renewable energy

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.

The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.

This year’s outlook contains scenarios that suggest peak demand has already arrived because of a global pandemic and an accelerating energy transition.

The new geothermal project development company will offer expertise in subsurface and drilling, project development, and risk mitigation.

The Report “Transition Faster Together: Renewable Solutions, Strategies, and Policies for a Clean Energy Future” outlines focus areas to stimulate the generation of renewable energy and reduce carbon dioxide emissions.

Zap Energy will use Chevron’s investment to develop its technology, a next-generation modular nuclear reactor with an aim toward cost-effective, flexible, and commercially scalable fusion.

Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding.

Nearly 90% of geothermal capacity built since 2000 is binary cycle.

The 10,000 mirrors arrayed around the Crescent Dunes Solar Energy plant are striking and seem to suggest the concept is on a path to efficient and reliable renewable energy. But, recently, the plant’s operator threw in the towel and filed for Chapter 11 bankruptcy protection. So, what went wrong?

Four Equinor insiders are short-listed to succeed the current chief executive who is expected to step down from the Norwegian oil and gas company later this year.