Energy transition
SPE member Sliviu Livescu has been chosen to receive the award in recognition of his groundbreaking contributions to next-generation, low-enthalpy geothermal energy systems, which are enabling widespread, cost-effective building heating and cooling solutions.
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
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A new paper warns that meeting emission reduction targets in the top US oil basin will require a fourfold increase in available grid electricity.
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Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.
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In the world of wind, Equinor has postponed its initiative indefinitely while Repsol moves ahead in Italy, and Portugal plans to auction offshore leases for wind farms.
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The innovations in the carbon removal space are gaining attention for their potential to curb global climate change, but they each face particular challenges in implementation.
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No one expected the transition to be without hiccups, and recently, those hiccups have been heard within and outside the oil and gas industry.
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A look at recent first‑quarter results reminds us that there is no such thing as a constant trend in our industry. Continual recalibration of companies’ activities aim to obtain positive financial results in the traditional oil and gas business while devoting efforts in a practical way to both mitigate climate change issues and to develop new forms of energy.
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The state’s clean energy boom could be impeded by Texas leaders’ push for legislation that would boost natural gas and place new restrictions on wind and solar projects.
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The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market.
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Premier Corex and Teverra will be combining their efforts to aggregate data for companies involved in large-scale geothermal projects.
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SPE Journal has issued a call for papers for the 11th Comparative Solution Project (CSP) Special Issue. Organized by guest editors Anthony Kovscek (Stanford University) and Knut-Andreas Lie (SINTEF), submissions that are both directly and indirectly related to the 11th CSP will be accepted.