Exelon Corp. and the Exelon Foundation plan to spend a combined $1 million for 10 startups working to develop technologies to mitigate and build resilience to the effects of climate change. The utility and its philanthropic group’s funding are part of a $20 million Climate Change Investment Initiative (2c2i) planned over 10 years for early…
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Editor’s Note: The following segment is one in a series by NGI’s LNG Insight focused on exploring how the global liquefied natural gas (LNG) market works. The conversations in this series will also analyze news and the issues that matter most to the industry in North America and beyond. Melissa Lindsay is the founder of…
BP plc has found another way to make use of its natural gas via a $30 million investment in a California startup that produces protein for fish, livestock and pet feeds.
The Department of Energy (DOE) is providing up to $39 million for research and development projects aimed at improving oil and natural gas technologies, including those for offshore wells, methane mitigation and transmission.
ExxonMobil Corp., whose Permian Basin leasehold holds an estimated 9.5 billion boe resources base across 1.6 million acres, has launched a partnership with Microsoft Corp. to create the largest oil and natural gas acreage ever to use cloud technology.
Schlumberger Ltd. is taking its reservoir technology and combining it with industrial automation and information created by Rockwell Automation to help oil and natural gas customers improve the value of their investments.
With a workforce of about 70,000 employees, many of whom are older and set to retire within the next five years, Secretary Ryan Zinke said the Department of the Interior (DOI) must partner with the natural gas industry in order to get a firmer grasp of emerging technology in the energy sector.
U.S. oil and natural gas executives are looking to incorporate emerging technologies to improve business operations, but they do not expect artificial intelligence (AI) or automation to eliminate jobs, according to KPMG’s 2018 U.S. Energy Outlook Survey.
Helmerich & Payne Inc. (H&P), the largest U.S. land drilling rig contractor, has agreed to buy directional drilling technology expert Motive Drilling Technologies Inc., whose drillbits hone in on unconventional oil and natural gas deposits.
Three Pennsylvania-based companies were awarded $20,000 each this month at the sixth annual Shale Gas Innovation Contest in Pittsburgh for liquefied natural gas (LNG), borehole imaging and pipeline sensor technologies.