Energy News Beat Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climate-changing gases into the air than it removes, by 2030. But a report from the company Tuesday shows it is nowhere near meeting that goal. Rather than declining, its emissions […]
Energy News Beat The European Commission has issued a positive opinion on the technical and nuclear safety aspects of the project for units 3 and 4 of Romania’s only nuclear power plant, the Romanian Energy Ministry announced on Tuesday. With the Commission’s green light, the plant, managed by the country’s sole nuclear power producer, the […]
Energy News Beat It’s no secret that the vast majority of the so-called elites are advocates of climate alarmism and are taken in by the Green New Scam. Whether this preference is based on ignorance of the science, ideological zeal, a willful desire to hurt American growth or simple greed because of their investments in […]
Energy News Beat 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 nuclear reactors because of fears of soaring costs. EdF, which is now fully government owned after facing potential bankruptcy due to […]
Energy News Beat TAMPA, Fla. — The state of Florida currently has zero windmills operating on land or offshore, and some Republican legislators want to keep it that way. In May, Gov. DeSantis signed HB 1645 into law, going into effect July 1. According to the language of the law, it “Prohibits the construction or expansion of […]
Energy News Beat Peru LNG’s liquefaction plant at Pampa Melchorita has shipped four liquefied natural gas cargoes to the Dutch Gate LNG import terminal in the port of Rotterdam in June, according to the shipment data by state-owned Perupetro. The 174,000-cbm LNGShips Manhattan, which departed the 4.4 mtpa Peru LNG plant on May 31 and […]
Energy News Beat Glenfarne Group’s Texas LNG has signed a new heads of agreement to supply liquefied natural gas from its planned 4 mtpa LNG export terminal in the port of Brownsville. According to a statement by Glenfarne, Texas LNG entered into the deal with a “top-tier credit-rated market participant” for a long-term LNG free-on-board […]
Energy News Beat Daily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab […]
Energy News Beat Services are big, and that one-month outlier was massive, and it drove down Core CPI and overall CPI. By Wolf Richter for WOLF STREET. The Consumer Price Index for May, on a month-to-month basis, was pushed down by the continued sharp drop in durable goods prices, a drop in energy prices, flat food prices, and […]
Energy News Beat Higher for longer becomes formalized one meeting at a time, as projections for “longer-run” federal funds rate keep getting raised. By Wolf Richter for WOLF STREET. FOMC members voted unanimously today to maintain the Fed’s policy rates unchanged, as Fed governors have uniformly telegraphed in their speeches: Federal funds rate target range: 5.25% – 5.5%. […]
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.
