Energy Transition Feed

OTC Asia 2026 kicked off today, 31 March, hosted by Petronas, uniting global energy leaders, innovators, policymakers, and industry professionals. The event features strategic dialogues on energy trends, panels, and technical sessions on cutting-edge offshore technologies, and an expansive exhibition spotlighting advanced upstream solutions, digitalization, low-carbon…

The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.

SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.

Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.

Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.

The US Department of Energy said it is making available $171.5 million to support field-scale tests for geothermal electricity generation and exploration drilling.

The organization has launched Industrial Services in an effort to support growing energy and infrastructure markets.

Spanish company Moeve has teamed up with Masdar and Enalter on the first phase of the Andalusian Green Hydrogen Valley, which aims to supply renewable fuels to hard-to-abate sectors.

From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.

The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.

The NLR has released its 2025 US Geothermal Market Report, documenting 4 years of industry growth and providing policymakers and stakeholders with an updated overview of the US geothermal market.

The report says the capacity of renewables in the region is set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.

As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.

Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.

Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.

SPE member Silviu Livescu has been chosen to receive the award in recognition of his groundbreaking contributions to next-generation, low-enthalpy geothermal energy systems, which are enabling widespread, cost-effective building heating and cooling solutions.

GeoMap Europe is the latest in a series of interactive global geothermal maps that combine large subsurface and surface data sets to highlight where geothermal resources and development opportunities are strongest for power, heat, cooling, and storage.

The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.

A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.

2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.

The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.

A resilience-based approach to safety was the focus of a panel of experts at the 2025 SPE Annual Technical Conference and Exhibition in Houston.

Industry leaders speaking during the opening plenary session at SPE’s Annual Technical Conference and Exhibition say they are optimistic yet pragmatic about delivering energy amid the energy transition.

APOGCE 2025 set the stage for strategic dialogues on how Asia Pacific’s upstream industry can innovate, invest, and collaborate to meet growing energy demand while advancing net-zero goals.

DNV projects the energy transition will be marginally slower than what it forecast last year, both in terms of emissions and in fossil fuel’s share of primary energy.

The freely accessible online platform is the latest in a series of maps designed to reveal the continent’s untapped geothermal potential.

Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.

The company announced that its geothermal system operated for more than 3,000 hours, which it said validates the technology’s commercial potential.

The supermajor’s Energy Outlook 2025 suggests geopolitical fragmentation could tilt the balance of the energy trilemma toward energy security and away from sustainability.

The oilfield service company will supply power plants capable of electrifying 180,000 US homes with geothermal energy.