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European Parliament seeks tighter fossil fuel investment rules
1+ week, 3+ day ago (269+ words) The European Parliament intends to seek tighter restrictions for oil and gas companies that may be classified as “green” investments under updated EU sustainable finance rules. Politico Europe reports, citing a document obtained by the publication. Parliament’s position differs from…...
Quaise Energy raises $180M for superhot geothermal energy
1+ week, 3+ day ago (252+ words) Houston-based American startup Quaise Energy has completed a $180 million Series B funding round to develop superhot geothermal energy technology. Of this amount, $35 million was provided by drilling contractor Nabors Industries, OilPrice reports. Quaise Energy is developing drilling technology using millimeter…...
Significant iron ore deposits confirmed at two sites in Latvia
2+ week, 2+ day ago (271+ words) Geologists have confirmed significant iron ore deposits at two locations in Latvia — near Staicele and Garsene. However, researchers still need to determine how much ore is contained at a depth of about one and a half kilometers, LSM English reports....
Photo: NASA Shows Earth in the Shape of a Potato
3+ week, 4+ day ago (337+ words) NASA has released a visualization of Earth's gravitational field, in which the planet resembles a giant "potato" with protrusions and depressions. However, this is not the Earth’s actual shape, but a highly exaggerated model of the geoid, which reflects the…...