Energy transition
The startup company’s Midland Basin demonstration plant, located in the Permian Basin, takes a major step toward commercialization by proving its direct lithium extraction technology can refine battery-grade lithium carbonate from produced water under multiple 24/7 production cycles.
The power-purchase agreement (PPA) marks largest enhanced geothermal PPA and is expected to accelerate the delivery of continuous, carbon-free power from the Cape Station GeoCluster in Utah.
With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
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JPT asked several active SPE members about the appeal of petroleum engineering, the significance of the work they do, and what the future may hold. Here are some of their answers. -
When worldwide oil and gas consumption reached record levels yet again in 2017, SPE members were there when it counted, helping to generate more light and power for billions of people across the world.
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In the JPT issue celebrating SPE’s 50th anniversary, John C. Calhoun addressed how distinctive petroleum engineering is from other engineering disciplines.
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BP’s latest annual energy outlook considers many scenarios for the future, and they all require engineers to find a lot more oil to meet high demand.
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SponsoredWhat does it take to succeed in the new energy ecosystem? In this short video, experts including Charles McConnell, former US Assistant Secretary of Energy and Preben Strøm, Managing Director Subsea Valley share their views on why innovation and collaboration are critical. Watch it now.
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Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.
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SponsoredThe oil and gas landscape is changing… Innovation to transform the energy future is a new Guide from ABB which addresses the challenges faced by operators as they embrace a new energy ecosystem and gives advice on how to use digitalization to make the transition.
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Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.
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Geothermal power offers enormous potential—an inexhaustible supply heat to drive huge electric plants around the clock—but that extreme heat can quickly kill conventional hardware, which led to something new.
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Fears of peak oil demand are exaggerated, Saudi Aramco’s CEO says, despite recent headlines that advances in electric vehicles and worries about climate change will lead to a drop in global oil and gas use.
