Energy News Beat AmericasTankers Teekay Teekay Tankers is renewing its LR2 tonnage through deals that will see one of the ageing vessels replaced by a 12 years younger unit. The New York-listed firm has agreed to offload the 2007-built Galway Spirit to an unnamed buyer for delivery in the first quarter of 2025. No price […]
Energy News Beat Croatian natural gas transmission system operator, Plinacro, announced the completion of the 58 km long pipeline in a statement on Friday. According to Plinacro, the pipeline worth about 140 million euros ($153 million) will improve Croatia’s gas supply security and increase gas transit to Hungary and Slovenia. The firm also announced the […]
Energy News Beat According to a statement by Excelerate on Friday, the two firms have signed a memorandum of understanding to collaborate on securing a “reliable and stable” supply of LNG sourced from the US as early as 2026. Under the agreement, the two parties will also evaluate PV Gas’ LNG supply requirements and define […]
Energy News Beat The consultancy estimates Australian LNG export revenue reached A$4.94 billion ($3.13 billion) last month. EnergyQuest said this was lower than A$5.70 billion in January 2025. This reflects a 19 percent decrease compared to February 2024, when revenue was A$6.09 billion. Western Australia projects earned export revenue of A$2.75 billion. Queensland projects brought […]
Energy News Beat Lithuania’s KN Energies said the 170,000-cbm FSRU Independence had completed its 500th ship-to-ship LNG transfer in Klaipeda since the start of operations in 2014. KN Energies said in a statement on Monday that the 500th LNG cargo arrived at the Klaipėda LNG terminal from the US. Since 2017, the FSRU has received […]
Energy News Beat Woodside said on Monday the SPA provides for the supply of about 0.6 million tonnes of LNG per year over 15 years on a delivered basis. The deliveries to China will start in 2027. Woodside executive VP & CCO Mark Abbotsford said this is Woodside’s fourth agreement for long-term LNG sales into […]
Energy News Beat Hanwha Ocean announced the signing of the deal for six 24,000 teu LNG dual-fuel containerships in a statement on Monday. The firm did not provide the price tag in the statement, but said in a separate stock exchange announcement that it will build six containerships worth about 2.32 trillion won, or $1.6 […]
Energy News Beat Germany’s Oskar Wehr is expanding its fleet with four general cargo newbuilds in China. Newbuilding sources report the Hamburg-based outfit has contracted 5,900 dwt units at Jiangsu Dajin Heavy Industry. No price has been divulged for the order. The yard, which has several German owners on its newbuilding project list, is expected […]
Energy News Beat DNV Canada has identified five suitable areas for the development of offshore wind farms in Nova Scotia. A regional assessment initially recommended eight potential wind energy areas, but that was cut down to five. Four of the five areas are south of Nova Scotia’s eastern shore – French Bank, Middle Bank, Sable […]
Energy News Beat USC German owner Elbdeich Reederei has firmed up orders for two more containerships at Huangpu Wenchong in China. Brokers report the Drochtersen-based company has lifted options for a pair of 1,900 teu newbuilds it held at the CSSC-affiliated yard, following a deal for two firm units earlier this year. The ships cost […]
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.
