Energy Transition Feed

The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.

The company said that quitting its solar and onshore wind power generation projects in Brazil is part of a "portfolio adjustment."

The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.

Industry leaders say they believe oil and gas will continue to play a pivotal role in the energy mix in the lengthening energy transition timeline.

Experts speaking at CERAWeek 2025 lauded industry's shift from focusing on the energy transition to prioritizing oil production.

The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.

This article kicks off a Q&A series from the SPE Research and Development Technical Section, focusing on emerging energy technologies. In this piece, Amy Bason of the Oil and Gas Climate Initiative highlights decarbonization efforts in global transportation.

This study highlights how the recovery and reuse of existing hydrocarbon infrastructure can contribute to the diffusion of district-heating projects that implement the principles of the circular economy.

The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.

A recent report from Wood Mackenzie highlights the role of natural gas in supporting renewables and reducing emissions.

Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.

Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.

Wood Mackenzie reports that prices would need to rise, capital discipline would need to evolve, and spending would need to increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario.

The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.

GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.

The upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.

SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.

Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.

This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.

Hot rock is found worldwide, but the methods used to generate energy from it vary.

The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.

Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.

Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.

The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.

Undergraduate education in petroleum engineering has survived the latest downturn in the industry, and enrollment has started to show an uptick in numbers. However, a different trend is evident in graduate training and academic research: the number of researchers being trained in oil and gas topics is drastically dropping.

What we’ve learned about faster drilling in oil and gas applied just as well to geothermal development—until we reached The Geysers.

With finite oil reserves, infinite innovation will allow the Permian to endure.

DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.

We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.

The SPE Europe Energy GeoHackathon aims at educating and disseminating knowledge to all the participants on how data science applications can support geothermal energy developments and drive the energy transition. Boot camps begin 21 October.