geothermal energy

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.

Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.

National oil companies and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives.

Registration is open for the SPE Europe Energy GeoHackathon, which will be held in October and November. It will be preceded by 4-week online bootcamp sessions on data science and geothermal energy, which will begin on 2 October.

The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.

Advantages for conversion of nonactive oil and gas wells to geothermal wells include deferred plugging and abandonment costs, safety and environmental concerns, and potential energy production.

This inaugural event will take place 22–23 August in Houston.

In an assessment of efforts to meet a key Paris accord target, the International Renewable Energy Agency said the energy transition was currently "off-track."

SPE’s professional membership has an important role to play in mitigating climate change concerns and in developing new low- or no-carbon sources of energy. We offer a forum for presenting and disseminating scientifically vetted technical information about what can be and is being done by our members.

Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.