Energy transition
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
2025 has seen an 81% year-on-year rise in the number of small modular reactor (SMR) designs to have secured at least one source of funding or a funding commitment.
The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
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The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity. -
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.
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The latest signs that momentum is building in the geothermal space include military bases.
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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.
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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.
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The US supermajor aims to speed the commercialization of a new liquid solvent that strips carbon dioxide from industrial flue gas.
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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.
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Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.
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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.
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The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
