Energy transition

Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.

The latest signs that momentum is building in the geothermal space include military bases.

The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.

Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse-gas emissions, the fourth-largest US bank said in a climate report.

Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.

The US supermajor aims to speed the commercialization of a new liquid solvent that strips carbon dioxide from industrial flue gas.

The challenges that geothermal energy faces to become a leading player in the net-zero world are well within the areas of expertise of the SPE community, ranging from rapid technology implementation and learning-by-doing to assure competitiveness to establishing suitable funding mechanisms to secure access to capital.

Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.

Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.

The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.