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A service for energy industry professionals · Sunday, December 22, 2024 · 771,084,997 Articles · 3+ Million Readers
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Caucasus Shale Oil Newswire

  • Published on Dec 18, 2024

    Across China: Smart tech powers new record in shale oil drilling

    JINAN, Dec. 18 (Xinhua) -- Powered by intelligent technologies, China's Shengli Oilfield has achieved the capability to drill shale oil wells to depths almost 6,000 meters in just 17.7 days. The drilling periods were 29.5 days in 2023 and 48 days in …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Dec 20, 2024

    Number of active U.S. drilling rigs unchanged this week

    HOUSTON, Dec. 20 (Xinhua) -- The number of active drilling rigs in the United States stands at 589 this week, unchanged from last week but down 31 from a year ago, according to the weekly data released Friday by the Houston-based oilfield services company …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Dec 20, 2024

    Geothermal energy startups are on the increase, thanks to energy-hungry AI

    The rise in energy demand to power AI systems has spurred a new breed of investments – geothermal energy startups to complement energy supplies. According to a Reuters report, geothermal energy startups are on the increase as big tech firms are looking at …

    Source: Cryptopolitan - Uncategorized
  • Published on Dec 19, 2024

    AI's hunger for energy fuels geothermal startup but rivalry over natgas clouds the future

    The number of geothermal energy startups is on the rise, as Big Tech companies look to power their AI data centers with natural gas. However, long-term investment remains uncertain because oil majors are doubling down on natural gases. Meta and Alphabet’s …

    Source: World Energy News - Connecticut - Label Pending
  • Published on Dec 19, 2024

    AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

    By Mrinalika Roy and Seher Dareen (Reuters) - Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas. …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 19, 2024

    It’s getting hot down under: Hot rock geothermal energy is making a comeback in Australia

    Australian hot rock geothermal energy is back on the agenda, to the excitement of enthusiasts who led the last wave of companies 15 years ago, and perhaps consternation and regret to those who lost their shirts when these failed.  The reason why the …

    Source: Renew Economy - Neutral
  • Published on Dec 19, 2024

    OPEC+ wary of US oil output rise under Trump

    Listen to article LONDON: OPEC+ is wary of a renewed rise in the US oil output when Donald Trump returns to the White House, delegates from the group said, because more US oil would further erode OPEC+ market share and hamper the producer group's …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 18, 2024

    Brent Crude Oil Prices Toil as Market Awaits Fed Decision. Range Trading Ahead?

    Oil prices rose due to lower-than-expected US crude oil stockpiles, but demand concerns remain. OPEC+ is worried about a potential increase in US oil output under a Trump presidency. From a technical perspective, oil prices are range-bound, and range …

    Source: OANDA Market Pulse - Neutral
  • Published on Dec 18, 2024

    What to Watch in Oil in 2025

    A release sent to Rigzone recently by the Rystad Energy team, which included analysis from several company representatives, highlighted multiple “significant trends that will shape the energy world in the coming year” . One of those trends is that “ …

    Source: Rigzone - Neutral
  • Published on Dec 18, 2024

    OPEC+ wary of renewed US oil output rise under Trump, sources say

    By Anna Hirtenstein and Alex Lawler LONDON (Reuters) - OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump returns to the White House, delegates from the group said, because more U.S. oil would further erode OPEC+ market share and hamper …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 17, 2024

    12 Energy Trends to Watch in 2025

    As the new year approaches and the book on an eventful year in the energy world closes, 2025 looks set to bring more volatility, geopolitical tension and policy evolutions. Elections in almost all major global economies in 2024 have set the stage for a …

    Source: Oil Price - Neutral
  • Published on Dec 16, 2024

    Analysis: The hidden challenge of Saudi unemployment

    On paper, achieving Saudi Arabia’s unemployment target falls under the remit of the Minister of Human Resources and Social Development. But the real burden of meeting the newly revised 5% target by 2030 falls on two powerful figures: Mohammed Al-Jadaan, …

    Source: Semafor - Neutral
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