Energy News Beat Venture Global announced on Thursday the pricing of its IPO of 70 million shares of its Class A common stock, par value $0.01 at a public offering price of $25 per share. In connection with the offering, Venture Global has granted the underwriters a 30-day option to purchase up to an additional […]
Energy News Beat The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 22 LNG vessels is 84 Bcf. This compares to 29 shipments and 110 Bcf in the week ending January 15. According to data from S&P Global Commodity Insights, average natural gas deliveries […]
Energy News Beat Emmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival and reducing Western influence, Emmanuel Chukwuka Johnson, chairman of the Nigeria-Russia trade and investment advisory council, has […]
Energy News Beat CIP Taean Wind Power, a joint venture between Copenhagen Infrastructure Partners (CIP) and Vena Energy, has secured a fixed-price offtake contract in South Korea. The 500MW project is targeting the start of construction in the second half of 2026, with commercial operations expected by late 2029. The project will generate enough clean […]
Energy News Beat AsiaGas MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) has revealed the charterer behind its recent shipbuilding deal for very large ethane carriers (VLECs) in South Korea. The Tokyo-based company ordered three 100,000 cu m vessels at Samsung Heavy Industries in late December at around $168m each for delivery […]
Energy News Beat EuropeTankers MarineTraffic / Nikoloz Mishveliani A laden Russian-flagged tanker has broken down in the stormy Bay of Biscay off France. The Unity, a 16-year-old aframax, departed Primorsk on January 16 with Russian oil bound for Mangalore in India. The ship ran into difficulties overnight off the west coast of France. It has […]
Energy News Beat Middle EastOperations President.ir The United Kingdom Maritime Trade Operations (UKMTO) is reporting a suspicious approach to a merchant ship in the Persian Gulf near Iran. The master of the unidentified vessel reported his ship was approached by a small military craft and it has been flashing a green laser light towards the […]
Energy News Beat T7 Global Malaysian offshore services player Tanjung Offshore, part of T7 Global, has won a contract with oil and gas player Hess for the provision of pan-Malaysian offshore maintenance, construction, modification and hook-up commissioning services. According to T7’s Bursa Malaysia filing, the contract was for the B3 Package but no financial details […]
Energy News Beat AsiaDry Cargo Great Eastern Shipping Indian owner Great Eastern Shipping is offloading another of its ageing vessels as part of the company’s fleet renewal initiative. The Mumbai-listed diversified owner has reportedly struck a deal with an undisclosed Chinese buyer for its 2011-built supramax bulk carrier Jag Rishi. The deal for the 56,700 […]
Energy News Beat San Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their […]
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.
