Energy transition
The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
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Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure. -
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
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Fervo Energy and Vallourec have signed a 5‑year supply agreement to support large‑scale deployment of next‑generation geothermal across the US, establishing a fully domestic supply chain for geothermal well components.
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OTC Asia 2026 kicked off on 31 March, hosted by Petronas, uniting global energy leaders, innovators, policymakers, and industry professionals. The event features strategic dialogues on energy trends, panels, and technical sessions on cutting-edge offshore technologies, and an expansive exhibition spotlighting advanced upstream solutions, digitalization, low-carbon app…
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The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.
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SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
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Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.
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Your SPE GTTS community is now available, anytime, anywhere. Explore events, news, and technical content on the new platform and app.
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Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.
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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.
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