Energy News Beat German Chancellor Olaf Scholz seems optimistic that his governing coalition — comprising his center-left Social Democrats, the Greens and neoliberal Free Democrats — will push ahead with the country’s energy transition. He remains optimistic despite Germany’s budget problems, despite growing bureaucratic challenges and a mood of despondency prevalent among large parts of German society. “If we manage […]
Energy News Beat Given that Prime Minister Justin Trudeau’s carbon tax is costing the average Canadian household hundreds of dollars annually when factoring in its negative impact on the economy, how much is it lowering Canada’s greenhouse gas emissions? In response to an order paper question by Conservative MP Dan Mazier last week (hat tip […]
Energy News Beat A team of climate scientists want to launch enormous umbrellas into space to reduce the Earth’s exposure to the sun and fight climate change, The New York Times reported Friday. The underlying idea is that large parasols could be positioned in space such that they marginally reduce the intensity of sunlight the […]
Energy News Beat [[{“value”:” The mining industry in Chile, the world’s top copper producer and second-largest lithium producer, will need more than 34,000 new workers by 2032, according to a study released this week. The report by the CCM-Eleva Alliance, a joint initiative between the Mining Council and Fundacion Chile, analyzed workforce trends and […]
Energy News Beat Tucker Carlson just released “Something Big Is About to Happen” and discussed the border as a migration and invasion. Dr. Bret Weinstine is Tucker’s quest, and he covers his visit to the Darien Gap and discussions with Michael Yon. Michael was able to show him all of the camps and the paths […]
Energy News Beat Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting dividend, asset sales could restore confidence -analysts COPENHAGEN, Feb 2 (Reuters) – Orsted (ORSTED.CO), opens new tab is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy […]
Energy News Beat Dozens of British wind farms run by some of Europe’s largest energy companies have routinely overestimated how much power they’ll produce, adding millions of pounds a year to consumers’ electricity bills, according to market records and interviews with power traders. These extra costs are linked to a growing problem with Britain’s outdated […]
Energy News Beat Energy regulator Ofgem is investigating the claims that wind farms may have incorrectly added close to £51m to taxpayer bills since 2018. A Bloomberg report found that 40 out of 121 studied projects overstated their output by ten per cent on average and one-sixth (27) wind farms were found to be overstating by at […]
Energy News Beat HOUSTON, Feb 2 (Reuters) – After a year marked by oil and gas production setbacks, Chevron Corp on Friday delivered a better-than-expected 10.7% annual gain from the Permian Basin, its top shale-producing region. The company delivered a record 867,000 barrels per day (bpd) in the fourth quarter and, after a first-half dip in […]
Energy News Beat Supply-chain chaos, edgy US-China relations, and scary dependence on China triggered a rethink, now showing up as investments in manufacturing plants. By Wolf Richter for WOLF STREET. In December, companies plowed $18.4 billion into the construction of manufacturing plants in the US ($220 billion annualized), up by 64% from a year ago, up by 131% […]
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.
