Energy News Beat Germany is nearing a decision on what to do with the local units of Russian oil major Rosneft PJSC that the government seized two years ago after Moscow’s invasion of Ukraine. The future of the assets will be determined soon, a government official familiar with the matter told reporters Monday. The state-controlled […]
Energy News Beat Ed Miliband, the UK’s new Secretary of State for Energy Security and Net Zero, has outlined his priorities in a message to staff, which was posted on the UK government website. “Our department will be at the heart of the new government’s agenda, leading one of the Prime Minister’s five national missions, […]
Energy News Beat There’s a dark side to ‘The Next AI Trade’—at least for some landowners. Powering up America and upgrading power grids for artificial intelligence data centers, onshoring trends, and the electrification of the economy will require thousands of miles of new transmission lines nationwide. Existing lines will be upgraded, but new lines will also be needed, […]
Energy News Beat About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has His raised hands dirty with oil, the president of Brazil, Luiz […]
Energy News Beat US LNG terminal operator Freeport LNG has shut down its three-train liquefaction and export plant in Texas due to Hurricane Beryl. “We safely ramped down production at our liquefaction facility on Sunday, July 7, ahead of Hurricane Beryl making landfall,” a Freeport LNG spokeswoman told LNG Prime in an emailed statement on […]
Energy News Beat Biden’s betting big on his ‘net zero’ agenda as part of his misguided ideological climate-control vision, even as Americans get walloped. The Biden administration doggedly has pursued a “net zero” climate-control policy since President Joe Biden’s first day in the Oval Office when he recommitted the country to the Paris Climate Accord. […]
Energy News Beat An NBC News item on lost solar energy unwittingly exposes the folly of big-government climate policies such as the Green New Deal. An NBC News item on lost solar energy inadvertently exposes the folly of big government climate policies such as the Green New Deal, and building mandates. [emphasis, links added] The […]
Energy News Beat The road to widespread EV adoption is proving to be bumpy, with several obstacles threatening to stall progress. The electric vehicle revolution is encountering significant hurdles as consumers grapple with high costs, infrastructure challenges, and geopolitical tensions, potentially slowing the transition from traditional gas-powered cars, according to a report by Fast Company. […]
Energy News Beat Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal operations in the third year after the onset of the COVID-19 pandemic. U.S. jet fuel consumption averaged […]
Energy News Beat The amount of offshore wind generating capacity that is under construction or planned in the United States is in flux after two projects in New Jersey were canceled last year. Of the 7,200 megawatts (MW) of capacity reported in May in EIA’s latest Preliminary Monthly Electric Generator Inventory, projects totaling about 2,400 MW […]
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.
