Energy News Beat Officials have reportedly said that the damage caused by the scandal outweighed the security threat Officials from the administration of US President Joe Biden initially hoped to conceal the Chinese balloon incident earlier this year from the public and even Congress, a new report by NBC News has revealed. There were reportedly […]
Energy News Beat The plan to replace coal-fired plants by 2030 is “unrealistic,” lobby chief Siegfried Russwurm has warned Berlin’s plan to phase out coal-fired power plants ahead of schedule is likely to fail, the head of the German industry lobby BDI, Siegfried Russwurm, told reporters on Saturday. He said the federal government lacks a […]
Energy News Beat Shipments of crude to China and India have surged as Moscow redirects supplies from the EU Russia has sharply increased oil shipments to China and India this year, Nikolay Tokarev, the CEO of the Russian state-owned pipeline transport company Transneft, told the Rossiya24 broadcaster this week. Russia remained China’s top crude supplier […]
Energy News Beat State-owned producer Oman LNG has signed a long-term deal with compatriot Asyad Shipping to charter two liquefied natural gas carriers. Asyad Shipping’s parent Asyad Group revealed this charter deal in a social media post on Thursday. The firm said that it will charter two modern 5th generation LNG carriers with a capacity […]
Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet fell sharply this week, while European and Asian prices continued to decrease as well. Last week, the Spark30S Atlantic decreased to $133,750 per day, and the Spark25S Pacific decreased to $103,500 per day. “LNG freight rates fell sharply week, with […]
Energy News Beat Power producer First Gen has awarded a contract to a unit of French energy giant TotalEnergies to supply the third liquefied natural gas (LNG) cargo to its FSRU-based terminal in Batangas, Philippines. The award of the LNG cargo follows an international tender issued by First Gen earlier this month. According to a statement […]
Energy News Beat There are a lot of fun discussions around energy, climate change, and energy poverty. Paula Glover, CEO of the Alliance to Save Energy, stopped by the podcast right after she returned from COP28. Hearing from Paula firsthand about the temperature backstory of the summit was great. A little inside baseball: I have […]
Energy News Beat “This is not about complicated issues of cryptocurrency,” assistant U.S. attorney Nicolas Roos declared in the Sam Bankman-Fried trial, after accusing the defendant of building FTX on a “pyramid of deceit.” Much the same can be said about the foundations of Britain’s net zero experiment. Energy is complicated, and electricity is essential to modern […]
Energy News Beat Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing. A year ago, the California Public Utilities Commission (CPUC) approved NEM 3.0, a rulemaking decision implemented in April 2023 that slashed compensation […]
Energy News Beat In Texas we call that “DRT – Dead Right There” – Stu Turley In the early days of the push for electric vehicles to replace gas-powered vehicles, they were novelties used for virtue signaling. As the push from government leftists ramped up quickly, millions worldwide jumped onboard willingly or reluctantly as it […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
