Energy transition

The US/UAE Partnership for Accelerating Clean Energy (PACE) is set to catalyze $100 billion in financing, investment, and other support and to deploy globally 100 GW of clean energy by 2035 to advance the energy transition and maximize climate benefits.

In following some of the upstream industry's other big firms, the legacy oilfield service company believes the time for a change has come.

Occidental Petroleum is considered one of the upstream industry’s most dynamic companies after making major investments to boost oil and gas production while also scaling up low-carbon technologies.

Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…

Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.

Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition.

Geothermal energy has the potential to play a significant role in Japan's energy transition.

A hydrogen storage study, a new pilot in San Diego, and a UK boost lead the energy transition charge along with a new offshore wind project, marketplace for solar procurement, and fresh funds earmarked for emissions reduction.

Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.

The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.