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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It seems obvious that to manage the reduction of methane emissions an operator needs to measure the emissions, report them accurately, and then take action to mitigate them. But what might seem obvious gets tricky: Just what matters, and how can an operator efficiently and accurately measure those factors?
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Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
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For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
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Regarding the long-term risks to our industry and a decreasing role of oil and gas in the energy transition in the future, I see an opportunity for companies to expand into new business segments and our members into new career opportunities.
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Recent events serve as a stark reminder that nations must ensure they have broad access to hydrocarbons and protect their power grids as they venture forward in the energy transition.
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Exxon sets its sights on zero, while Thyssenkrupp aims squarely at hydrogen. The wind blows the world over, and the struggle to grab carbon and put it back in the ground continues. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.
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Grants have been offered to four separate pilot-style projects in order to test the geothermal potential of old oil and gas wells.
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The owner of a hydroelectric power plant has created a cottage industry for local crypto miners in Costa Rica where electricity is in surplus and the power that is produced is all green.
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You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets.