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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Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day. -
The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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Glenfarne Energy Transition’s Texas LNG liquefaction plant will be built in the Port of Brownsville, Texas.
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An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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A gold strike was announced in October. But in this case the gold was naturally occurring hydrogen in a former coal basin in France.
