Microsoft – Oil & Gas 360

Big tech’s nuclear gamble could change the course of the energy transition

October 25, 2024

(Oil Price) – Microsoft recently struck a deal to restart of the Three Mile Island nuclear power plant. Google partnered with small modular reactor developer Kairos to build 500MW of generation capacity. Amazon bought stock in another SMR developer, X-energy. Big Oil loves nuclear. This could change the course of the energy transition. Until quite recently, Big Tech was fully dedicated to the energy transition

Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

September 20, 2024

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

Oxy, Microsoft clinch “record” carbon removal deal to handle AI-associated emissions

July 10, 2024

World Oil (Bloomberg) – Oil giant Occidental Petroleum Corp. clinched a record carbon removal deal with Microsoft Corp. amid the software titan’s push to reduce its expanding emissions. Occidental, which is building a carbon-capture portfolio through its subsidiary 1PointFive, plans to build a fleet of plants that suck carbon dioxide directly from the air. Microsoft on Tuesday agreed to buy

Williams collaborates with Microsoft on clean energy transition

June 3, 2021

Oil and Gas 360 TULSA, Okla.–(BUSINESS WIRE)– Williams (NYSE: WMB) has signed a Memorandum of Understanding (MoU) with Microsoft to explore ways to transform one of the nation’s largest energy infrastructure networks through digital technology and innovation while advancing our net zero emissions goals. “Williams shares Microsoft’s vision for a low carbon future. Likewise, Williams is committed to helping our

Schlumberger New Energy, Chevron, and Microsoft collaborate on carbon negative Bioenergy

March 4, 2021

Clean Energy Systems technology to remove the equivalent of CO 2 emissions from…

Microsoft in deal with Equinor for Norway CO2 storage project

October 14, 2020

Reuters OSLO – Microsoft Corp on Wednesday signed a memorandum of understanding with Norway’s Equinor to explore the use of a carbon dioxide storage facility as the tech firm seeks to cut its carbon footprint, the Norwegian oil ministry said. The world’s largest software company pledged in January to remove enough CO2 by 2050 to account for all its emissions

Microsoft pledges to remove more carbon than it emits by 2030

January 17, 2020

Houston Chronicle Microsoft on Thursday announced plans to remove more carbon than it emits by the end of the decade, a pledge that addresses the climate change crisis more aggressively than many of its tech rivals. The software giant, which announced the initiative at a news conference at its Redmond, Washington, headquarters, also plans to remove all the carbon emissions

Finding Costs Drop to 10-Year Low - Oil & Gas 360

Exxon Partners With Microsoft to Boost Permian Oil Production

February 22, 2019

From Bloomberg Exxon Mobil Corp. is partnering with Microsoft Corp. to crunch trillions of bits of data as the oil titan seeks to more than triple shale-oil production in the Permian Basin in less than a decade. Exxon will use Microsoft’s cloud-computing technology to monitor and analyze the vast amounts of data generated by its sprawling array of drilling rigs, wells,

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