US
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The decision invokes a 1953 law that will make it difficult for incoming US President Donald Trump to reverse. -
Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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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.
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New and evolving artificial lift technology is helping operators improve production rates.
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Stable policies and economics that encourage development are critical for scaling carbon capture.
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Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
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The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.
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An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
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The US has had a lackluster response to the emergence of the technology, currently lacking any comprehensive roadmap for adoption, which translates into a low adoption rate.
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The Bipartisan Infrastructure Law will be used to distribute $7 billion to the seven projects across the country.
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