The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
With the startup of South Ghawar field complete, the Saudi national oil company can look toward the commercialization of its tight-gas giant, Jafurah.
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