The Latest

Energy Transition in Motion (Week of June 13, 2025)

Here is a look at some of this week’s renewable energy news, including an agreement between RWE and tech giant Amazon.

XGS Energy, Meta Team Up for 150-MW Geothermal Project in NM

The project, which will be developed in two phases, is expected to start operations by 2030 and flow electrons to PNM electric grid.

Fervo Secures $206MM for Enhanced Geothermal System Project

Fervo Energy has secured $206 million for its Cape Station enhanced geothermal system project to continue development, the company said, one day after announcing the project's appraisal well set several geothermal drilling records.

Fervo Energy Sets Geothermal Drilling Records with Appraisal Well in Utah

The ability to drill deeper and hotter expands the commercial viability window for enhanced geothermal systems, according to Fervo.

E&P Highlights: June 9, 2025

Here’s a roundup of the latest E&P headlines, including CNOOC’s latest production startup and an exchange of properties offshore Brazil.

Belcher: Senate Should Revise ‘Big, Beautiful Bill’ to Spare Geothermal

Geothermal, a partner of oil and gas, merits the same tax treatment as nuclear in the ‘Big, Beautiful Bill.’

Constellation Receives PUCT Approval for Calpine Deal

Constellation Energy Corp.’s deal to acquire Calpine Corp. is still awaiting approval from a number of regulatory agencies, including the Federal Energy Regulatory Commission.

Oil, Gas Producers’ Next Frontier…Geothermal?

Enverus analysts say there is potential for more oil and gas companies to tap into geothermal on their existing assets—depending on available infrastructure and resource temperatures.

Energy Transition in Motion (Week of May 30, 2025)

Here is a look at some of this week’s renewable energy news, including a move by the Trump administration to fast-track geothermal projects.

Quaise Takes Geothermal Tech Deeper, Hotter in Texas Hill Country

Geothermal driller Quaise Energy is gearing up for field testing north of Austin, Texas, which is expected to help move its millimeter wave drilling technology closer to a commercial test.