Energy News Beat Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91. Crude oil further confirmed the recent swing low of $70.91 as support. On Tuesday, crude triggered a continuation of the rally from that low, reaching a new high of $73.99 for the bounce. Strength […]
Energy News Beat While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now processing a record 654,000 barrels per day—officially making it the largest refinery in the United States above Exxon’s Beaumont and Marathon’s Galveston […]
Energy News Beat What if the American president’s seemingly outlandish claims on serve a higher purpose? In a world caught between ecological limits and technological ambition, the revival of the long-dormant vision of the Technate suggests that America’s future may be shaped not by traditional geopolitics but by the pursuit of industrial autarky, resource control, […]
Energy News Beat [[{“value”:” Slovakia’s Robert Fico seeks full disclosure of US funding to organizations undermining his government Prime Minister Robert Fico has formally requested that Elon Musk, head of the US Department of Government Efficiency (DOGE), disclose detailed information about American grants allocated to Slovak non-governmental organizations (NGOs) and media outlets through Washington’s main […]
Energy News Beat Lithuania, Latvia and Estonia recently disconnected from a transmission network that linked them to Russia and Belarus Electricity prices in the Baltic region have nearly doubled since Estonia, Latvia, and Lithuania disconnected from Russia’s electricity transmission grid last week, trading data from Nord Pool showed on Wednesday. The network that the three […]
Energy News Beat The billionaire has blasted bureaucracy as an “unelected, unconstitutional fourth branch of government” President Donald Trump has signed an executive order mandating US federal agencies to implement workforce reductions and efficiency measures outlined by the Department of Government Efficiency (DOGE), led by Elon Musk. Signed on February 11, 2025, the order directs […]
Energy News Beat India’s natural gas demand is forecast to increase by nearly 60 percent by 2030, doubling the country’s need for liquefied natural gas (LNG) imports, according to a new report by the International Energy Agency. The report shows the country’s gas consumption is set to reach 103 billion cubic meters (bcm) annually by […]
Energy News Beat Novatek reported a profit attributable to shareholders of 493.5 billion roubles in 2024, a rise of 6.6 percent compared to 463 billion rubles in 2023. The company logged a net profit of about 463 billion roubles in 2023, while it did not publish its financial results in 2022. Novatek reported a profit attributable to shareholders […]
Energy News Beat Energy Transfer’s Lake Charles LNG project seeks to convert its existing regasification terminal to an LNG export facility. It has a proposed liquefaction capacity of 16.45 mtpa and includes three trains and also modifications to the Trunkline Gas pipeline. In December 2024, Energy Transfer’s unit entered into a 20-year LNG sale and […]
Energy News Beat State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 percent share. In November 2024, Japan’s Chiyoda and US-based CB&I reached a deal with Golden Pass LNG […]
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.
