US Department of Energy

The US Department of Energy said it is making available $171.5 million to support field-scale tests for geothermal electricity generation and exploration drilling.

From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.

Major increases in hydrocarbon production require both incremental and revolutionary technologies, industry leaders said during the SPE Hydraulic Fracturing Technology Conference.

US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.

The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.

The US Department of Energy announced a $625 million investment to expand America’s coal industry, aiming to increase energy production and support coal communities.

A 15-year SPE member, he will oversee the Office of Fossil Energy and the National Energy Technology Laboratory, managing a $5-billion R&D portfolio spanning coal, oil, natural gas, and critical minerals with the goal of advancing affordable and reliable energy solutions.

The massive system brings advanced capabilities for simulation, AI, and data analysis to drive breakthroughs in cancer research, materials discovery, energy technologies, and many other fields.

Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.

The funding, aimed to help small operators, builds on nearly 100 cross-government actions designed to sharply reduce methane pollution.