Engineers resurrect dead oil and gas wells in profitable move toward geothermal energy: 'It is a win-win situation'

Engineers resurrect dead oil and gas wells in profitable move toward geothermal energy: ‘It is a win-win situation’

To reduce the harmful effects of our overheating planet, we will need to deploy every tool in our arsenal. Researchers in Illinois have marked one pioneering step forward in repurposing an oil and gas well to store geothermal energy. The 2021 project, outlined in the journal Renewable Energy, tapped the Cypress Sandstone of the Illinois Basin, injecting…

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Fueling

Fueling the AI Revolution: The Power of American Natural Gas

Artificial intelligence has emerged as the predominant topic on Wall Street in the past year, with investors eagerly awaiting its transformative impact. Jamie Dimon, CEO of JPMorgan Chase, recently likened the forthcoming AI revolution to historical game-changers like the printing press, the steam engine, electricity, computing, and the Internet in his latest annual letter.1 As we…

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Claudia Sheinbaum

Sheinbaum planea gastar miles de millones en plantas solares y de gas

La candidata oficialista a la presidencia de México gastaría unos US$13.600 millones para impulsar el uso de energías renovables en su país sin dejar de añadir centrales eléctricas de gas, según un plan que presentó a líderes empresariales. El plan de Claudia Sheinbaum aumentaría la generación de energía eólica y solar, modernizaría las centrales hidroeléctricas y añadiría…

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osaka

Osaka Gas, Sumitomo, and JOIN to Invest in Expanding City Gas Distribution Business in India

OSAKA, Japan, April 15, 2024–(BUSINESS WIRE)–Osaka Gas Co., Ltd. (Osaka Gas) announced on April 8 its subsidiary OSAKA GAS SINGAPORE PTE. LTD. (OGS) has reached an agreement with Sumitomo Corporation (Sumitomo) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) to invest in AG&P LNG Marketing Pte. Ltd. (AG&P LNG Marketing), aiming…

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