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Highwood Launches the Emissions Intelligence Platform (EIP) for Oil and Gas Companies, the World’s First Software for OGMP 2.0 Methane Reporting and Measurement-Informed Inventories
Highwood Emissions Management has launched their Emissions Intelligence Platform (EIP), a software that streamlines complex measurement-informed methane emissions accounting and reporting for the oil and gas industry. “EIP closes the gap between measurement and action.” said Thomas Fox, President of Highwood. “It uses empirical data to not only achieve – but to prove – strong performance, maintaining investor
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Well Done Foundation Announces Collaboration with US Fish and Wildlife Service to Plug Over 110 Orphan Wells Beginning in 2025
Well Done Foundation (WDF), a national nonprofit whose mission is to plug orphaned oil and gas wells across the United States, today announced a collaboration between the U.S. Fish and Wildlife Service (USFWS), Well Done New Mexico LLC (WDNM) and the Well Done Foundation (WDF), in a groundbreaking effort to restore and conserve critical habitats across four
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Zefiro Methane Subsidiary Awarded Slate of Government of Ohio-Funded Environmental Remediation Projects
ZEFIRO METHANE CORP has announced that the Company’s subsidiary Plants & Goodwin (“P&G”) has been awarded eight projects by the state government of Ohio. Specifically, the scope of work includes Zefiro’s team of environmental remediation specialists plugging 50 oil and gas wells located across the state to mitigate an array of potential public health threats. The effort to
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EET Fuels secures US$350 million funding for decarbonization plans
EET Fuels (the trading name of Essar Oil (UK) Ltd) has attracted new financing facilities – agreeing to US$350m in re-financing through a combination of a new bank financing and upsizing of existing trade credit financing facilities in this quarter. This follows the announcement in October 2024 of US$650m in financing facilities including a new
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U.S. DoE Announces Nine Organizations for Program to Foster Collaboration Between Communities and Stakeholders in the Energy Transition
The U.S. Department of Energy (DOE) announced the selection of nine organizations to participate in the groundbreaking Regional Energy Democracy Initiative (REDI) Consortium in Texas and Louisiana. This inaugural consortium will establish a framework for stakeholder and community collaboration while providing direct technical assistance and capacity building for the coordination, development, and delivery of community benefits
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ENGIE and Meta announce new 200 MW renewable energy agreement
ENGIE and Meta have completed a second Environmental Attributes Purchase Agreement (EAPA) in 2024. The agreement will see ENGIE supply 200 MW of renewable energy and associated environmental attributes from its Anson 2 solar project in Jones County Texas furthering support of Meta’s growing power needs in line with its net zero goals. Meta will purchase environmental attributes and energy
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DiagnaMed Partners with Texas Tech University to Pioneer Hydrogen Innovation
DiagnaMed, an innovator in hydrogen-producing technologies and artificial intelligence (AI) medical applications, has entered into a limited license and option agreement with the Texas Tech University System to commercialize a ground-breaking technology (WO2023044149A1) that produces hydrogen directly from petroleum reservoirs and natural hydrogen fields. This proprietary technology, developed by Dr. Qingwang Yuan of the HOPE
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Halliburton, Coterra launch first fully automated hydraulic fracturing program
Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with the push of a button. Coterra is the first operator to fully automate and control their hydraulic fracturing design and execution.
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Fervo Energy Secures Additional $255 Million Funding to Meet Energy Demand
Fervo Energy, a next-generation geothermal development, has secured $255 million in new funding and capital availability as it continues to build the world’s largest enhanced geothermal systems (“EGS”) power development. The announced funding comprises both opportunistic corporate equity and new debt financing. Capricorn’s Technology Impact Fund II led the $135 million corporate equity round. Fervo
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Breakthrough New Material Brings Affordable, Sustainable Future Within Grasp
While lithium-ion batteries have been the go-to technology for everything from smartphones and laptops to electric cars, there are growing concerns about the future because lithium is relatively scarce, expensive and difficult to source, and may soon be at risk due to geopolitical considerations. Scientists around the world are working to create viable alternatives. An
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Baker Hughes to equip Woodside’s Louisiana LNG project
Baker Hughes has announced Monday an order from Bechtel to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for Phase 1 of Woodside Energy Group Louisiana’s LNG development opportunity. The order marks a significant milestone as Woodside targets final investment decision (FID) readiness from the first quarter
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Scaling AI for maximum impact in oil and gas – EY’s perspective
Moving from use cases to enterprise-wide AI is more than a technology challenge. It requires anchoring on value, feedback and innovation. In brief Three key steps can help organizations scale their enterprise-wide AI efforts. Successful adoption of AI in oil and gas requires leader buy-in, culture change and constant feedback. Strategic collaborations, especially given the
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