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HomeGeothermal

Geothermal

Fervo
Exploration and Production

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

February 29, 2024 Mariel Alumit

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. […]

Geothermal
Exploration and Production

Is Geothermal About to Become the Solar of the 2020s?

February 19, 2024 Mariel Alumit

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 […]

Houthis
Geothermal

Houthis renew Red Sea attacks

February 16, 2024 Mariel Alumit

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 […]

Fervo Energy Drilling
Exploration and Production

Fervo Energy Drilling Results Show Rapid Advancement of Geothermal Performance

February 12, 2024 Mariel Alumit

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 […]

Houthis
Geothermal

Houthis fire ‘multiple’ missiles at ships in Red Sea – US military

February 7, 2024 Mariel Alumit

  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 […]

BRICS

BRICS bank lends $500 million to Indian state

January 12, 2024 Stu Turley

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 […]

ENB Podcast

ENB #172 George McMillan – Geopolitics are changing at a critical pace, and we can learn from the past to avoid wars today.

January 9, 2024 George McMillian

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 […]

Price
Finance

Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues

January 2, 2024 Stu Turley

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 […]

Geothermal

Chinese tech giant rebounds from US sanctions

December 28, 2023 Stu Turley

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 […]

Crude Oil News

How do sanctions negatively impact the environment? – A discussion with Armando Cavanha and Stu Turley

December 17, 2023 Stu Turley

Armando Cavanha is a global thought energy thought leader with years of experience with Big Oil and is now a professor with international reach. Please follow Armando on his LinkedIn here: https://www.linkedin.com/in/cavanha/ Some of the […]

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