Energy News Beat “Global LNG freight rates hit record lows this week, with the Spark30S (Atlantic) assessment dropping $11,000 to $9,000 per day – the lowest rates on record for a 174 2-stroke vessel,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. “This has largely been driven by increased vessel availability, due to the […]
Energy News Beat Democrats excuse their epic incompetence by blaming Calif. fires on a sinful mankind that’s changing the climate. Apocalyptic global warming predictions of doom have long been fashionable, quasi-religious beliefs of 21st-century liberalism. But after the recent wildfires that have devastated the state, some California Democrats will be clinging to climate change as […]
Energy News Beat The shocking details of a bill that gives the UK government unprecedented power to pursue net zero and other eco-goals have been revealed. The shocking details of a bill giving the government unprecedented power to pursue net zero and other eco-goals have been revealed. [emphasis, links added] The ‘Climate and Nature Bill’, […]
Energy News Beat US President Donald Trump paused new permits for offshore wind projects as one of his first acts in office. Although largely exposed and facing uncertainty, European industry players are keeping their cool. Among his inaugural executive decrees signed off earlier this week, Trump temporarily suspended new offshore wind energy permits – […]
Energy News Beat The 2021-built 174,000-cbm, BW Lesmes, delivered the shipment to the 153,600-cbm FSRU, Alexandroupolis, on January 19, a spokeswoman for Gastrade told LNG Prime. BW LNG’s ME-GI vessel, which is on a long-term charter to BP, brought the LNG shipment from the Freeport LNG terminal in Texas, its AIS data provided by VesselsValue […]
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 […]
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.
