Energy transition
Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.
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.
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As the company aims to become carbon net zero by 2050, it is undertaking a three-pronged approach focused on transforming its core, investing for growth, and positioning for the future. -
The new geothermal project development company will offer expertise in subsurface and drilling, project development, and risk mitigation.
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The Report “Transition Faster Together: Renewable Solutions, Strategies, and Policies for a Clean Energy Future” outlines focus areas to stimulate the generation of renewable energy and reduce carbon dioxide emissions.
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Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding.
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Nearly 90% of geothermal capacity built since 2000 is binary cycle.
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Supermajor announces actions to achieve net-zero ambition and reshape business. It also noted that it will not seek to explore in countries where it does not already have upstream activities.
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Hydrogen is big news, and not for the first time. But this time could be different. This article looks at the current state of enabling technology, obstacles to a hydrogen economy, and signs that the hydrogen economy could be emerging.
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Oil and gas are not the only things in the ground that can power our lives. Heat in the form of geothermal energy is rapidly taking its place alongside other sources of renewable energy, buoyed by the lessons learned from decades of drilling for oil.
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Around $90 billion, or 40% of the revenue from the top 50 players in the global service market, could potentially be replaced by energy transition projects, such as clean energy infrastructure and renewable energy production development services.
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The goal of the platform is to connect technologies to operators, developers, and end users in the UK oil, gas, and renewable energy sectors and be the catalyst for rapid technology deployment.
