Energy News Beat US LNG exporting giant Cheniere reported a 42 percent drop in its quarterly revenue due to lower prices, while its net profit decreased 91 percent. The company’s Corpus Christi Stage 3 project is 55.9 percent complete. The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Friday its […]
Energy News Beat [[{“value”:” The US company has warned investors it will not be able to deliver the planned number of Dreamliner jets this year, according to the paper Boeing is experiencing problems with the production of its 787 Dreamliner wide-body airliners due to the lack of a key component caused by US sanctions on […]
Energy News Beat Wolf Richter on “This Week in Money,” at HoweStreet.com, recorded on March 27: Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how: Would you like to be notified via email when WOLF STREET publishes a new […]
Energy News Beat WASHINGTON, May 3 (Reuters) – The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost domestic capacity to process uranium fuel, the outgoing top nuclear energy official told Reuters. The […]
Energy News Beat Senators Mary Beth Carozza (R-District 38), Johnny Mautz (R-District 37), Stephen Hershey (R-District 36), and Jason Gallion (R-District 35) are calling on Gov. Wes Moore to veto House Bill 1296 – Electricity – Offshore Wind Projects – Alterations. The House bill has been cross-filed with SB1161. According to an email from Carozza’s office, “this legislation […]
Energy News Beat Following the Group of Seven (G7) forum’s declaration to phase out unabated coal by 2035, global coal organization FutureCoal has urged world leaders to adopt a balanced, pragmatic, and responsible approach to energy policy. Following the G7 forum’s declaration to phase out unabated coal by 2035, global coal organization FutureCoal has urged world leaders […]
Energy News Beat Tesla buys battery materials from the mining giant with the most allegations of human rights abuses against it in a database of abuses tied to clean energy. Mining company Glencore has racked up at least 70 allegations since 2010, including accusations of corruption and poor working conditions, according to the nonprofit Business […]
Energy News Beat Dr. Benny Peiser recently spoke about how the E.U. and various European nations have started a ‘rollback’ of their climate agendas due to ‘increasing costs and increasing hostility from the public.’ A recent presentation given in Canada brings welcome news to the reality-based community: Net Zero’s days are numbered. The costs of […]
Energy News Beat Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and lower prices for the fuel. Gazprom Group, which also includes oil and power businesses, posted a 629 billion-ruble ($6.84 billion) loss last year compared with net income of 1.23 trillion rubles in 2022, according […]
Energy News Beat [[{“value”:” The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case. If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available […]
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.
