Getting to the Core: The Know-how of Geomechanics to Capture Geothermal
Understanding the behavior and geomechanics of fracture-dominated reservoirs is a must for developing geothermal assets.
Google, Energix Seal Deal for 1.5 GW of Solar
Energix said it expects to deliver the solar energy in the next two to three years.
Pipeline Operator Enterprise Products to Buy Pinon Midstream for $950 Mln
Pipeline operator Enterprise Products Partners said on Wednesday it will buy smaller peer Pinon Midstream for $950 million in cash to expand its natural gas infrastructure. The oil and gas pipeline industry has seen increased consolidation since last year as U.S. production grows and as problems with permits for new pipelines have made existing operators …
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Enbridge CEO Sees Strong Oil Demand in 2050, With U.S. Supply Growing
More oil usage is fueled by global economic demands, Ebel says North America plays a key role in growing LNG market, CEO says Enbridge Inc. Chief Executive Officer Greg Ebel said oil demand may continue to grow in the decades ahead, putting his company’s internal assumptions among the more bullish forecasters of long-term crude usage. Oil demand by …
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COMMENTARY: Vance Attacks Harris on Energy by Cherry-Picking Facts
It’s dishonest to focus on affordability and ignore the risks — and costs — associated with emissions-driven climate change By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. A few days before …
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China’s Record Hydro and Solar Cut Coal Power During Heatwave
By John Kemp (Reuters) – China’s electricity consumption smashed the previous record in July as a prolonged heatwave settled over major load centres, especially in the Yangtze Delta, driving an enormous increase in air-conditioning and refrigeration. Unprecedented load was met by record output from hydro and solar, ensuring coal-fired generation fell slightly compared with the same …
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Brent Likely to Take a Hit From Soft Demand in China, Says Goldman
Goldman Sachs on Tuesday said it expected Brent crude prices to fall to $68 per barrel by late 2025 if China oil demand remains flat through end of next year. Brent futures were trading around $77 a barrel by 11:46 a.m. EDT (1546 GMT) on Tuesday, while U.S. West Texas Intermediate (WTI) crude was around …
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COMMENTARY: Summer Talking Points: Warm Temperatures – Alex Epstein
Warmer temperatures are less of a threat than cold ones, and fossil fuels make us safer from both By Alex Epstein This is Part 3 of a 4 part feature where I cover 4 of the top energy issues that will be discussed this summer, especially as politicians return home for August Recess. Warmer temperatures …
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NextDecade Scraps Rio Grande LNG CCS Project
NextDecade said its carbon capture and storage project at the Rio Grande LNG facility is not sufficiently developed, Chairman and CEO Matt Schatzman said.
Mike Wirth: The ‘Remarkable’ Rise Of Chevron’s Permian Portfolio
Chevron aims to grow Permian volumes past 1 MMboe/d in 2025—less than a decade after it averaged less than 100,000 boe/d from legacy holdings in West Texas and New Mexico, Chevron CEO Mike Wirth said.