Oil

Transforming Oil Wells into Eco-Friendly Solar Energy Storage Systems
Environmental & Regulations Transforming Oil Wells into Eco-Friendly Solar Energy Storage Systems

The sprawling landscapes of Kern County, California, tell a tale of transformation. Formerly known for its extensive oil production, the region is now at the forefront of an innovative shift toward sustainable energy. The heart of this change lies in a groundbreaking project called Geological

August 22, 2024
Gran Tierra to Acquire i3 Energy in £174M Deal for Expansion
Environmental & Regulations Gran Tierra to Acquire i3 Energy in £174M Deal for Expansion

In a landmark move set to reshape the energy sector, Gran Tierra Energy, Inc., a prominent US-based oil and gas exploration and production company, has confirmed the acquisition of UK-based i3 Energy plc for approximately £174.1 million (US$225.4 million). The acquisition will be executed through a

August 21, 2024
How Is AI Secretly Transforming the Oil Industry?
Infrastructure & Technology How Is AI Secretly Transforming the Oil Industry?

In a world increasingly driven by technological advancements, generative artificial intelligence (AI) stands out as a revolutionary force making ripples across various sectors. Surprisingly, one of the most discreet yet potentially transformative adoptions of AI is happening within the oil

August 21, 2024
Yarra Valley Water Upgrades Biogas Plant for Sustainable Future
Renewable Energy Yarra Valley Water Upgrades Biogas Plant for Sustainable Future

Yarra Valley Water’s biogas plant in Melbourne’s northern region is undergoing a significant modernization. Originally implemented in 2017, this state-of-the-art facility has been a model of energy self-sufficiency and sustainability. Known for converting organic waste into renewable energy, the pla

August 21, 2024
Iraq Modernizes Oil Contracts to Draw Foreign Investment, Boost Output
Conventional Fuels Iraq Modernizes Oil Contracts to Draw Foreign Investment, Boost Output

Nestled in one of the globe’s most oil-rich regions, Iraq is embarking on an ambitious journey to overhaul its oil and gas industry. This shift aims to attract foreign investment, boost output, and cement Iraq’s role as an energy powerhouse. Central to this transformation is the adoption of pro

August 20, 2024
What's the Impact of Gran Tierra's Acquisition of i3 Energy?
Environmental & Regulations What's the Impact of Gran Tierra's Acquisition of i3 Energy?

The acquisition of i3 Energy plc, an independent oil and gas company listed on the London Stock Exchange and TSX, by Gran Tierra Energy, Inc., marks a significant strategic move in the energy sector. Gran Tierra's $225.4 million purchase of i3 Energy, structured through a combination of cash

August 20, 2024
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