Energy News Beat Bunker buying is “broken”, according to James Peacock, the founder of XMAR, whose company, founded last year in Cyprus, has set out to give shipping a retail model for bunkers similar to how Amazon transformed online shopping. “Bunker buying is behind the rest of the industry, negotiations on WhatsApp, no clear price […]
Energy News Beat No deep dive into any industry or sector should start with a downer. However, there are no two ways about it – the LNG shipping sector has been in freefall of late and nothing earth-shattering has happened in the first two months of this year to convince people that it will improve […]
Energy News Beat Cautious is the watchword to sum up the sale and purchase scene in February. With the US contemplating taxing Chinese-built tonnage, there is a clear sentiment to pick out Japanese-built ships all of a sudden. “As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we […]
Energy News Beat This would be like a reverse Operation Twist. By Wolf Richter for WOLF STREET. Dallas Fed president Lorie Logan – a leading voice on the nuts and bolts of the Fed’s balance sheet due to her prior job as head of the New York Fed’s System Open Market Account (SOMA) which handles the Fed’s securities […]
Energy News Beat Global demand for liquefied natural gas (LNG) is forecast to rise by around 60 percent by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport as well as the impact of artificial intelligence, according to Shell’s LNG Outlook 2025. Industry forecasts now expect LNG demand to reach […]
Energy News Beat Sempra announced this in its 2024 results report on Tuesday. The firm said the Port Arthur LNG Phase 2 development project is receiving “strong” commercial interest. “Sempra Infrastructure continues to hold substantial, active discussions with world-class companies for participation in the Phase 2 project, which is already anchored by a non-binding HOA […]
Energy News Beat Everyone is talking about Bitcoin—heck, even your grandma is! From outskirts to main street, Bitcoin has become a hot topic for anyone curious about the future of money and energy. I had only dabbled in Bitcoin until I met someone who not only understands its intricacies but also the profound connection between […]
Energy News Beat Screenshot, Source: X Pertamina International Shipping chief executive Yoki Firnandi has been arrested in connection with an alleged $12bn corruption scandal involving the procurement of crude oil and oil products. Indonesia’s Attorney-General’s Office named Yoki as one of seven suspects, four of whom were officials of Pertamina subsidiaries. The suspects were accused […]
Energy News Beat Nikola, a hydrogen-electric semi-truck maker, filed Chapter 11 after a spectacular market collapse. With news of another green company going under, the green industry would never have fully developed if the federal government had not chosen winners and losers. [emphasis, links added] It’s another victim of the climate change cult. Nikola, a […]
Energy News Beat Everything about New York’s vision for a net zero economy is unraveling, and its utopian climate plans have only gotten worse. Back at the beginning of the year, I had a post titled “New York On The March To Climate Utopia.” The post took note that everything about New York State’s […]
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.
