Innovation

Pioneer Natural Resources sticks with plan to increase Permian drilling

Internal rates of return are still excellent despite low oil prices, says Pioneer Natural Resources Pioneer Natural Resources isn’t backing down from its plan to significantly increase drilling in the Permian Basin, despite a drop in the price of oil by 20 per cent in recent weeks. “[I]nternal rates of return are most important in

Pioneer Natural Resources sticks with plan to increase Permian drilling Read More »

SunRun IPO, SunEdison deal for Vivint scare investors, even as solar heats up

SunRun IPO raised $250M, but shares fell 13 per cent Wednesday NEW YORK – A string of deals involving rooftop solar companies has shown both the appeal and potential of the business, and limits to investor enthusiasm. SunRun, the San Francisco-based solar financing pioneer, raised $250 million in an initial public offering Wednesday, but shares fell 13

SunRun IPO, SunEdison deal for Vivint scare investors, even as solar heats up Read More »

HitchBOT creators mull rebuild after it was destroyed in US

HitchBOT destroyed in Philadelphia TORONTO – Collapsed among trash and dead leaves, its arms ripped off and its skull and brain nowhere in sight, the talking and tweeting hitchhiking robot from Canada met its untimely end in Philadelphia over the weekend. But there may be another chance at life for the child-sized travelling robot. HitchBOT’s co-creators Frauke

HitchBOT creators mull rebuild after it was destroyed in US Read More »

HitchBOT the hitch hiking robot dies on the mean streets of Philadelphia

HitchBOT, a hitchhiking robot that captured the hearts of fans worldwide, met its demise in the U.S. The Canadian researchers who created HitchBOT as a social experiment told The Associated Press that someone in Philadelphia damaged the robot beyond repair early Saturday, ending its first American tour after about two weeks. “Sadly, sadly it’s come to

HitchBOT the hitch hiking robot dies on the mean streets of Philadelphia Read More »

Advanced nuclear reactor concepts get new funding from American govt

Advanced nuclear reactor innovations could be key source of American clean energy American Department of Energy is funding a series of investments in advanced nuclear reactor concepts it hopes will be demonstrated 20 years from now. The Energy Department released a funding opportunity announcement Friday. Acting Assistant Secretary for Nuclear Energy John Kotek says the funding

Advanced nuclear reactor concepts get new funding from American govt Read More »

Two Canadian provinces agree to tidal energy partnership MOU

Tidal energy deal will bring together public, private stakeholders HALIFAX, NOVA SCOTIA – Two Canadian sea-side provinces, Nova Scotia and British Columbia, are partnering to develop tidal energy on Canada’s Atlantic and Pacific coasts. A memorandum of understanding, signed by representatives from both provinces today at a conference bringing together provincial energy and mines ministers in Halifax, says the provinces

Two Canadian provinces agree to tidal energy partnership MOU Read More »

Radio frequency tech tested for producing Suncor oil sands bitumen

Pilot project led by Suncor could dramatically reduce carbon emissions, costs for in situ bitumen production Suncor Energy is testing a new radio frequency technology combined with solvent that could eliminate steam from its oil sands production and reduce energy use by 75 per cent, the company announced Tuesday. Suncor, Canada’s largest energy company, says

Radio frequency tech tested for producing Suncor oil sands bitumen Read More »

How oil and gas industry is using technology to save water

More efficient water use is win-win-win for oil and gas producers, communities Once considered hopelessly dependent on foreign imports, the United States has recently emerged as the world’s largest oil and gas producer. The “shale revolution”—made possible by technologies such as horizontal drilling and hydraulic fracturing (fracking)—has changed not only America’s energy landscape, but also

How oil and gas industry is using technology to save water Read More »