Energy transition
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
The US federal government is working to stymie offshore wind power, but proponents aren’t going quietly. Armed with data, they are taking on a sea of misinformation and hostility to defend the burgeoning resource in the US, while the rest of the world moves ahead briskly.
This paper explores the development of direct-lithium-extraction technologies designed to recover lithium from unconventional feedstocks.
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After a lot of talk of the transition, BP and Total are making bids to become major wind energy producers in the UK. Meanwhile, NOV said the offshore wind sector is becoming a big business for it too.
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The International Energy Agency is launching a global commission to address the effects on employment and society from the transition to renewable energy from fossil fuels, it said. The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico, and Oman. It will also include US energy officials, as Washington shifts course under Preside…
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Utah FORGE has completed the first highly deviated, deep geothermal well to target depth and at planned trajectory, 60 days ahead of schedule.
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The energy transition is accelerating faster than any market observers have anticipated. Here, we highlight six opportunities in the oil and gas sector for oil and gas engineers to work on a cleaner future.
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The company will focus on renewables projects such as offshore wind farms and solar farms, gas solutions, production assets, and new energy solutions such as hydrogen and tidal energy.
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A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer.
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With such uses as tracking the source of renewable energy and changing the relationship between how energy is produced and consumed, blockchain has the potential to transform the way companies collaborate and interact to accelerate the development of low-carbon energy.
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The closing date for the ESP tender for the UK’s first geothermal power plant is in early February.
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Within the race for renewables, oil and gas companies are finding themselves in a proverbial rut as they reassess existing profitable models with future energy transition plans. What adds more difficulty is the question of speed in which companies pursue this conundrum.
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The cutting-edge technological developments in geothermal are devoted to drilling into deeper, hotter, and harder rock. Oil and gas expertise and know-how holds the key to cost reduction.