Energy News Beat Despite Africa’s monumental fossil fuel and renewable energy potential, it faces high energy poverty levels, according to a new report. And while efforts to shift to clean energy in Africa are positive – with several countries taking advantage of the enormous renewable energy potential – these efforts need to be coupled with the […]
Energy News Beat Sustainability funds should be able to hold traditional energy shares because excluding them is denying investors one of the best ways to bet on a shift to renewable energy, a senior ESG executive at Deutsche Bank’s Private Bank said on Tuesday. Fossil fuel stocks have boomed since Russia’s invasion of Ukraine in […]
Energy News Beat Ghana has unveiled an energy transition and investment plan worth $550 billion, but it faces significant challenges like integrating renewable energy sources, raising public awareness, and attracting sufficient funding, experts told Gas Outlook. The recent National Energy Transition Framework (NETF) paved the way for more specific and practical strategies within Ghana’s Energy Transition and Investment Plan. NETF […]
Energy News Beat DETROIT – Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs. Ford executives including CEO Jim Farley and Chair Bill Ford initially announced the facility in February. It quickly became […]
Energy News Beat Is there any critical industrial material as bizarre as natural gas? The stuff holds almost zero interest for the general public, for the same reason no one is interested in the sound of a washing machine. Both boring. Both ubiquitous. Natural gas isn’t even sold on Amazon. But forty-six percent of American […]
Energy News Beat The wheels are starting to fall off the green energy bandwagon. The rose-colored glasses are clearing up and reality is sinking in. The giant push toward a net zero utopia is not practical and has been a complete disservice to the American consumer. Components of the green movement are experiencing major setbacks, namely […]
Energy News Beat WASHINGTON, Nov 20 (Reuters) – The U.S. will lay out the first international strategy to commercialize nuclear fusion power at the upcoming UN climate summit in Dubai, U.S. Special Envoy on Climate Change John Kerry will say on Monday, two sources familiar with the announcement said. Fusion could have an important advantage […]
Energy News Beat Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The International Monetary Fund (IMF) released a handbook for global central banks regarding the development and implementation of central bank digital currencies (CBDCs). The IMF’s “Central Bank Digital Currency Virtual Handbook” published last week pointed out that the increased use of CBDCs […]
Energy News Beat Greece’s Gastrade is seeking a liquefied natural gas cargo for the commissioning of its FSRU-based LNG import terminal in Alexandroupolis. The firm launched a tender on October 31 for the supply of the commissioning cargo and relevant services and the tender closes on December 5. Moreover, Gastrade said the supplies will be […]
Energy News Beat The Israeli military released a statement on Sunday saying it had found a Hamas tunnel shaft under Gaza’s al-Shifa Hospital. It also released footage of tunnels taken on November 17. Here is what the footage tells us: What happened at al-Shifa? On November 15, Israel launched an aggressive raid on Gaza’s largest […]
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.
