Energy transition
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
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 designs to have secured at least one source of funding or a funding commitment.
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A variety of SPE resources and others are available to bring you up to speed on geothermal energy. Bob Pearson, SPE Technical Director of Projects, Facilities, and Construction, highlights several to get you started. -
Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.
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Trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of newsmakers is a sampler of some recent announcements.
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Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.
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As clean energy technology gains ground, a new energy security concern is taking center stage. Where once national security officials watched oil supplies, they are now tracking the production of minerals such as cobalt, indium, and neodymium used in the manufacturing of batteries, solar panels, and wind turbines.
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The NeoLith pilot plant is on track to begin operations before the end of the year.
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Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.
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Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies.
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Understanding the impact of oil and gas operations and embracing transparency around data better equips companies to take transformative action and “bounce forward” rather than back. The increased speed in realizing actual value delivers benefits to the bottom line, now and in the energy future.
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Calgary-based Eavor Technologies has raised $40 million to build out geothermal systems that use horizontal-drilling technology and may someday give abandoned oil and gas fields a second act.
