Energy transition
The US Department of Energy said it is making available $171.5 million to support field-scale tests for geothermal electricity generation and exploration drilling.
The organization has launched Industrial Services in an effort to support growing energy and infrastructure markets.
Spanish company Moeve has teamed up with Masdar and Enalter on the first phase of the Andalusian Green Hydrogen Valley, which aims to supply renewable fuels to hard-to-abate sectors.
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With the world transitioning to a lower-carbon future, oil and gas firms face a conundrum: Should they stay in the oil patch or head for greener pastures? -
The EU sees the tightening requirements for gas investments, along with the cancellation of planned gas projects, as being in favor of renewables.
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The duo plans to launch projects that will lead to commercialization of applications and products, initially focusing on solid oxide fuel cell technology and lightweight gas-turbine technology.
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Green hydrogen is currently dominating the energy transition conversation. But will it dominate the future market for clean energy?
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As our industry continues to adapt and evolve to meet the changing needs of our fast-moving world, we see a sizable and growing prize for those who are willing to work and think differently, challenge traditional approaches, forge new working relationships, and act boldly.
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The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.
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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.
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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.
