Energy News Beat Chris Skidmore, the former UK Cabinet Minister for Energy and Chair of the Net Zero Review, has stated that achieving the 2030 net zero targets is feasible, but only with absolute commitment from the new Labour government. Mr Skidmore stressed that this commitment must prioritise net zero goals at the centre of […]
Energy News Beat Despite belligerent rhetoric and videos and images of enhanced military assets, it has now been eight days since the last confirmed incident in the Red Sea reported by merchant vessels to the United Kingdom Maritime Trade Operations (UKMTO). This comes after a severe escalation by the Houthis in June both in terms […]
Energy News Beat Nothing can reverse the damage inflicted by Biden’s disastrous debate performance, lawmakers reportedly believe A growing number of senior Democrats want Joe Biden to withdraw from the US presidential election race by Friday, Axios has reported, citing sources. Lawmakers are said to be hoping that the entire party will “beg” the incumbent […]
Energy News Beat Hyperbolic predictions on New York City and sea level rise have been around for decades, and not one has come true or shown they will. A recent CBS News article claims that climate change-induced sea level rise could result in large parts of New York City being underwater by the year […]
Energy News Beat German LNG terminal operator Deutsche ReGas has welcomed the second floating storage and regasification unit at its LNG import terminal in Germany’s port of Mukran. The 2009-built 145,000-cbm, FSRU Neptune, has arrived on Wednesday at the “Deutsche Ostsee” energy terminal in the industrial port of Mukran, Deutsche ReGas said in a statement. […]
Energy News Beat Greece’s Gastrade expects to launch commercial operations at its FSRU-based LNG import terminal off Alexandroupolis in October this year following an issue with the project’s pipeline. The 2018-built 174,000-cbm LNG carrier, GasLog Hong Kong, delivered on February 18 the commissioning cargo from the US to the 153,600-cbm FSRU, Alexandroupolis. Gastrade said on April 5 that the […]
Energy News Beat European Energy The European Commission has approved a €10.82bn ($11.67bn) scheme to support the deployment of offshore wind energy in France. The scheme was approved under the State Aid Temporary Crisis and Transition Framework (TCTF) and will run for 20 years. The TCTF was established in 2023 to foster support measures in […]
Energy News Beat By Wolf Richter for WOLF STREET. The ransomware attack on CDK’s cloud-based dealership management system, which on June 19 had cut off nearly 15,000 dealers from the software that was running every aspect of their operation, wreaked havoc on processing and reporting sales by the end of June. The large publicly traded auto dealers, including […]
Energy News Beat Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast fleet of nuclear power stations, has reportedly scrapped its plans to develop a new design for small […]
Energy News Beat Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28. The inventory change compared with an inventory build of 3.6 million barrels estimated for the previous week, when the EIA also saw fuel inventories rising, which weighed on oil prices. […]
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.
