Energy News Beat The Finance Committee in the Iraqi parliament made a statement on 31 January calling for the sale of oil in currencies other than the US dollar, aiming to counter US sanctions on the Iraqi banking system. “The US Treasury still uses the pretext of money laundering to impose sanctions on Iraqi banks. This requires […]
Energy News Beat Norway’s district court in Oslo recently made a decision on fossil fuels that deserves the attention of every person concerned about climate change. This ruling, which compels energy firms to account for the industry’s entire carbon footprint, could change the way oil and gas licenses are awarded in Norway—and inspire similar legal challenges to […]
Energy News Beat On January 26, the Biden administration announced it would pause new approvals of liquefied natural gas (LNG) exports. The official news followed several leaked stories—including one prominent article by The New York Times—that triggered criticism from LNG supporters and praise from climate activists. The announcement appears to be a concession to the “keep it in the ground” movement and the 65 federal lawmakers who […]
Energy News Beat (Bloomberg) — The US House of Representatives will vote on overturning the Biden administration’s freeze on liquefied natural gas export approvals, a top Republican said Wednesday. The vote will take place the week after next, Representative Cathy McMorris Rodgers, who chairs the House Energy and Commerce Committee, said during an interview. “We […]
Energy News Beat Morocco has emerged as the major winner from the competition engaged between the United States and China for control of the supply chain of critical minerals, used in clean energy transition and electric vehicle (EV) batteries, says the U.S. Center for Strategic and International Studies. In August 2022, the U.S. passed the […]
Energy News Beat China permitted more coal power plants last year than any time in the last seven years, according to a new report released this week. It’s the equivalent of about two new coal power plants per week. The report by energy data organizations Global Energy Monitor and the Centre for Research on Energy and Clean Air finds the […]
Energy News Beat Today’s world is going through major transformations. Among the most sensitive issues remains the availability of food and the challenges tied to it. In the past few years, such a seemingly basic problem has become more complicated to achieve for many countries. Global economic challenges and the accompanying politicization of international cooperation, […]
Energy News Beat US LNG exporter Cheniere and compatriot Bechtel have completed more than half of the work on the expansion phase at the Corpus Christi LNG export plant in Texas. Cheniere’s Corpus Christi liquefaction plant now has three operational trains with each having a capacity of about 5 mtpa. In June 2022, Cheniere took a […]
Energy News Beat The EU’s industrial powerhouse is plagued by falling orders and growing production costs Germany’s automobile industry is in decline and the country needs assistance to salvage it, Russian President Vladimir Putin said during a visit to the All-Russia Exhibition Center in Moscow on Thursday. “They are now destroying their auto industry. They […]
Energy News Beat [[{“value”:” Indiana environmental and citizen groups say a lack of transparency for a planned regional hydrogen fuel hub is stoking fears that the project will primarily benefit polluting heavy industries – though the federally funded program is meant to be part of a clean energy transition. “If we don’t get this right, […]
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.
