US geothermal sector receives $20m boost to lower drilling costs

The Department of Energy is looking to dramatically lower the costs of developing geothermal energy as drilling can sometimes exceed 50% of a project’s total costs

UK’s ‘first’: Deep borehole geo-exchange heating system to slash university’s emissions

The system will capture waste energy from cooling and will store it 220 metres undeground for later use as heat

UK Oil and Gas seeks environmental permit to explore site in Arreton

The Environment Agency has launched a public consultation on the new permit, which if granted would allow UKOG to operate at the proposed site for a period of three years

US natural gas and oil production to fall in 2021

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions

Oil discovery in Egypt’s Western Desert

Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day

New York backs tech that cuts installation time for ground-source heat pumps

Dandelion Energy claims its Sonic Drill Suite technology reduces the time it takes to install geothermal systems from up to one week to one day

Fracking firm Cuadrilla seeks extension for shale gas drilling

Fracking started at the Preston New Road site last October but operations were halted on numerous occasions due to minor tremors

US crude oil production hit new record in 2018

Production in December last year was the highest monthly level seen in US history

Drilling to begin at UK’s first geothermal power plant

The facility in Cornwall will be capable of supplying up to 3MW of electricity – enough to power around 3,000 homes

Britain’s oil and gas sector ‘is at a crossroads’

Oil & Gas UK says despite improvements, more investment is needed to ensure the long-term future of the North Sea