Energy News Beat U.S. gasoline and diesel prices are set for a more volatile summer this year as an expected busier-than-usual hurricane season and extremely high temperatures could weigh on refinery production, analysts have told Reuters. A higher number of named storms could lead to more refinery shutdowns on the U.S. Gulf Coast, which hosts more than […]
Energy News Beat Electric vehicle fires are rare, but they quickly make headlines due to the new technology and ongoing public education about EV safety. A recent incident that caught our attention involved three Rivian Amazon Electric Delivery Vans (EDVs) bursting into flames at an Amazon fulfillment center in Houston, Texas, this week. For starters, […]
Energy News Beat (Bloomberg) – ConocoPhillips sued to block a Biden administration ban on drilling across nearly half the National Petroleum Reserve in Alaska, claiming the measure violates a federal law that compels oil development there. The lawsuit filed Friday takes aim at an Interior Department rule that explicitly bars oil leasing on 10.6 million […]
Energy News Beat SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to handle tax policies, abortion and the pandemic response could spill over into renewable energy and the future of coal plants. At issue is the pace with which gas and electric companies can transition away from fossil […]
Energy News Beat OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) — Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the […]
Energy News Beat British Gas has relaunched the “PeakSave” scheme, offering discounted electricity rates every Sunday until 8th September. Eligible customers can save 50% on their electricity bills between 11am and 4pm. Over 600,000 participants have already benefited from this initiative, receiving more than £11 million in savings, the company said. To join, customers can […]
Energy News Beat Artificial intelligence is vital to the next wave of innovations in technology and entrepreneurship. ChatGPT’s launch at the end of 2022 caught the public’s attention, but AI has already infiltrated major industries. Fifty percent of global organizations reported adopting AI in at least one business area in 2022. AI has the potential to contribute $15.7 […]
Energy News Beat US LNG exporter Sempra and compatriot Bechtel are moving forward with construction on the first phase of the Port Arthur LNG export project in Texas worth about $13 billion. In March last year, Sempra Infrastructure, a unit of Sempra, took a final investment decision for the first phase of its Port Arthur LNG export […]
Energy News Beat Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland were almost flat in June compared to the same month last year, while volumes to China decreased 22.8 percent, according to the monthly data by Gladstone Ports Corporation. Curtis Island is home to the Santos-operated GLNG plant, the ConocoPhillips-led APLNG […]
Energy News Beat The energy sector has responded positively to Labour’s General Election victory, with industry leaders expressing their readiness to work with the new government on clean energy initiatives. Emma Pinchbeck, Chief Executive of Energy UK, highlighted the sector’s eagerness to help deliver Labour’s clean energy ambitions. Emma Pinchbeck said: “While the results – […]
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.
