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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High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition. -
The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
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Several options exist for large-scale hydrogen underground storage: lined caverns, salt domes, saline aquifers, and depleted oil/gas reservoirs. In this paper, a commercial reservoir simulator was used to model cyclic injection/withdrawal from saline aquifers and depleted oil/gas reservoirs. The results revealed the need to contain the stored volume with an integrated…
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.
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The large US shale producer has officially entered into the renewable energy sector with its largest venture investment yet.
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The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030.
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Two US test sites have fractured hot, dry rock with plans to create a network of fractures for water heating. They will soon find out if the fractures worked as expected.
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The coupled geomechanical and dynamic flow simulation work flow described in this paper relies on a multidisciplinary approach to meet future peak gas demands and support clean-energy initiatives.
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The technology and knowledge base of the E&P sector is poised to play a major role in the newer, lower-carbon energy economy.
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The industry continues its move toward energy transition, demonstrating different stages among companies. These industry changes are affecting our current and future members, and SPE is working to provide guidance and education to our members through many avenues.
