Energy News Beat The US banking giant Citigroup has announced plans to cut up to 20,000 jobs after reporting a steep quarterly loss of $1.8 billion for the last three months of 2023 – its worst in 15 years. The multinational said on Friday that the disappointing result was due to $4 billion of charges […]
Energy News Beat Turnover with Brazil nearly doubled in December as the South American country ramped up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week. Turnover between the countries nearly […]
Energy News Beat Oil and Gas 360 HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced it has entered into a definitive agreement to acquire the assets of Nickel Road Operating LLC (“NRO”) for a total consideration of $94.5 million, subject to certain closing price adjustments […]
Energy News Beat Investing LONDON – Oil prices climbed about 3% on Friday, as some tankers diverted course from the Red Sea following overnight air and sea strikes by the United States and Britain on Houthi targets in Yemen after attacks on shipping by the Iran-backed group. Witnesses in Yemen confirmed explosions throughout the country. […]
Energy News Beat Workers in China, Russia, and Mexico saw their inflation-adjusted earnings rise in 2023, a new report reveals Only three countries in the G20 saw real wages grow last year, a new report by a UN agency released this week has revealed. China, Russia and Mexico were the only leading economies that enjoyed […]
Energy News Beat The ambassador to New Delhi calls on businesses to explore further opportunities in Russia Russia-India trade reached a record $50 billion in 2023, but the two countries should aim for a more even balance in their economic ties, Moscow’s ambassador to New Delhi said this week. Denis Alipov raised the issue at […]
Energy News Beat Houthi attacks from Yemen on commercial vessels in the Red Sea and Gulf have generated major disruption across key shipping artery The cost of transporting cargo through the Red Sea and the Suez Canal, a major waterway for global shipping, have surged over 300% since November, amid Houthi attacks on commercial vessels […]
Energy News Beat The Biden administration has announced a $9 million grant to Alaska researchers to study a project that could capture carbon emissions from a big new coal-fired power plant and inject them in a depleted natural gas field not far from Anchorage. The University of Alaska Fairbanks would lead the research into what’s known as […]
Energy News Beat I am working on several stories about the issues with the potential threats to our national grid. This potential terrorist attack has been planned for years and has been made possible by the current administration’s energy and border policies. The Biden Administration curtailed an executive order from President Trump that was put […]
Energy News BeatRussia has shown true resilience by not bowing to foreign pressure, President Vladimir Putin said on Wednesday. He stated that Russia is a “self-sufficient country,” whose economy is growing despite the sanctions, while EU member states are living through “difficult times.” The president made his remarks during a meeting with residents of Russia’s […]
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.
