oil and gas

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]

The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A critical step toward these goals was congressional passage of the $1 trillion Infrastructure Investment and Jobs Act (IIJA), which President […]

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. […]

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 […]

TotalEnergies, the French oil and gas multinational company formerly known as Total, has bagged deals representing a total $10 billion with the government of Iraq to help the resource-rich country address power shortages. The company said on Sept. 6 that following the agreements with the Iraqi Ministries for oil and electricity and the country’s National […]

Now is the time for oil and gas companies to get involved in renewable energy. Fossil fuels provide the bulk of energy consumed in the U.S., but oil and gas (O&G) companies saw declining energy consumption in recent years and face a negative, long-term economic outlook. According to Wood Mackenzie, wind and solar will make […]

AUSTIN, Texas, June 2, 2021 — Enverus, the leading global energy data analytics and SaaS technology company, released today its initial suite of solutions for the Power & Renewables market. Built on a foundation of the most comprehensive data and analytics capabilities available, these products enable project and infrastructure tracking with full source documents, investment […]

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

President Trump’s action to ban oil and gas drilling off the East Coast and through much of the Gulf of Mexico also eliminates leases for offshore wind farms, according to the U.S. Department of the Interior. Trump earlier this month issued two memos withdrawing the potential to lease land for oil and gas extraction on […]

BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new