NiSource's profit beats expectations for the third quarter on increased demand for electricity
NiSource, an electric and gas utility, beat Wall Street expectations for the third-quarter profits on Wednesday. This was due to higher residential and industrial power demand. The U.S.
US approves major geothermal projects on public land and seeks to support others
The Biden Administration announced on Thursday measures to expand geothermal power on U.S. Public Lands, including the approval of a large project located in Utah and steps to accelerate permits for discovering new resources.
Wood, NERA Team Up for AI-Powered Subsea Inspections
Oil and gas engineering firm Wood has teamed up with National Energy Resources Australia (NERA) to develop and deliver an AI Inspection tool for subsea oil and gas infrastructure.The…
Enabling AI in E&P
Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence…
BHGE to Bring AI to Oilfield
Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to accelerate…
BP Invests in New AI Technology
BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major…
OGIC Invests in New UK Projects
Setting out to help cut operational costs and improve efficiency in the oil and gas industry, the Oil & Gas Innovation Centre (OGIC) has invested more than £300,000 into three new projects.
