Energy & Industrial Drilling

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Global efforts to transition toward renewable energy are accelerating, and long-term forecasts suggest oil demand could plateau or decline beyond the 2030s.

Progress is expected to be slow, with regulatory clarity and global pricing playing central roles in shaping future investment decisions.

A new report from the International Energy Agency says renewable energy is surging ahead, but natural gas demand could peak five years later than it forecasted last year.

Speedcast has integrated Starlink’s High Throughput Service into COSL Drilling’s fleet, boosting offshore connectivity. The upgrade improves speed, reliability, and support for remote operations and crew welfare.

As the world looks for reliable and emissions-free energy options, this project in Oregon might just prove that the key to a sustainable future lies deep beneath our feet - in the same fiery forces that once shaped the land.

“Progress is not measured by what we shut down but by what we build,” she said. “We do not need a movement defined by refusal; we need one defined by improvement, innovation and balance.”

Between 2013 and 2024, forced-outage rates for coal exceeded those for other major sources of electricity, including gas, nuclear and hydroelectric power, according to a report by the North American Electric Reliability Corporation.

With this BABAA determination, system integrators, panel builders, and distributors gain access to products that facilitate compliance, reinforce supply chain stability, and enable eligibility for federal funding while supporting domestic economic growth.

The projects selected through this program will be managed by the National Energy Technology Laboratory under DOE’s Office of Fossil Energy.