Then and Now: 4D Seismic Surveys Cut Costs, Increase Production
4D seismic surveys allow operators to monitor changes in reservoirs over extended periods for more informed well placement decisions. Companies including SLB and MicroSeismic Inc. are already seeing the benefits of the tech.
FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’
Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.
Williams’ CEO: Pipeline Permitting Costs Twice as Much as Steel
Williams Cos. CEO Alan Armstrong said U.S. states with friendlier permitting polices, including Texas, Louisiana and Wyoming, have a major advantage as AI infrastructure develops.
NextEra CEO: Renewables Offer Cheaper Way to Meet AI Power Demand
Some forms of energy are better positioned to meet electricity needs today from both timing and cost perspectives, NextEra Energy CEO John Ketchum said at CERAWeek by S&P Global.
BlackRock CEO: US Headed for More Inflation in Short Term
AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.
Chevron’s Wirth: Rapid Transitions in Energy Strategy ‘Not the Right Policy Approach’
Relying on the president, whoever it is, leads to a wildly inconsistent energy policy in the U.S., Chevron CEO Mike Wirth said at CERAWeek by S&P Global.
Google, SLB, Project Innerspace Form Geothermal Partnership
The geothermal partnership between Google Cloud, SLB and Project Innerspace takes shape as energy demand surges, driven in the U.S. by data center growth, the rise of electrification and an increase in manufacturing activity.
Electron Gold Rush: ‘White Hot’ Power Market Shifts into High Gear
Tech companies are scrambling for electrons as AI infrastructure comes online and gas and midstream companies need to be ready, Energy Exemplar CEO says.
Paradoxes and Power: Why DeepSeek AI May Be Good News for Energy
The lower cost and power demand of DeepSeek could be a positive for AI adoption and result in increased proliferation and demand, an analyst said.
California Resources Continues to Curb Emissions, This Time Using CCS for Cement
California Resources’ carbon management business Carbon TerraVault plans to break ground on its first CCS project in second-quarter 2025.