Energy News Beat LNG giant Shell is expecting “significantly” higher trading and optimization results for its integrated gas business in the fourth quarter of 2023 compared to the previous quarter. The UK-based firm revealed this in its fourth-quarter update note on Monday. According to Shell, trading and optimization results for integrated gas are expected to […]
Energy News Beat Community solar is inherently a way to expand equity in solar access, as advocates describe it, since it makes clean energy and savings accessible to people who lack the capital or the space to install their own arrays. The Inflation Reduction Act has the potential to drive a boom in community […]
Energy News Beat Saudi Arabia’s move is aimed at supporting the market amid a seasonal drop in demand. Major oil producer Saudi Arabia has cut the February price of crude for buyers in all regions, Reuters and Bloomberg reported on Sunday, citing a company statement. According to the reports, state producer Saudi Aramco has slashed […]
Energy News Beat Some are hot, some are cold. And a special look at employment in oil & gas drilling and in mining. By Wolf Richter for WOLF STREET. in the jobs data for December on Friday, we saw what we’d expect from an economy that is plugging along just fine, and we saw that wage increases have […]
Energy News Beat Texas leads the nation in clean and renewable energy production, and it’s largely due to its geography, federal energy subsidies, deregulated energy market and state-run energy grid. Texas is one the leading US energy producers — and renewables are a big reason why. Traditionally considered to be “oil country,” Texas continues to have a […]
Energy News Beat Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with BP went into overdrive in the City. US firm Chevron, which bought competitor Hess for £42bn last […]
Energy News Beat Minerals Deal Evaluation: A Comprehensive Guide and Live Analysis Michael and Stu take a look at a Minerals deal and analyze the asking price, and show how fast you can look at a minerals deal. A shout out to EnergyNet, an acquisition and divestment platform for the land energy industry. https://www.energynet.com/ We […]
Energy News Beat Southwestern Energy SWN 7.34%increase; green up pointing triangle and Chesapeake Energy CHK 2.91%increase; green up pointing triangle are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S. A deal could come together as soon as next week, according to people familiar with the situation, […]
Energy News Beat (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 the US Northeast. In less than five months, it’s slated to shut forever. The Everett gas import plant near Boston is at risk of closing in […]
Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 January 1 marks the beginning of California’s mandate that all new trucks registered must be powered by batteries or hydrogen. 2 The rule will cover some 1.8 million trucks, as California has the largest fleet in the nation. 3 Electric trucks cost 50 […]
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.
