Items Tagged with 'energy development'

With the DOE and NASA doubling down, it’s starting to feel more like science fact... or at least, a very expensive experiment.

The BLM has revived its effort to open more of California’s public lands to oil extraction. But its strategy has changed little since the agency’s earlier attempt in 2019 and drillers may not be interested.

The U.S. Department of Energy is opening the door to as much as $134 million in new funding aimed at strengthening domestic supply chains for rare earth elements

Cloud Data, Streaming Internet, and Artificial Intelligence have needs that require water and energy at increasing demand, which cannot be met without drilling more wells and boreholes throughout the country. 

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

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

The total award includes $125 million in Fiscal Year 2025 funds, with additional amounts contingent on future congressional appropriations. 

Observers will watch not just the volumes secured but the price paid, logistics of transport and storage, and whether larger allocations will follow.

For American miners, the 2025 Mining Armenia Forum is more than a recap of a faraway conference. It’s a mirror. 

The EPA initially proposed the permits in August, followed by a public comment period and a virtual hearing.