Energy transition
The US Department of the Interior has launched emergency permitting rules to accelerate geothermal energy development, citing national security and energy dominance goals. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks.
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Altitude Energy Partners optimized drilling efficiency by minimizing dysfunctions and protecting downhole components. Their directional drilling team ensured consistent curves and laterals through precise BHA design, modeling, and trajectory control—reducing nonproductive time and drilling costs, and achieving a 100% improvement in efficiency by pad completion.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
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A proprietary direct lithium extraction technology proposes using electrodialysis to produce lithium, green hydrogen, and fresh water from geothermal brines while repurposing oil and gas infrastructure. Meanwhile, new research reveals that deepsea polymetallic nodules generate oxygen through electrochemical processes at depths of up to 13,000 ft and may also hold valu… -
Aramco’s investment pivot to gas aims to propel Saudi Arabia into the top tier of gas producers and LNG players globally by 2030.
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Inpex’s investments in wind, solar, and battery storage through 2030 will also support decarbonization at the Ichthys natural gas and LNG project in northern Australia.
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The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
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A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
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BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.
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SponsoredTAQA bears the burden of reducing carbon emissions from the fossil fuel energy cycle and pays its undivided attention to decarbonizing its operations. In this article, it sheds light on its initiatives and approach to decarbonizing the oil and gas exploration and production industry.
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Government grants and tax incentives will drive carbon capture, storage, and/or utilization projects in the next decade as the industry seeks profitable business model.
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Houston-based enhanced geothermal systems pioneer uses fracturing and other oil and gas technologies to stabilize power grids with zero-carbon renewable energy that doesn’t depend on the weather.
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The 2-day event hosted in Turin, Italy, provided a common platform across various disciplines, spotlighting the notable scientific and technical advancements in the energy transition.
