Energy News Beat McDermott announced the engineering, procurement, construction, and installation (EPCI) contract in a statement on Thursday. The company did not provide the contract price. McDermott said this new contract is in addition to the awards received by McDermott earlier for the NFS pipelines FEED, the NFS jackets EPCI, and the NFXP topsides and […]
Energy News Beat Pouyanne discussed the Mozambique LNG project during TotalEnergies’ strategy and outlook presentation in New York on Wednesday. According to the company, the giant project is expected to launch operations in 2029. “So, the 2029 target, which is on the slide, is linked to restarting the project by the end of 2024. This […]
Energy News Beat The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 25 LNG vessels is 94 Bcf. This compares to 22 shipments and 83 Bcf in the week ending September 25. Average natural gas deliveries to US LNG export terminals decreased 0.2 Bcf/d from last […]
Energy News Beat The South Asian country is looking for long-term energy supply deals with Moscow to support its rapid economic growth India’s oil imports from Russia rose in September as overall demand for hydrocarbons increased ahead of the Diwali festive season, according to analytics firm Kpler, as reported by the Indian Express. Shipments […]
Energy News Beat Alarmist officials endanger democracy by promoting energy transitions that may trigger a public uprising against authoritarian practices. I have frequently written over the last several years that the agenda of the climate-alarm lobby in the Western world is not consistent with the maintenance of democratic forms of government. [emphasis, links added] Governments […]
Energy News Beat Prime Minister Keir Starmer, along with Chancellor Rachel Reeves and Energy Secretary Ed Miliband, will announce a big plan for green energy investment in the North of England. This announcement, scheduled for tomorrow, aims to create thousands of new jobs and support the growth of renewable energy. In his speech, Keir Starmer […]
Energy News Beat Israel’s vowed reprisals on Iran, and likely escalation afterward, have jolted complacent energy markets. All eyes are on the scale and scope of Israel’s promised response to Iran’s large-scale missile barrage on Tuesday. Few eyes are watching more warily than those in the oil market, which is getting unsettling hints that Iran’s […]
Energy News Beat Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2024 Note: The Electric Reliability Council of Texas (ERCOT) defines large flexible load as any facility drawing power from the grid with an expected peak demand capacity of 75 megawatts or more. In the United States, electricity consumption is growing fastest in Texas, where the Electric Reliability […]
Energy News Beat This article was originally published by the New Jersey Monitor. After a scorching summer that saw electricity bills soar, experts told lawmakers Wednesday that they should eschew costly utility mandates, invest in technology like carbon capture, and avoid shutting down power plants before replacement power sources are up and running. Wednesday’s hearing […]
Energy News Beat Daily Standup Top Stories Trouble Deepens for North Sea Oil and Gas September 24, 2024 Mariel Alumit North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks. The windfall profit tax was […] Goldman […]
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.
