Sunya’s Post

Quaise Energy’s collaboration with Nevada Gold Mines sets a revolutionary milestone: 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐢𝐥𝐨𝐭 𝐭𝐨 𝐫𝐞𝐭𝐫𝐨𝐟𝐢𝐭 𝐚 𝐟𝐨𝐬𝐬𝐢𝐥-𝐟𝐮𝐞𝐥-𝐛𝐚𝐬𝐞𝐝 𝐩𝐨𝐰𝐞𝐫 𝐩𝐥𝐚𝐧𝐭 𝐰𝐢𝐭𝐡 𝐠𝐞𝐨𝐭𝐡𝐞𝐫𝐦𝐚𝐥 𝐞𝐧𝐞𝐫𝐠𝐲. This groundbreaking project not only accelerates the 𝐝𝐞𝐜𝐚𝐫𝐛𝐨𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐦𝐢𝐧𝐢𝐧𝐠 but also demonstrates the immense potential of deep geothermal technology to 𝐫𝐞𝐬𝐡𝐚𝐩𝐞 𝐞𝐧𝐞𝐫𝐠𝐲-𝐢𝐧𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐬𝐞𝐜𝐭𝐨𝐫𝐬. ⚡ By integrating Quaise's groundbreaking millimeter-wave drilling technology 🛠️ , this partnership exemplifies the critical role of collaboration between 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 and 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐠𝐢𝐚𝐧𝐭𝐬 in addressing the urgent need for decarbonization. It highlights how deep geothermal can not only transform energy systems but also redefine what’s possible for high-emission sectors. 🔄 This pilot is more than a project. It’s a bold step toward 𝐡𝐲𝐛𝐫𝐢𝐝𝐢𝐳𝐞𝐝, 𝐠𝐫𝐞𝐞𝐧𝐞𝐫 𝐩𝐨𝐰𝐞𝐫 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 on a global scale, turning vision into action for a cleaner, more sustainable energy future. 🚀 🌱 Congratulations to our portfolio company #QuaiseEnergy and to Nevada Gold Mines for showcasing how collaboration can drive impactful change and accelerate the energy transition. 💪 Link for the full presse release 👉 https://lnkd.in/eck3RnZM #GeothermalEnergy #EnergyTransition #decarbonization #SustainablePartnerships #ClimateAction #CleanEnergy #SustainableMining

A deep geothermal pilot plant for the single largest gold-producing complex in the world. Quaise and the Barrick-operated Nevada Gold Mines (NGM), a joint venture with Newmont Corporation, are exploring additional decarbonization of NGM’s TS Power Plant by using geothermal heat from NGM’s land and subsurface holdings to hybridize on-site power generation. “We continue to pursue initiatives that economically reduce our reliance on carbon-based electricity sources,” said Henri Gonin, Managing Director of Nevada Gold Mines. “Quaise offers a unique prospective solution to hybridize our on-site power generation with clean geothermal heat.” The partnership underscores the unique capabilities of deep geothermal to decarbonize heavy industrial sectors like #mining, and marks the first commercial pilot for retrofitting a fossil fuel power plant to accommodate #geothermal heat. Read the full press release below. https://lnkd.in/eck3RnZM

Energy Transfer Snapping Up Permian Assets in $3.25B Deal for WTG Midstream https://ift.tt/DVR4mAr Energy Transfer LP is expanding its access to Permian Basin natural gas and natural gas liquids (NGL) in a $3.25 billion deal to acquire WTG Midstream Holdings LLC from a subsidiary of independent Diamondback Energy Inc. and investment firm Stonepeak. Private midstreamer WTG primarily operates in the Permian’s prolific Midland sub-basin. Through the deal, Energy Transfer would gain more than 6,000 miles of natural gas gathering pipelines spanning some of the most active areas of West Texas. “The addition of WTG assets is expected to provide Energy Transfer with increased access to growing supplies of natural gas and NGL volumes enhancing the partnership’s Permian operations and downstream businesses,” Energy Transfer said.  [Data Center Demand: How is the growth in artificial intelligence and data centers expected to impact the natural gas industry? What obstacles and opportunities lie ahead to serve the power-hungry facilities? Tune in to NGI’s podcast to learn more.] The Dallas-based midstreamer also is acquiring eight gas processing plants with a combined capacity of about 1.3 Bcf/d. Two additional plants to add 400 MMcf/d of capacity are under construction and expected to be online later this year and in the second half of 2025.  Midland, TX-based WTG is held 25% by Diamondback subsidiary Rattler Midstream LP. Diamondback said it expected to net $375 million from the transaction, which would help to fund its $26 billion merger with Endeavor Energy Resources LP. In addition, Diamondback management during a recent quarterly earnings call underscored a need for expanding egress for the Permian as producers in the region have grappled with low natural gas prices. Permian benchmark Waha prices have hovered below $2.000/MMBtu throughout most of the year, but dropped below $1.000 this past winter as temperatures were exceptionally mild. Prices continued to plummet with the onset of spring, hitting a year-to-date average low of negative $4.595 in early May. With early-summer heat starting to become more widespread across Texas and export demand ratcheting higher following maintenance, Waha moved back to the positive side of the ledger at an average 22.0 cents in Friday (May 24) trading. What’s more, NGI’s Forward Look shows Waha averaging around $2.900 for this winter and at $2.590 for 2025. The WTG deal also would give Energy Transfer a 20% stake in the 425-mile BANGL pipeline, a joint venture between WhiteWater Midstream LLC, MPLX LP, WTG and Rattler. The pipeline flows NGLs from the Permian’s Delaware and Midland’s sub-basins to the fractionation market in Sweeney, TX, on the Gulf Coast. It has an expansion capacity of up to 300,000 b/d, according to WhiteWater. The post Energy Transfer Snapping Up Permian Assets in $3.25B Deal for WTG Midstream appeared first on Natural Gas Intelligence EXEDRA via Daily GPI – Natural Gas Inte...

Today, the Alberta government announced a $50 million investment in the Alberta Drilling Accelerator (ADA) — Canada’s first testbed for cutting-edge drilling technologies. This initiative is set to position Alberta as a global leader in advanced drilling innovation and geothermal development. This announcement took place at Leduc #1, where Alberta struck oil 77 years ago, marking the beginning of Alberta’s energy legacy. It’s a fitting location for the ADA, an initiative designed to leverage Alberta’s oil and gas expertise to create and scale new technologies, including advanced geothermal solutions.   The ADA’s open-access, technology-agnostic platform will help advance techniques critical for industries like geothermal, helium, critical minerals, and carbon capture. Companies, including Eavor Technologies Inc., will benefit from the opportunity to test solutions in challenging environments. This investment highlights Alberta’s commitment to drive clean tech innovation and economic progress. By fostering advancements in drilling technology, the ADA will create jobs, attract investment, and help drive the energy transformation. https://lnkd.in/gFzzKqRz 

Energy Transfer is set to expand its presence in the Permian Basin by acquiring WTG Midstream Holdings for $3.25 billion. This acquisition, announced on May 28, is part of a broader trend in the midstream sector aimed at reducing costs and gaining access to key oil and gas regions, including the U.S. Gulf Coast export facilities. The deal, which is expected to close in the third quarter of 2024, includes $2.45 billion in cash and 50.8 million newly issued Energy Transfer shares. Diamondback Energy, which holds a 25% stake in WTG, will receive about $375 million from this transaction. WTG's assets include a 6,000-mile pipeline network, eight processing plants with a total capacity of 1.3 billion cubic feet per day, and two additional plants under construction. The acquisition also encompasses a 20% interest in the 425-mile BANGL Pipeline, enhancing connectivity from the Permian Basin to the Texas Gulf Coast. Energy Transfer expects the WTG assets to boost distributable cash flow per share by nearly $0.04 in 2025, growing to $0.07 per share by 2027. This acquisition follows Energy Transfer's recent purchases of Crestwood Equity Partners, Lotus Midstream, and NuStar Energy L.P., further solidifying its position in the industry. The company is also one of three considering building a deepwater port along the Texas coast and anticipates receiving a draft Environmental Impact Statement for its offshore terminal this quarter. https://lnkd.in/gqB93vaF

𝙀𝙣𝙚𝙧𝙜𝙮 𝙏𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝘼𝙙𝙫𝙖𝙣𝙘𝙚𝙨 𝙈𝙖𝙟𝙤𝙧 𝙋𝙞𝙥𝙚𝙡𝙞𝙣𝙚 𝙋𝙧𝙤𝙟𝙚𝙘𝙩 𝙞𝙣 𝙏𝙚𝙭𝙖𝙨 Energy Transfer LP has finalized its decision to construct the Hugh Brinson Pipeline, a major intrastate natural gas project in Texas. Named to honor Hugh Brinson Warren, the pipeline will connect the Permian Basin's production to key markets, addressing the increasing natural gas demand. 𝑷𝒓𝒐𝒋𝒆𝒄𝒕 𝑫𝒆𝒕𝒂𝒊𝒍𝒔: 𝑷𝒉𝒂𝒔𝒆𝒔: The project will roll out in two phases. The first includes building approximately 400 miles of 42-inch pipeline, which is expected to be operational by the end of 2026. The second phase will expand capacity to 2.2 billion cubic feet per day, contingent on demand. Investment: The combined investment for both phases is projected at $2.7 billion, supported by long-term agreements with investment-grade counterparties. 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒄 𝑰𝒎𝒑𝒂𝒄𝒕: This pipeline is set to enhance Texas’s capacity to support growing energy needs, particularly for power plants and data centers, and connect to Energy Transfer’s extensive pipeline and storage network. Energy Transfer's initiative reflects its commitment to bolstering energy infrastructure, ensuring efficient distribution across the state and beyond. What implications will this project have on the energy market and regional development? #EnergyInfrastructure #NaturalGas #PermianBasin #TexasEnergy #HughBrinsonPipeline https://lnkd.in/gJ6qs7Ds

🚨 Breaking Pipeline News 🚨 Energy Transfer LP has greenlit the Hugh Brinson Pipeline, a new natural gas conduit set to transport energy from the heart of the Permian Basin. Announced on December 6, 2024, this pipeline marks a pivotal expansion in the region's infrastructure, and another blow to the green new deal that continues to prove unreliable. The pipeline, stretching approximately 400 miles from Waha to Maypearl, Texas, will initially boast a capacity of 1.5 billion cubic feet per day (Bcf/d). With an eye on future demand, Phase II of the project promises to increase this to 2.2 Bcf/d. The construction will be in two phases, leveraging existing infrastructure to connect Permian Basin production to various markets efficiently. This project, previously known as the Warrior Pipeline, has secured long-term, fee-based commitments from strong investment-grade counterparties, ensuring a stable financial foundation. The Hugh Brinson Pipeline isn't just about moving gas; it's about enhancing energy security and economic growth. It's a move that could reshape the distribution landscape in Texas, providing a new artery for the natural gas reserves of the Permian Basin. With this development, Energy Transfer LP continues to solidify its role as a major player in the energy transportation sector, promising to keep the energy flowing where it's needed most.

As a (former) geologist, I have a deep interest in mines. So, when I saw this article on the use of mine shafts at Mt Isa in Queensland, my attention was immediately gained! It is an interesting idea to use the gravitational energy that could be stored in the abandoned shafts and Green Gravity is giving it a go. Good on them! https://lnkd.in/gjMqZv-s #renewableenergy #renewables #renewablepower #renewablenergy #greenenergy #pumpedstorage #pumpedhydro #hydropower #gravitationalenergy #storedenergy #energygrid #transmission #energytransmission

🚀 Excited to share our latest article on LinkedIn! 🛢️ "Navigating Infrastructure Challenges of Growing Permian NGL Production" sheds light on the remarkable expansion of U.S. hydrocarbon production, particularly in the Permian shale play. Despite volatile natural gas prices, Permian gas production continues to surge, posing infrastructure challenges. 📈 This article quantifies asset utilizations across the Permian NGL value chain and offers insights into future midstream capacity additions. From gas processing to NGL pipeline take-away and fractionation, we analyze critical points along the value chain. 🔍 Key questions addressed: Is there enough capacity to protect commodity value? What commercial strategies can mitigate risk? How rapidly can this landscape change, and how do we stay ahead? 🔬 Stay tuned for upcoming articles diving deeper into each sector of the value chain. Enkon provides comprehensive analysis and insights to help navigate the evolving energy landscape. 💼 For detailed analysis on Permian NGL and Mont Belvieu fractionation outlook, and to assess investment risk in this sector, reach out to [email protected]. Don't forget to subscribe to our articles for weekly updates! #PermianNGL #EnergyInfrastructure #EnkonEnergyAdvisors #OilAndGasConsulting #EnergyTransition 🌐

#Mining #DecarbonizingMining #SolarPower #WindPower #Australia #MineralsAndMetalsGroup #MMG #DugaldRiverMine #DugaldRiverSolarFarm #KnapdaleRange "One of the world’s biggest zinc mines – the Dugald River project in north-west Queensland – is planning to build a substantial behind the meter wind farm to help it slash its crippling energy costs. The mine currently sources most of its power from the Diamantina gas generator near Mount Isa, although it is also now sourcing around one third of its power needs from the newly expanded 88 MW Dugald River solar farm, (pictured above) which also services other big mining operations in the area. However, energy costs are still too high, so the Dugald River mine owner, the Chinese based Minerals and Metals Group, wants to build a 48 megawatt wind farm – behind the meter – to service another 40 per cent of its electricity needs. “The (mine) currently source electricity from the gas fired Diamantina Power Station and the Dugald River Solar Farm. Energy is currently the highest operating cost for (the mine) DRM and is subject to high pricing variability,” the company says in its EPBC application filed with the federal environment department.. “A combination of renewable energy sources will reduce operational costs and stabilise price volatility. These combined outcomes will improve the financial sustainability of the operation, whilst providing positive environmental outcomes in the form of reduced emissions.” The proposal is for eight wind turbines, and the mining company says it has chosen the GW 165-5.2/5.6/6.0MW model, with a hub height of 130 metres and a tip height of 212 metres. They will be sited on elevated positions on the Knapdale Range, within the mine boundaries. “The intent of the wind farm is to meet the existing electrical demand from the Project only. MMG has no intention, at the present time, to export power to the grid,” the company says. “However, future expansions of the wind farm have the potential to provide power to the wider region, resulting in significant emission reductions. These may be investigated in future, subject to viability and additional approvals.” The Dugald River mine is ranked as one of the 10 biggest in the world, and the company says it employs around 500 employees and contractors on a mix of fly-in, fly-out and local residential basis. ..."