Energy News Beat The dramatic, if largely unpublicised, recovery in Arctic sea ice is continuing into the New Year. Despite the contestable claims of the ‘hottest year ever’ (and even hotter in 2024), Arctic sea ice on January 8th stood at its highest level in 21 years. Last December, the U.S.-based National Snow and Ice Data Centre […]
Energy News Beat A trial run of Houston-based Sage Geosystems’ underground battery has delivered “groundbreaking” results, the company reported. The tech, sometimes called an “earthen” battery, is meant to store electricity generated from renewable sources. It’s also geared to be an alternative to lithium-ion battery storage systems, which require expensive and hard-to-gather materials to make. Field tests from […]
Energy News Beat When Congress voted to spend hundreds of billions to switch electricity production to solar and wind, it forgot something: transmission lines. New ones will be needed going to the locations of the new power sources, but nobody bothered to figure out who will pay for it or how much it will cost. […]
Energy News Beat The Pakistani government has condemned an alleged Iranian missile strike in the Balochistan province on Tuesday, claiming it has caused civilian casualties. Islamabad said it would lodge a protest with Tehran over the “unilateral action” and violation of its sovereignty. Several Iranian news outlets reported on Tuesday evening that missiles and drones […]
Energy News Beat Oil and Gas 360 One of the highlights of the business programme of the Transportation Oil and Gas Congress (TOGC 2024) is the topic of hydrogen readiness of infrastructure. C-level audience and leading technical specialists gather to discuss cases of hydrogen implementation and how to adapt, maintain and monitor hydrogen infrastructure. The […]
Energy News Beat Nasdaq NEW YORK – Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed by legislation in 2022 that made these trades possible, a new study shows. President Joe Biden’s climate law aimed to stoke trillions […]
Energy News Beat “In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that from the mid-1950s to the late 1970s, oil companies were finding around five times as much oil […]
Energy News Beat Oil Price Back in the middle of 2023, the International Energy Agency reported that electricity demand is on the decline in advanced economies. The IEA said at the time that demand for electricity in the U.S. alone was set to drop by 2% in 2023. Instead, demand is surging. And warnings of blackouts are […]
Energy News Beat The situation is “extremely difficult” so Kiev needs more weapons, Jens Stoltenberg has said Russia is advancing on many parts of the front in Ukraine while Kiev’s big offensive did not deliver the desired results, NATO Secretary-General Jens Stoltenberg said on Tuesday in Davos. Speaking at the World Economic Forum panel titled […]
Energy News Beat After winning Iowa’s Republican Caucuses, the ex-US president has claimed he can achieve “peace through strength” Donald Trump has marked the first victory in his campaign to reclaim the US presidency by reiterating a boast that he will quickly end the Russia-Ukraine conflict when he returns to the White House. Speaking after […]
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.
