Energy transition
Fervo Energy and Vallourec have signed a 5‑year supply agreement to support large‑scale deployment of next‑generation geothermal across the US, establishing a fully domestic supply chain for geothermal well components.
OTC Asia 2026 kicked off on 31 March, hosted by Petronas, uniting global energy leaders, innovators, policymakers, and industry professionals. The event features strategic dialogues on energy trends, panels, and technical sessions on cutting-edge offshore technologies, and an expansive exhibition spotlighting advanced upstream solutions, digitalization, low-carbon app…
The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.
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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. -
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.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
