Energy News Beat Technology can’t provide the economic miracle Starmer wants. By David Gerard, the author of the book Attack of the 50 Foot Blockchain and the cryptocurrency and blockchain news blog of the same name. A government bureaucracy generates paperwork—and even more paperwork when it’s computerized. But human judgement is expensive. What if a […]
Energy News Beat Natural gas accounts for 42% of electricity generation. It’s feedstock for fertilizers. It’s widely used for heating. And 19% was exported in 2024. By Wolf Richter for WOLF STREET. The notoriously volatile price of US natural gas futures has been zigzagging higher since mid-2024 and overnight spiked to over $4.80 per million Btu, and currently […]
Energy News Beat Hapag-Lloyd Hapag-Lloyd’s terminal and infrastructure division Hanseatic Global Terminals (HGT) has acquired a 60% stake in CNMP (Compagnie Nouvelle de Manutentions Portuaires), operator of Atlantique container terminal in Le Havre, France. The remaining 40% of the shares in CNMP will continue to be held by temperature-controlled food logistics specialist Seafrigo Group. Le […]
Energy News Beat A major rescue operation is underway in the North Sea after a product tanker and a containership crashed and caught fire off the coast of Hull in east Yorkshire, UK. A US-flagged MR tanker Stena Immaculate was struck by the Portugal-flagged containership Solong while at anchor off the Humber Estuary. Multiple nearby […]
Energy News Beat Whitecap Resources and Veren have agreed to a $10.4 billion all-share merger, creating a major Canadian oil and condensate producer. The combined company will have an enterprise value of $10.4 billion and produce 370,000 barrels of oil equivalent per day. The merger will create the largest Canadian light oil-focused producer and a […]
Energy News Beat The Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided not to renew the windfall tax on oil and gas companies beyond 2030. Facing declining domestic production, energy security concerns, and […]
Energy News Beat ENB Pub Note: This is an excellent article from Bloomberg on LNG diplomacy and the expansion in President Trump’s second term. We are going to see some critical changes in the geopolitical world and new alliances that will not be directed by the globalists. Energy and Finance will be at the core […]
Energy News Beat EuropeOffshore Havila Shipping Norwegian OSV owner Havila Shipping has secured a contract extension for its platform supply vessel Havila Borg. The Fosnavåg-based company has fixed the 2009-built unit to energy industry logistics provider Peterson Den Helder for a period of around 215 days in direct continuation of its existing contract with Peterson […]
Energy News Beat “Our development project, designed to assess the possibility of LNG reloading and market demand for this service, has fully met our expectations and continues progressing,” LNG Croaia said in a statement on Friday. The LNG terminal operator did not provide further information. In April 2022, LNG Croatia started offering these services, and […]
Energy News Beat According to a statement by Orlen on Friday, the two firms have signed a memorandum of cooperation in the LNG sector. The Polish firm said the implementation of the deal will allow Ukraine to create a more diversified supply of natural gas. As part of the cooperation, Orlen will supply about 100 […]
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.
