Energy News Beat State lawmakers voted for major cuts in greenhouse-gas emissions and massive buildouts of wind turbines, solar panels, power lines and batteries by 2030 without knowing how it would work, let alone what it would cost. The 2019 bill, the Climate Leadership and Community Protection Act, essentially wrote Gov. Andrew Cuomo’s executive branch a blank check, allowing […]
Energy News Beat Leaked documents from the emails of Russian politicians show that the Kremlin, through Russian and Belarusian companies, had full control over the construction of the Turkish Stream gas pipeline through Bulgaria from 2019-2021, despite then-Prime Minister Boyko Borisov’s claims that the project was under the Bulgarian government’s control, Capital reported. Capital […]
Energy News Beat NEW YORK, March 13 (Reuters) – Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. gasoline stocks and potential supply disruptions after Ukrainian attacks on Russian refineries. Brent futures rose $2.11, or 2.6%, to settle at $84.03 […]
Energy News Beat EuropeOffshore Equinor Norwegian energy giant Equinor has extended contracts for drilling services on the Norwegian Continental Shelf with KCA Deutag, Odfjell Technology, and Archer. The initial contracts with the trio were signed in 2018 with three option periods of two years. The first two-year option was exercised in 2022. Equinor said that […]
Energy News Beat The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said The BRICS economic group will keep its current name despite the bloc’s expansion, a top Russian diplomat has said. BRICS is a recognizable brand and a “trademark,” according to Deputy […]
Energy News Beat 14 Mar, 2024 10:17 HomeRussia & FSU Ukrainian forces dropped a bomb near diesel tanks located at Russia’s Zaporozhye nuclear power plant, management at the facility reported on Thursday. In a video published on social media, plant director Yury Chernuk pointed to a crater in the ground, which he said had been […]
Energy News Beat Libra Group Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s leasing portfolio includes an order of six Jones Act-compliant barges, which are currently under construction. It also has a platform supply vessel (PSV) under bareboat charter to ThayerMahan. Joshua Lubarsky, […]
Energy News Beat “It seems unlikely that yields are going to go back to being as low as they were before the pandemic”: Yellen. By Wolf Richter for WOLF STREET. By now everyone sort of knows that inflation has been re-heating in a very disconcerting way for months, and that the inflation saga is far from over. There […]
Energy News Beat Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace […]
Energy News Beat The other day, I joined Nick Halaris on his podcast, The Nick Halaris Show, and we talked for quite a while about all kinds stuff. Here are two snippets, both less than 1 minute, to whet your appetite. Some of it was quite personal — including the first snippet here. The whole […]
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.
