Wyo. invests $2.5M to harness Mowry Shale's riches
Funded by $2.5 million from the Wyoming Legislature, the...
Funded by $2.5 million from the Wyoming Legislature, the University of Wyoming School of Energy Resources is embarking on a series of feasibility studies to unlock the Mowry Shale's estimated 200 million barrels of untapped oil reserves. As part of the effort, researchers across various disciplines will collaborate with oil companies to address technical challenges stemming from the presence of highly absorbent bentonite clay in the formation.
Maynard Holt funds the energy transition with Veriten
The energy transition is a complex endeavor, complicated by society's thoughtlessness and harmful yet...
The energy transition is a complex endeavor, complicated by society's thoughtlessness and harmful yet widespread hostility toward oil and natural gas, says Maynard Holt, co-founder of Tudor Pickering & Holt and founder and CEO of newly formed energy industry research firm Veriten. Equipped with $85 million in its first fund, Veriten is committed to making mindful investments in the evolving energy industry, with a particular focus on the power sector.
CO2 pipeline cancellation highlights industry struggles
Regulatory uncertainty has prompted Navigator CO2 Ventures to abandon its proposed 1,300-mile Heartland...
Regulatory uncertainty has prompted Navigator CO2 Ventures to abandon its proposed 1,300-mile Heartland Greenway pipeline, which would have transported captured carbon from ethanol plants in the Midwest to a sequestration point in central Illinois. Meanwhile, Summit Carbon Solutions is gearing up for a rehearing of its initially denied application for a siting permit in North Dakota for its proposed $5.5 billion, 2,000-mile Midwest Carbon Express CO2 Pipeline Project.
Chevron agreed to buy U.S. rival Hess for $53 billion in stock in a deal that reflects top U.S. energy...
Chevron agreed to buy U.S. rival Hess for $53 billion in stock in a deal that reflects top U.S. energy companies' drive for oil and gas assets in a world seeking lower-risk future fossil supplies and higher shareholder returns. The proposed deal amps up competition between Chevron, the No. 2 U.S. oil and gas producer, and Exxon, its larger rival.
A second convoy of trucks carrying humanitarian aid entered a stricken Gaza via Egypt as overwhelmed hospitals in the territory face a dire shortage of medicine and supplies due to an Israeli siege. Meanwhile, Israeli airstrikes on Syrian airports and in Lebanon raised concerns of a wider regional conflict. To counter a potential escalation in attacks on American troops in the Middle East, the Pentagon said it’s planning to send more military firepower to the region. In the US, police found no evidence of antisemitism after the president of a Detroit synagogue was found stabbed to death outside her home. Still, American Jews are on high alert over a rise in antisemitic hate crimes and have flocked to gun training classes.
