New British Prime Minister Liz Truss opposes continuing windfall taxes, such as former premier Boris Johnson's 25% windfall tax on North Sea oil and gas producers, and has pledged to tackle long-term supply issues as part of efforts to address the energy crisis that was triggered by soaring energy prices.
Natron Energy's sodium-ion batteries will help Liberty Energy's digiFrac electric frac pump operate with as little emissions footprint as possible.
The planned global capacity carbon capture, utilization and storage (CCUS) pipeline has reached 905 million tonnes per annum with the lion’s share of the projects domiciled in North America
Ten financial groups face potential pension fund divestment after claim by Texas, the largest oil and gas producer in the U.S.
"There will be concern that prices could fall back to lower levels that wouldn't justify new capex," energy analyst Arjun Murti said, speaking of how traders and fund managers have left the crude markets recently due to market volatility.
Kimmeridge Energy Management intends to help California Resources Corp. further develop its carbon capture and sequestration projects.
Smart contract network provider Data Gumbo expands the reinvention of the finance ecosystem through IIoT data and state-of-the-art digital ledger technology.
The U.S. Department of Energy is planning on providing a a total of $165 million to develop the Geothermal Energy from Oil and Gas Demonstrated Engineering initiative, which will focus on researching and studying issues in the geothermal sector.
Nabors Industries' investment will provide the funds needed to scale up production capacity for battery developer Natron Energy to tap the emerging oilfield carbon reduction market.
With help from Honeywell Ventures, among other investors, Electric Hydrogen will use the funding it received for the scale-up of its patented electrolyzer and manufacturing technologies.