Energy News Beat Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is stalling amid weak demand from consumers. The car-rental company said it expects to book $245 million in charges in the fourth […]
Energy News Beat Offshore staff PENRYN, UK — HydroWing has opened a new office at the M-SParc science park on the island of Anglesey in North Wales to support development of its Morlais tidal stream energy project. Under the UK government’s latest contracts for difference bid round, the company secured an allocation for a 10-MW development. […]
Energy News Beat PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into service around 2028. The nation’s largest regional transmission organization (RTO) on Jan. 10 said it informed Talen that the deactivation of Units […]
Energy News Beat The latest example of pointless virtue-signaling, intended to help ‘save the planet’, has shown itself to be inadequate for its intended role. The 53 Class 777 units, built by Stadler Rail in Switzerland & Poland (because all the British locomotive manufacturers have long since gone out of business from lack of orders), […]
Energy News Beat The electrification of heating is a hot topic: the idea is that heat pumps are going to save the planet, make American homes more efficient and save American households money. Plenty of people agree since heat pumps are selling like hot cakes, but does this all boil down to something worthwhile or […]
Energy News Beat Portuguese oil and gas company Galp has announced the discovery of light oil at the Mopane-1X well offshore Namibia, bringing the total number of oil and gas discoveries to six since 2022. Namibia has reached another milestone in its exploration journey, with Portuguese multinational energy corporation Galp announcing the discovery of light […]
Energy News Beat A study of clean energy alternatives led by the Pueblo Innovative Energy Solutions Advisory Committee (PIESAC) found that only advanced nuclear could make the community “whole” from the losses it will suffer from the closure of the last unit at the Comanche coal-fired power plant in Pueblo, Colorado, while ensuring a just […]
Energy News Beat LAUNCESTON, Australia, Jan 11 (Reuters) – China’s status as the colossus of renewable energy is set to be cemented in the next five years, with the world’s second-biggest economy adding more capacity than the rest of globe combined. The International Energy Agency said in its Renewables 2023 report, released on Thursday, that […]
Energy News Beat There is more demand of U.S. natural gas now and it is expected to growth more by 2025, said Williams Companies (WMB) CEO Alan Armstrong. The Henry Hub Natural Gas Spot Price reached $8.81 per million Btu in August 2022, but last year prices declined about 60% and moved down below the […]
Energy News Beat Wind farms will cause more environmental impact than previously thought When it comes to energy production, there’s no such thing as a free lunch, unfortunately. As the world begins its large-scale transition toward low-carbon energy sources, it is vital that the pros and cons of each type are well understood and the […]
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.
