energy transition

Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.

A company plans to use compressed air to store energy underground in California. The US Postal Service makes a historic announcement. India and Brazil set their sights on green hydrogen, and ammonia cracking takes center stage in Germany.

Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.

Andy Wood, subsurface manager at CeraPhi Energy, shares the latest developments in the geothermal energy industry and how young professionals can make a difference in the industry.

The US/UAE Partnership for Accelerating Clean Energy (PACE) is set to catalyze $100 billion in financing, investment, and other support and to deploy globally 100 GW of clean energy by 2035 to advance the energy transition and maximize climate benefits.

Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.

Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition.

Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.

This paper presents a summary of the results of a study of the potential for repurposing legacy oil and gas facilities in the Gulf of Mexico for uses in a blue economy.

The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.