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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While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050. -
Rapid scale-up of CCUS projects is critical to achieving net-zero carbon emissions by 2050.
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Macroeconomic and business risks, investor uncertainty, and the energy transition highlight the challenges outlined in the report.
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The bank funded some €2 billion in projects last year.
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In this video from Bloomberg, Eldar Saetre, chief executive officer and president of Equinor, talks about the company's increased push into the offshore wind power market.
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Wood Mackenzie energy transition experts take on some of the trickiest questions about how to meet the world’s future energy needs while managing climate change.
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Ireland’s decision to end fossil fuel exploration, which was announced by Taoiseach Leo Varadkar at the recent UN climate summit, means the republic is among the first countries in the world to get out of oil and gas production.
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The report reveals there is no single pathway to a decarbonized energy mix. A combination of energy sources—primarily gas and renewables—will be the quickest route to delivering a supply of affordable, decarbonized energy in the lead-up to the midcentury.
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Scientists have discovered a way to extract hydrogen from oil without releasing greenhouse gases—a move they've hailed as a "silver bullet" for climate issues.
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Adoption of digital technologies will continue to improve the offshore sector, including improved well efficiency, real-time directional drilling, lower maintenance costs, and safer operations.
