(Oil & Gas 360) – Traffic jams and hailing Ubers could be things of the past should air taxi developers deliver on promises that are enticing enough that Toyota is investing in another round of the technology. The Japanese carmaker is investing half a billion dollars in Joby, a California-based producer of electric vehicle takeoff and landing craft (eVOTL) that has
(Yahoo Finance) – BOGOTA/MONTEVIDEO/RIO DE JANEIRO, (Reuters)- Latin America’s wealth of hydroelectricity and other renewable energy resources could make the region a major producer of clean hydrogen as the world seeks alternatives to fossil fuels to fight the climate crisis, but some big hurdles lie in the way. Government leaders expect a major boon for the region from clean hydrogen, also
(Oil & Gas 360) – A talent deficit may be the biggest drag on the momentum behind a global nuclear resurgence as the technology is increasingly recognized as an efficient and proven way to produce reliable emissions-free electricity. A similar talent dearth has long been an oil and gas industry topic and potential threat to the United States’ dominance in
(World Oil) – Palantir Technologies Inc. and APA Corporation announced a multi-year, multi-million-dollar extension to their enterprise agreement originally signed in 2021. The agreement builds on the work deployed across APA’s global portfolio over the past three years and introduces new artificial intelligence capabilities with Palantir’s Artificial Intelligence Platform (AIP) software. Over the past three years, Palantir has partnered with
(Oil Price) – This week, the International Energy Agency said that the COP28 targets for expanding wind and solar capacity were “within reach”. Yet there was a “but”. That had to do with the fast expansion and upgrade of grids and the equally fast buildout of energy storage capacity. That “but” can doom the whole transition—if it’s not already doomed.
World Oil (WO) — Global energy technology company SLB is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry. The collaboration accelerates the development and deployment of industry-specific generative AI foundation models across SLB’s global platforms, including its Delfi digital platform and Lumi data and AI platform, by leveraging NVIDIA NeMo, part of
World Oil (WO) – Halliburton Company introduced the Octiv Auto Frac service, the latest addition to the Octiv Intelligent Fracturing Platform. The Octiv platform digitizes and automates workflows, information, and equipment across all aspects of the company’s fracture operations. This results in safer, more efficient operations for our customers and for Halliburton. The Octiv Auto Frac service improves operational consistency
CNBC Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence. Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in 2028, subject to approval by
(Oil & Gas 360) – According to McKinsey and Company’s 2024 Global Energy Perspective, released earlier this week, the world is failing to reach the CO2 reduction targets outlined in the Paris Agreement nine years ago. The study examines the financial, policy, technological, and infrastructure progress on the “1.5 Degree Pathway,” which outlines steps to limit global warming to
(Oil & Gas 360) – Houston assumes its familiar role as global energy leader for four days this week for The Gastech Climatetech & AI Conference Sept. 17-20. About 50,000 attendees and 800 companies from 125 countries are expected to hear about progress on the group’s mission to “foster the development of green molecules and electrons within a new energy
World Oil (WO) – On the first day of Gastech 2024, held this week in Houston, Texas, Halliburton Company introduced the Clear portfolio of electromechanical well intervention technologies and services. This portfolio addresses challenges related to high-angle deployment and includes surface readout telemetry for communication and precise control to deliver differentiated performance. The Clear portfolio includes: ClearTrac wireline tractor; ClearCut
Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. Oklahoma Environmental Services is a multi-faceted environmental services and consulting firm, providing a complete range of environmental and compliance services by licensed professionals utilizing innovative technologies. oeservices.net On Pointe Consulting, LLC
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