oil and gas

Meet 5 startups working to harness the Earth’s heat to save the planet

To tap into the massive amount of heat the Earth generates, enhanced geothermal startups are focused on advanced drilling techniques.

Oil and gas didn’t benefit from investor largesse in recent years — but renewables did

For oil and gas companies, steady rates of investment should be a worrying trend.

Aurora Hydrogen raises $10M, but will its process decarbonize or facilitate tar sand exploitation?

Aurora uses a microwave-based approach to liberate hydrogen from methane.

Look out Putin — Ukrainian woman invents ‘solar for balconies’ to wean Europe off Russian gas

Much has been made of how European countries are, on the one hand, supporting Ukraine in its fight against the heinous and illegal invasion by Russia but at the same time remaining heavily dependent o

Diesel is a horrible thing for an economy to depend on

Want to tame inflation? Start by ditching fossil fuels.

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the wa

Workrise cuts staff, verticals after being valued at $2.9B last year

Austin unicorn Workrise has laid off an unspecified number of employees as it exits several verticals and seeks to divest parts of its business. The company, which has built a workforce management pla

Europe lays out expanded ecodesign rules with plan for digital product passports

The European Union has announced a new bundle of sustainability-focused policy proposals that will expand existing ecodesign rules on energy efficiency by encouraging longer product lifespans, support

China’s AR company Rokid closes $160M Series C to expand globally

Chinese startup Rokid has been through a few stages of transformation over its eight years of existence, and it’s recently raised some new funding to stay afloat. The Temasek-backed company star

Ecosia has started ploughing search ads profit into green energy

Not-for-profit search engine Ecosia has started funnelling a portion of the profits it generates from serving ads against users’ searches into startups in the renewable energy space. This is in

A step forward for CO2 capture

The air we breathe has a carbon problem. But in Hellisheidi, Iceland, a geothermally active plateau just outside of Reykjavik, a new technology is taking a small but mighty step toward fixing it. A pl

Ukrainian police arrest multiple Clop ransomware gang suspects

Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea and the United States. T

Workrise, once known as RigUp, raises $300M at a $2.9B valuation

Workrise, which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by U.K.-based Baillie Gifford that values the

Building tech for worker safety, Guardhat Technologies is a company that could only come from Detroit

Saikat Dey, the founder of Detroit’s own Guardhat Technologies, got his start working in the steel industry. His last job, before founding Guardhat, was serving as the chief executive officer of

Persefoni’s carbon accounting platform raises $9.7 million

The carbon accounting and management platform Persefoni now has $9.7 million more in funding to support its international expansion, product development and recruitment efforts. The round, led by Rice

Andium is watching oil fields for emissions and just got money from the biggest oil companies to do it

Andium, a company focused on remote field monitoring of assets including oil and gas wells has just raised some not-insignificant cash in an investment round led by OGCI Climate Investments, a firm fo

A Supreme Court ruling affirming Canada’s carbon tax opens the door for a startup explosion

Last week the Canadian Supreme Court ruled that the national government’s plan to tax carbon emissions was legal in a decision that could have significant implications for the nation’s cli

Shell’s Gamechanger Accelerator selects three companies for its energy transition accelerator

Yesterday, the European oil and gas major producer Shell announced the latest cohort selected to participate in its Shell GameChanger Accelerator (GCxN), focused on supporting companies developing tec

The Department of Defense is establishing a working group to focus on climate change

The U.S. Department of Defense is setting up a working group to focus on climate change. The new group will be led by Joe Bryan, who was appointed as a special assistant to the Secretary of Defense fo

Mainspring Energy launches its flexible fuel generator with a $150 million NextEra Energy contract

Mainspring Energy, the developer of a new generator technology that use fuels like biogas and hydrogen, has unveiled its Mainspring Linear Generator, with a $150 million contract with NextEra Energy R
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