Gran Canaria’s Geothermal Push Enters New Phase as Drilling Tender Preparations Begin By: Robert Buluma Gran Canaria’s geothermal ambitions are rapidly moving from theoretical exploration toward real industrial development. In a major development for Spain’s renewable energy sector, the Cabildo of Gran Canaria has intensified efforts to unlock underground geothermal resources while preparations quietly advance for what could become one of the Canary Islands’ most important clean energy drilling campaigns. The latest momentum comes as the Cabildo formally seeks another permit to investigate geothermal resources across strategic areas of the island. At the same time, authorities and project partners are preparing technical tender documents for exploratory geothermal drilling operations expected to begin in the coming development phases. Together, these developments signal that geothermal energy is no longer being treated as a distant scientific possibility in Gran Canaria. It is ...
Occidental Petroleum and Berkshire Hathaway Join Forces to Revolutionize Lithium Extraction from Geothermal Brine By: Robert Buluma In an exciting development for the energy sector, Occidental Petroleum (Oxy) has announced a groundbreaking joint venture with Berkshire Hathaway to commercialize direct lithium extraction (DLE) from geothermal brine in California's Salton Sea. This initiative represents a significant step towards sustainable lithium production, leveraging cutting-edge technology and the vast geothermal resources of the region. A Game-Changing Partnership Occidental Petroleum, a Houston-based oil and gas giant, is collaborating with its largest shareholder, Berkshire Hathaway, to tap into the lucrative and essential market of lithium production. This partnership is set to utilize geothermal waste brine, a byproduct from Berkshire’s extensive network of geothermal plants, as the primary feedstock for lithium extraction. The Salton Sea, home to 10 geothermal plants owne...