Energy News Beat EuropeOffshore Odfjell Drilling Ørjan Lunde is stepping down as CEO of Norwegian shipowner Kristian Gerhard Jebsen Skipsrederi (KGJS) to return as chief financial officer at Odfjell Drilling, effective from September 1. Lunde was CFO at the drilling firm from 2019 to the start of 2024 when he moved to take the reins […]
Energy News Beat AsiaOperations ClassNK Hayato Suga has been promoted from senior vice president to become president and CEO of ClassNK, replacing Hiroaki Sakashita who becomes chairman of the Japanese classification society. Suga commented: “The business environment is changing rapidly, with boundaries between industries becoming increasingly blurred due to environmental challenges and digital transformation. In […]
Energy News Beat AsiaGas MOL IHI Corporation, Hokkaido Electric Power, Mitsubishi Gas Chemical Company, Mizuho Bank, Tokyo Century Corporation and shipowner Mitsui OSK Lines (MOL) have signed a memorandum of understanding (MoU) to explore investment opportunities in a green ammonia production project currently under development in India. In the project, a new green ammonia production […]
Energy News Beat States and localities are using lawsuits to shape national energy policy by targeting companies the federal government wants to see prosper. Throughout the presidential campaign, Donald Trump made no secret about his priority of bringing back domestic energy production. [emphasis, links added] So, in a surprise to no one, on his first […]
Energy News Beat The ‘Social Cost of Carbon’ shouldn’t have been set so high by Biden’s EPA, because plants do just fine with more carbon and warmer temperatures. One of the major issues I have had with “climate change” reporting is that articles portray carbon dioxide (CO2) as “toxic”. [emphasis, links added] This assertion is […]
Energy News Beat AI analysis finds CO2’s role in warming overstated, with solar variability and natural causes driving climate trends, contradicting IPCC models. An analysis of climate data by the respected AI Grok 3 beta verifies that the hype that’s been promoted by the media and other climate change activists for the past forty years […]
Energy News Beat German companies are relocating abroad due to high energy costs, taxes, and red tape, while Merz breaks campaign promises, worsening the business climate. Blackout News here reports how a growing number of German industrial companies are relocating their production abroad, driven by soaring energy costs, stifling bureaucracy, and an increasing tax […]
Energy News Beat Shell announced this ahead of its Capital Markets Day which will be held in New York on Tuesday. The company did not provide further details regarding the LNG sales growth. Shell sold 65.82 million tonnes of LNG in 2024, a 2 percent decrease from 67.09 million tonnes of LNG in 2023. The […]
Energy News Beat According to a statement by SEFE, the HoA is for the long-term supply of 1.5 million tonnes of LNG per year for at least 15 years. SEFE said the LNG supplies will be sourced from floating LNG (FLNG) vessels that Delfin is deploying approximately 40 miles offshore near Cameron, Louisiana, on the […]
Energy News Beat Mette Frederiksen, head of research and insight at Tankers International, on the future of the VLCC trades. The VLCC market is changing significantly. While the global fleet continues to grow with the introduction of newbuilds, the ageing vessels in operation are losing efficiency, therefore slowing the actual growth of tonnage supply. Adding […]
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.
