Advances in oil and gas drilling have cut costs for a form of clean power that could help replace fossil fuels, according to the Department of Energy. Now the agency is going all in on […]
HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]
Fervo Energy is getting a lot better at drilling holes. According to data presented this week at Stanford University, it took the company 71 days to drill a geothermal well back in 2022. But last […]
Marine Traffic With the most recent rocket attack on a British-operated Greek-owned bulker on Thursday, Yemen’s Houthis have threatened to keep attacking vessels in the Red Sea. The Yemeni group have claimed responsibility for the […]
Drilling operations at Fervo’s Cape Station show 70% year-over-year reduction in drilling times and pave the way for rapid geothermal deployment PALO ALTO, CA (February 12, 2024) – Today at the Stanford Geothermal Workshop, Fervo Energy […]
The Yemeni militant group targeted two commercial vessels, causing minor damage and no injuries, according to the Pentagon Houthi forces fired several ballistic missiles at cargo ships off the Yemeni coast on Tuesday, US […]
The BRICS New Development Bank (NDB) has announced the approval of a $500 million loan to fund rural road projects in the Indian state of Gujarat. The funds will be used under the Mukhyamantri Gram […]
The weaponization of the US Dollar and sanctions directly impact energy prices and are a major contribution to the potential pending wars. George McMillan, Founder and CEO of G3Strat Group, a geopolitical historian and current […]
China’s renminbi keeps losing ground, after initial progress. But the tiny “other” reserve currencies combined are taking share from the USD. By Wolf Richter for WOLF STREET. The US dollar has been the dominant global reserve currency for […]
Huawei’s chipset subsidiary HiSilicon has become world’s fifth largest chipmaker, with a 3% share of the global chipset market, according to the latest analysis published by technology market-research firm Counterpoint. The research, based on third-quarter […]
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