Oil and Gas Companies Begin Turning to Renewables To Power Operations
IHS Markit says the industry’s “striking pace of growth” and a dynamic commercial environment are fueling the movement to zero-carbon sources.
Omani- and Shell-Backed Solar EOR Firm Runs Out of Steam
GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.
California Becomes a Proving Ground for Solar EOR Technology
If proven economic, solar EOR technology could represent an environmentally and energy friendly solution for California’s heavy oil producers.
Another View: A Significant Opening for Solar Competition
Oil and gas professionals may not consider solar power to be a serious threat, but it is poised to make serious inroads into the heating and cooling market.
Shell Expands Investments in Solar Energy
Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman.
Solar EOR Firm Looks To Heat Up the Competition
In thermal enhanced oil recovery there is one big ingredient: steam. A new startup from Germany believes it has found the oil industry’s cheapest way to make it.
Renewable Energy Tech Is Now Priced To Reduce Upstream Spending
Renewable energy is often framed as being at odds with the oil and gas industry, but new price developments in the wind and solar sectors may be changing this paradigm, according to one US energy expert.
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04 August 2020