ALPHAXIOMS Geothermal News & Energy Research

Chevron CEO Sees Growing Potential in Biofuels and Geothermal Energy Posted by  Robert Buluma | December 11, 2025 The energy world is changing fast, and Chevron, one of the oldest and largest oil companies on the planet, is not sitting on the sidelines. In a recent wide-ranging interview with The Wall Street Journal, Chevron CEO Mike Wirth made it clear: the company sees major, long-term growth in two areas that have nothing to do with crude oil,biofuels and geothermal energy. For a company built on drilling for hydrocarbons, this pivot toward heat from the Earth’s core and fuels grown from plants is nothing short of remarkable. From Black Gold to Green Heat: Why Chevron Is Betting Big on Geothermal Geothermal energy has long been the quiet, reliable cousin in the renewable family,always there, rarely flashy, but suddenly very attractive. Unlike solar panels that go dark at night or wind turbines that stop when the air is still, geothermal plants deliver steady, 24/7 baseload p...

 Unveiling Indonesia's Geothermal Potential: A Powerhouse Partnership Igniting Sustainable Energy Solutions By: Robert Buluma In the heart of Southeast Asia lies a land of untapped energy potential, where the earth's heat silently beckons to be harnessed for the greater good. Indonesia, known for its rich natural landscapes, is now stepping into the spotlight of sustainable energy with a groundbreaking collaboration between Ignis H2 Energy and Imeco Inter Sarana. Picture this: a strategic partnership fueled by innovation and expertise, aimed at unlocking the vast geothermal opportunities nestled within Indonesia's diverse terrain. Ignis H2 Energy, a Houston-based pioneer in geothermal exploration, joins forces with Jakarta's own Imeco Inter Sarana, a powerhouse in local capabilities and market knowledge. Together, they embark on a mission to fast-track the development of geothermal resources, paving the way for a greener, more sustainable future. What makes this partner...

Biden Administration Invests $60M in Geothermal Energy Projects In a significant move towards combating climate change and promoting renewable energy, the Biden administration has allocated $60 million towards three geothermal energy pilot projects. Geothermal energy harnesses the heat from the Earth's core, providing a carbon-free source of power that doesn't emit greenhouse gases. This investment aims to demonstrate the viability of utilizing geothermal energy on a larger scale, paving the way for cleaner and more sustainable energy solutions. Details of the Projects: The three projects selected to receive federal funding are diverse in location and scope. The Chevron New Energies project in California, the Fervo Energy project in Utah, and the Mazama Energy project in Oregon will each play a crucial role in showcasing the effectiveness of geothermal energy from man-made reservoirs. These initiatives are not only aimed at generating electricity but also at providing heat for ...

From Barrels To Steam, How Oil and Gas ⛽ Companies are Craving for More Steam In a bold move towards sustainability and diversification, several major oil and gas companies are shifting their focus towards geothermal energy. This strategic shift signifies not only a response to the growing demand for clean energy but also a recognition of the potential of geothermal resources as a reliable and renewable energy source. Let's delve into the recent developments and initiatives taken by key players in the oil and gas industry towards embracing geothermal energy: ExxonMobil's Exploration into Enhanced Geothermal Systems (EGS) ExxonMobil's Chairman and CEO, Darrel Woods, recently hinted at the company's interest in Enhanced Geothermal Systems (EGS). This technology involves drilling deep into the earth's crust to access heat reservoirs and utilizing hydraulic fracturing techniques to enhance heat extraction. By leveraging their expertise in drilling and reservoir engineer...