Energy News Beat Santos said on Thursday the long-term SPA will supply between 0.35 and 0.4 million tonnes per annum of LNG at plateau. The contract term is 12 years, commencing in 2032 on delivered ex-ship (DES) terms. Santos managing director and CEO Kevin Gallagher said the contract is consistent with Santos’ strategy of maintaining […]
Energy News Beat California’s EV mandate faces failure as sales lag, power shortages persist, and budget deficits undermine its unrealistic green goals. California Gov. Gavin Newsom’s electric vehicle (EV) mandate is set to fail, as sales of EVs even in his deep-blue state lag far behind the level necessary to reach 100% of the passenger […]
Energy News Beat Biden admin is racing to spend big bucks on green heavy-duty vehicles, including electric school buses, before Trump returns to power. The lame-duck Biden administration announced Wednesday that it is moving to spend $735 million on green heavy-duty vehicles, including hundreds of millions on green school buses, in its final days. [emphasis, […]
Energy News Beat Lithium-ion batteries powering green tech pose health and environmental risks due to PFAS, flame retardants, and harmful chemicals in production and disposal. Lithium-ion batteries are a linchpin of the clean energy transition. They power electric vehicles and allow us to harness wind and solar power even when the sun isn’t shining or […]
Energy News Beat Rosneft will reportedly supply nearly 500,000 barrels of oil per day to Indian private refiner Reliance Russia’s state energy giant Rosneft has agreed to supply nearly 500,000 barrels per day of various crude grades to Indian private refiner Reliance, Reuters reported on Thursday, citing its sources. Worth roughly $13 billion a year […]
Energy News Beat Moldova’s parliament voted early on Friday (13 December) to impose a national state of emergency for 60 days starting on 16 December due to an expected cut-off of Russian gas supplies from 1 January. Fifty-six members in the 101-seat chamber backed the measure in the vote just after midnight following Prime […]
Energy News Beat The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 27 LNG vessels is 102 Bcf. This compares to 26 shipments and 98 Bcf in the week ending December 4. According to data from S&P Global Commodity Insights, average natural gas deliveries […]
Energy News Beat London-based Watson Farley & Williams (WFW), who advised Honduras-based Genesis Energias on the chartering of Knutsen’s LNG carrier Bilbao Knutsen, revealed the deal in a statement on Thursday. WFW said the 2004-built LNG carrier shall be used as an LNG floating storage unit for the loading, storage, and discharging of LNG as […]
Energy News Beat Data from the Directorate General of Customs shows that the country received 19.72 million tonnes of LNG during the period. This is up by 8.1 percent year-on-year compared to 18.24 million mt in January-November last year. The data shows that most of these LNG supplies came from Australia (7.32 million mt), Qatar […]
Energy News Beat 19 Metros below 2022 peaks: Austin -22%, San Francisco -10%, Phoenix -9%, San Antonio -8%, Denver -7%, Salt Lake City -6%, Sacramento -6%, Portland -6%, Dallas -6%, Seattle -5%, Honolulu -5%… By Wolf Richter for WOLF STREET. The dynamics in the housing market are now sort of messy: The lowest demand for existing homes since 1995 […]
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.
