Energy News Beat Royal Navy Shipping is watching movements in the Red Sea closely today to see if Yemen’s Houthis renew attacks on commercial vessels passing through the Middle East. The Houthis have said they stand by today’s deadline they gave Israel, pledging to resume naval attacks in the Red Sea and Gulf of Aden […]
Energy News Beat Noble UK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation’s drillships. Noble said via social media channels that a one firm well plus one option well deal was awarded to the Noble Viking rig. The contract, which is a direct continuation of a previous one, is set […]
Energy News Beat With scores of shipowners booking their flights for late April to Switzerland for the world’s top dry bulk event, Vasileios Gkikas will be on hand to answer some of the most pressing questions on the agenda. Gkikas, global lead for dry bulk at class society ABS, tells Splash the questions he tends […]
Energy News Beat Shanghai Waigaoqiao Shipbuilding The first signs of a two-tier market are emerging in anticipation of Donald Trump’s likely penalisation of Chinese-built tonnage. Broker BRS is reporting Chinese-linked ships are now becoming far less attractive for long time charters due to the likelihood that, at some point during their charters, these ships would […]
Energy News Beat Greater ChinaTankers Johnnie / MarineTraffic Aframaxes remain the most popular tanker sales candidates this year, dominating the market, while VLCCs are also attracting interest. However, a price gap between buyers and sellers continues to delay deals for semi-modern vessels, ships now being tested on the market. Formosa Plastics Marine Corp put the […]
Energy News Beat A Panama-flagged tanker was boarded by seven individuals while transiting eastbound in the Philip Channel yesterday, approximately six nautical miles east of Kasu, Indonesia, the latest in a string of similar incidents in the same area. According to Ambrey, a British maritime security specialist, the suspects were reportedly armed with “gun-like” objects. […]
Energy News Beat (Bloomberg) — A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs. Ontario directed its grid operator, the Independent Electricity System Operator, to add a C$10 ($7) per megawatt-hour surcharge to all power exported to Minnesota, […]
Energy News Beat Shandong Yulong Petrochemical is set to begin trial runs at its second 200,000 bpd crude processing unit, increasing China’s refining capacity. This expansion could lead to a boost in China’s crude oil imports, despite recent declines. The refiner has been diversifying its crude sources, increasing purchases from West Africa and Brazil. Shandong […]
Energy News Beat Germany’s new coalition government is shifting energy policy, potentially rolling back ambitious climate targets. The government plans a €500 billion infrastructure fund to upgrade the nation’s aging power grids. Concerns over high energy costs and energy security are driving the new policy direction, impacting both domestic and European energy markets. Germany is […]
Energy News Beat The Collapse of the Green Revolution We are seeing startling trends worldwide, and our special guest today is an author and energy speaker, Robert Bryce. We have so much to cover, and he is an incredible Substack with information. Join Tammy Nemeth, Irina Sav, David Blackmon, and Stu Turley as we cover […]
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.
