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% […]
Energy News Beat Ron Miller stops by and talks about the diversified energy approach. Calculations, physics, and the economy matter! Ron and I had a blast visiting his research and the Colorado School of Mines. His big event with the school is extremely cool and helps show a dedication to getting the story about the […]
Energy News Beat Ethiopia spent nearly $6 billion to import fossil fuels last year — with more than half of that spending going to fuel vehicles. In response, Ethiopia’s Transport and Logistics Ministries have announced that automobiles cannot enter Ethiopia, unless they are electric. (!) Last February, the European Union approved a law that would ban […]
Energy News Beat Last Friday’s Department of Energy (DOE) move to temporarily pause pending requests to export liquefied natural gas (LNG) outside the United States has elicited not only a firestorm of criticism (including from us), but also proposals in Congress to reverse the DOE action. Just two days ago, for example, House Energy and Commerce Committee Chair […]
Energy News Beat Net purchases in 2023 almost matched the previous year’s record, the World Gold Council has said Total gold demand hit the highest level on record last year of 4,899 tons amid global uncertainty and thanks to continued strong buying by central banks, according to the World Gold Council (WGC). In its […]
Energy News Beat Tehran’s foreign ministry has commented on recent operations targeting militia groups in Syria and Iraq The US has made a huge blunder by attacking targets in Iraq and Syria, as it will only further inflame tensions in the already turbulent region, Iranian Foreign Ministry spokesman Nasser Kanaani has said. In a statement […]
Energy News Beat Daily Standup Weekly Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data modeling experts who have found where the global warming narrative over the last four years has been […]
Energy News Beat At the AME Roundup conference in Vancouver last week, attended by 6,200 delegates, Geoscience BC launched the Critical Minerals and Metals in BC Mine Tailings and Waste Rock program — a province-wide study to determine where potential concentrations of critical metals and minerals may be found in mine tailings and waste rock. The […]
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.
