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...strategist Robby Greengold earlier this month pointed to the “compelling” nature of the themes that the Innovation fund invests in — artificial intelligence, blockchain technology, genetic technology, energy...
...This would include reopening federal land that has been restricted to oil and gas drilling, added Sands....
...The US oil and gas industry is suing the Biden administration over its decision to severely restrict offshore drilling amid a growing industry backlash against its climate and energy policies....
...John Barrasso, the top Republican on the Senate energy and natural resources committee, slammed Biden for “doing all he can to make it economically impossible to produce energy on federal lands”....
...Add to that concerns over habitat and environmental damage along with the potential for oil spills and for many exploiting the Arctic's rich energy resources is a truly unpalatable proposition....
...Yet the pace of oil production growth is set to slow in the coming years, as prime acreage runs low and Wall Street insists on shareholder returns over new drilling campaigns from energy companies....
...Biden’s calls for more drilling....
...In the US, lands leased for oil and gas can also be used for geothermal drilling without having to apply for new permits....
...Last month, Chesapeake Energy agreed to buy Southwestern Energy for $7.4bn to create the country’s biggest natural gas producer....
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
...in global energy demand....
...Diamondback Energy’s $26bn deal for rival Endeavor Energy this week brought to almost $180bn the value of an oil and gas dealmaking spree that has reverberated across the US shale patch since the beginning...
...New drilling techniques have opened up access to enormous oil and gas reserves in North America....
Fear rises in Georgetown as Caracas claims ‘overwhelming’ mandate to exploit deposits in disputed Essequibo region
...Most of the deals were in the energy, tech and financial sectors, according to data from the London Stock Exchange Group....
...Diamondback Energy vowed to hold oil production flat this year, tempering its already modest growth plans and vowing to return more cash to shareholders as operators throttle back on drilling in the Permian...
...Knowingly or not, they are implying that the innovation enabled by robotics, energy storage, artificial intelligence, blockchain technology, and multiomics sequencing will not impact growth meaningfully...
...On Monday, Diamondback Energy swooped in to buy Endeavor Energy Resources for $26bn, including debt....
...“It’s very important for energy security that we have domestic sources of that kind of energy as we go into transition,” he said....
...any new drilling licences in the basin....
...Much ado about Arctic drilling Drilling in the pristine Alaskan Arctic is an emotive subject....
...For example, Google signed an offtake contract in 2021 with Fervo Energy for a geothermal plant in Nevada, which would use drilling techniques perfected by shale oil frackers to produce fossil-free energy...
...Drilling well sites are a major point of methane leakage in the natural gas supply chain, and SNG producers say they can avoid those emissions, since they produce the fuel under controlled conditions....
...Detailed information about the model’s energy use has not been made available....
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