Energy News Beat A US-China clash over the self-ruled island would cost the world some $10trn, the business news outlet estimates If the US and China were to have a military showdown over the island of Taiwan, the global GDP would plummet 10.2% in one year, or roughly $10 trillion, Bloomberg’s modeling predicts. The business […]
Energy News Beat Daily Standup Top Stories Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 January 8, 2024 Mariel Alumit Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand […]
Energy News Beat ENERGY TRANSITION EPISODE #93 – GREEN SUBSIDIES Highlights of the podcast: 01:25 – The Financial Times 02:21 – The science was settled on climate change 04:05 – The price is a decline in industrial output in industrial activity 05:42 – The attack is on all cars. 07:14 – 8000 projects trying to […]
Energy News Beat Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc’s footprint in the Global South and growing its economic and political clout on the world stage, establishing a real counterweight to the Western-dominated G7. In August, the […]
Energy News Beat Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 will remain above the longer-term average. The analysts have predicted that global monthly demand will move above […]
Energy News Beat Daily Standup Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits […]
Energy News Beat Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers. In September, U.S. oil output surged to a record high for any month in history, and forecasts are that production will continue […]
Energy News Beat European Union regulations obligated banks to increase loans and bonds for environmentally friendly industries, leading to a boost in green financing. Banks like Credit Agricole are voluntarily shifting away from financing oil and gas projects, aligning with sustainable investment trends. The U.S. is experiencing slower sustainable financing growth due to political resistance, […]
Energy News Beat PARIS, Jan 7 (Reuters) – France requires more than the six new nuclear plants currently planned and possibly needs to build more than 14 new plants, its energy minister said, just days before a parliamentary debate begins on the issue. Speaking to weekly newspaper La Tribune Dimanche, Energy Transition Minister Agnes Pannier-Runacher […]
Energy News Beat ROME — The balance between offense and defense in war swings back-and-forth, often depending on who has the best kit. But on the seabed’s battlefield, the aggressors are currently very much in charge. In October, all it reportedly took was an anchor, dragged along the seabed for about 112 miles by a Chinese […]
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.
