O&G
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Hybrid Power
Solar Developer Has Plan to Turn Oil Wells Into Energy Storage
A California developer of concentrated solar power (CSP) systems has announced an innovation that it says combines the company’s technologies to turn existing oil wells into energy storage sites that can provide clean energy. Hyperlight Energy on Feb. 24 said it was launching Tectonic Sun, an electricity generation technology that when paired with the company’s […]
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Gas
Overcoming the Top Three Hurdles to Eliminate Flaring
Despite exacting a heavy environmental and financial toll, routine flaring remains a persistent practice in the oil and gas sector. This gas could be captured and used for productive purposes, but a lot of it simply isn’t. While flaring levels are down 5% from 2019, this is still a huge amount—142 billion m3/yr in fact. […]
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Commentary
The Infrastructure Law Can Help America Catch China in the Clean Energy Race
President Biden’s signature infrastructure law aims to, among other objectives, propel America forward in transitioning to a clean energy economy. If its proposals are executed properly, I’m confident that it will succeed in that goal. The new law will help the U.S. catch up to countries like China, who have been beating America in the race […]
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Workforce
Energy Transition Outlook
As the energy sector transforms and innovates into a decarbonized, digitalized industry, it is crucial that talent pools are available with the right balance of skills and experience to deliver the projects and operations needed for a brighter tomorrow. NES Fircroft, a staffing company dedicated to providing the skilled engineers and technical workforce needed to […]
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Renewables
Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture
Although you’d be hard-pressed to find an expert who believes oil and gas companies will abandon exploration and production operations anytime soon, several oil and gas majors are expanding their businesses
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Gas
Energy Deals Shift to Renewables and U.S. Shale Bargains
At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]
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Press Releases
Chevron and Algonquin Announce Agreement to Co-develop Renewable Power Projects
Chevron seeks to source more than 500 megawatts of renewable electricity for its operations OAKVILLE, ON, July 30, 2020 /PRNewswire/ – Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. (“Algonquin”) (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that […]
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