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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The Norwegian energy company and the French utility say jointly developing low-carbon hydrogen will pave the way to achieving net-zero emissions in 2050. -
Canada has several strategic advantages that can support a robust hydrogen industry. These include both carbon-based and renewable resources for producing hydrogen, a skilled energy sector, strategic infrastructure, and a history of being a global leader in the hydrogen and fuel-cell market.
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The gas industry on both sides of the Atlantic is moving to create markets and infrastructure in Europe in anticipation of promoting blue hydrogen, derived from natural gas, as a transition fuel to support EU goals of achieving net-zero emissions by 2050.
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After a lot of talk of the transition, BP and Total are making bids to become major wind energy producers in the UK. Meanwhile, NOV said the offshore wind sector is becoming a big business for it too.
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The International Energy Agency is launching a global commission to address the effects on employment and society from the transition to renewable energy from fossil fuels, it said. The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico, and Oman. It will also include US energy officials, as Washington shifts course under Preside…
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Utah FORGE has completed the first highly deviated, deep geothermal well to target depth and at planned trajectory, 60 days ahead of schedule.
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The energy transition is accelerating faster than any market observers have anticipated. Here, we highlight six opportunities in the oil and gas sector for oil and gas engineers to work on a cleaner future.
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The company will focus on renewables projects such as offshore wind farms and solar farms, gas solutions, production assets, and new energy solutions such as hydrogen and tidal energy.
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A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer.
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With such uses as tracking the source of renewable energy and changing the relationship between how energy is produced and consumed, blockchain has the potential to transform the way companies collaborate and interact to accelerate the development of low-carbon energy.
