Energy transition
The oilfield service company will supply power plants capable of electrifying 180,000 US homes with geothermal energy.
The fifth edition of the SPE Europe Energy GeoHackathon, beginning on 1 October, focuses on how data science can advance geothermal energy and drive the energy transition.
Big oil companies are backing direct lithium extraction while the market flashes warning signs.
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Using CO2 as the geothermal power fluid to generate electricity from low-temperature abandoned hydrocarbon wells can help reduce well costs and optimize energy production. In this paper, a previously developed coupled well/reservoir model is extended to study the effects of fluid properties on thermal output. -
As the world tries to shift to renewable energy, the war in Ukraine has underscored the struggle for the minerals and metals required. The conflict illustrates that nations that pursue net-zero strategies will have to contend and account for “greenwalls,” energy-transition deterrents created by crises or geopolitical events.
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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.
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Energy transition in the UK will require absolute commitment to projects and deadlines. A slower pace of the development of energy transition projects will be less able to support the supply-chain critical mass so essential to reaching net zero.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
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Plenary panelists at URTeC offer possibilities as society looks to bridge today’s reality of hydrocarbon usage with tomorrow’s promise of carbon-free energy.
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Petroleum industry engineering and geoscience professionals must evolve both to meet the challenges of the energy transition and to continue to provide the feedstock for hydrocarbon-based products needed for a stable and robust economy. Petroleum engineering schools and geoscience programs have the opportunity to expand education and equip people with the critical exp…
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Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil.
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TotalEnergies has purchased a 25% stake in India’s Adani New Industries Ltd., creating a partnership to produce and commercialize green hydrogen globally.
