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Enbridge Makes FID on Algonquin Gas Transmission Enhancement Project

Enbridge Inc. said it has reached a final investment decision on the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement). Enbridge signed a commercial agreement for AGT Enhancement, which is expected to increase deliveries on the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast, the company said in a news release. Once completed, AGT Enhancement will deliver approximately 75 million cubic feet per day (Mmcfpd) of incremental natural gas, under long-term contracts, to “investment-grade counterparties” in the U.S. Northeast, where natural gas is a key component of the energy mix in the region, Enbridge said. The project is designed to increase reliable supply and improve affordability by reducing winter price volatility for customers, the company stated. Enbridge said it expects to invest $0.3 billion in system upgrades within, or adjacent to, existing rights-of-way. Subject to the timely receipt of the required government and regulatory approvals, the company expects to complete AGT Enhancement in 2029. FID on Eiger Express Pipeline Further, through its Matterhorn joint venture, Enbridge said it also reached a final investment decision on the Eiger Express Pipeline, a pipeline with capacity of up to 2.5 billion cubic feet per day (Bcfpd) from the Permian Basin to the Katy area to serve the growing U.S. Gulf Coast liquefied natural gas (LNG) market, according to the release. The pipeline is designed to transport up to 2.5 Bcfpd of natural gas through approximately 450 miles of 42-inch pipeline from the Permian Basin in West Texas to the Katy area, the release said. Upon the expected completion of Eiger in 2028, Enbridge said it expects to own a “meaningful equity interest” in up to 10 Bcfpd of long-haul Permian Basin egress pipeline capacity that is connected to key storage facilities and LNG export hubs along the

Read More »

Who Are The Top USA Land Drillers and Customers?

In a statement sent to Rigzone recently by the Enverus team, Enverus announced that it has released its “updated list of top drillers and customer rankings in the United States”. According to the complete Enverus list of ‘Top U.S. Land Drillers of 1Q25 by Footage’, which was accessed by Rigzone, Helmerich & Payne, Inc. took the top spot, with a total drilled measured depth of 16.4 million feet, a well count of 859, and an average rig count of 146. Patterson-UTI Drilling Company took second place in this list – with a total drilled measured depth of 10.7 million feet, 540 wells, and an average rig count of 98 – Nabors Industries, Ltd. was third – with a total drilled measured depth of 7.1 million feet, 366 wells, and an average rig count of 60 – Ensign Energy Services, Inc. came in fourth – with a total drilled measured depth of 3.4 million feet, 206 wells, and an average rig count of 33 – and Precision Drilling Corporation ranked fifth – with a total drilled measured depth of 3.2 million feet, 180 wells and an average rig count of 28. According to the complete Enverus list of ‘Top U.S. Land Drilling Customers of 1Q25 by Footage’, which was also accessed by Rigzone, Exxon ranked first, with a total drilled measured depth of 5.0 million feet, a well count of 225, and an average rig count of 36. EOG came in second place on this list – with a total drilled measured depth of 3.5 million feet, 167 wells, and an average rig count of 24 – ConocoPhillips ranked third – with a total drilled measured depth of 3.4 million feet, 184 wells, and an average rig count of 32 – Occidental was fourth – with a total drilled measured depth

Read More »

Wison Signs EPCIC Contract for Sakarya Gas Project Offshore Turkiye

Wison New Energies said it signed an engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Turkish Petroleum Corporation (TPAO) for the floating production unit (FPU) project in phase 3 of the Sakarya Gas Field off the coast of Turkiye. As a flagship project in Türkiye’s national energy strategy, the phase 3 development of the Sakarya Gas Field will “significantly enhance the country’s energy self-sufficiency, reduce its dependence on natural gas imports, and boost domestic gas supply capacity,” Wison said in a news release. Located approximately 105.6 miles (170 kilometers) offshore in the Black Sea at a water depth of 2,150 meters, the Sakarya Gas Field was discovered in August 2020 with proven gas reserves of 14.3 trillion cubic feet (405 billion cubic meters), according to the release. The field, which is Türkiye’s largest-ever natural gas discovery, is being developed in three phases by TPAO. As a centerpiece of phase 3, the FPU has to meet the Black Sea’s challenging conditions, including navigating the Bosphorus Strait’s 56-meter air draft restriction, Wison said. The FPU will be designed with a gas export rate of 883 million standard cubic feet per day, a produced water treatment capacity of 1,350 cubic square meters per day, and a monoethylene glycol (MEG) regeneration and injection capacity of 2,503 cubic meters per day for hydrate inhibition, with a minimum 30-year design life, the company said. Wison Chairman Liu Hongjun said, “This collaboration represents a major milestone in Wison’s internationalization strategy and another significant breakthrough in our deepwater engineering capabilities. We look forward to supporting the goals of the Sakarya Gas Field through innovative floating solutions and efficient resource integration, contributing to the advancement of Turkey’s energy sector”. TPAO CEO Ahmet Turkoglu said, “We are pleased to collaborate with Wison New Energies to advance the Sakarya phase

Read More »

Putin says organ transplants could grant immortality. Not quite.

This week I’m writing from Manchester, where I’ve been attending a conference on aging. Wednesday was full of talks and presentations by scientists who are trying to understand the nitty-gritty of aging—all the way down to the molecular level. Once we can understand the complex biology of aging, we should be able to slow or prevent the onset of age-related diseases, they hope. Then my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying, according to footage livestreamed by CCTV to multiple media outlets. “With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. SERGEI BOBYLEV, SPUTNIK, KREMLIN POOL PHOTO VIA AP There’s a striking contrast between that radical vision and the incremental longevity science presented at the meeting. Repeated rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon.
First, back to Putin’s proposal: the idea of continually replacing aged organs to stay young. It’s a simplistic way to think about aging. After all, aging is so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Having said that, there may be some merit to the idea of repairing worn-out body parts with biological or synthetic replacements. Replacement therapies—including bioengineered organs—are being developed by multiple research teams. Some have already been tested in people. This week, let’s take a look at the idea of replacement therapies.
No one fully understands why our organs start to fail with age. On the face of it, replacing them seems like a good idea. After all, we already know how to do organ transplants. They’ve been a part of medicine since the 1950s and have been used to save hundreds of thousands of lives in the US alone. And replacing old organs with young ones might have more broadly beneficial effects. When a young mouse is stitched to an old one, the older mouse benefits from the arrangement, and its health seems to improve. The problem is that we don’t really know why. We don’t know what it is about young body tissues that makes them health-promoting. We don’t know how long these effects might last in a person. We don’t know how different organ transplants will compare, either. Might a young heart be more beneficial than a young liver? No one knows. And that’s before you consider the practicalities of organ transplantation. There is already a shortage of donor organs—thousands of people die on waiting lists. Transplantation requires major surgery and, typically, a lifetime of prescription drugs that damp down the immune system, leaving a person more susceptible to certain infections and diseases. So the idea of repeated organ transplantations shouldn’t really be a particularly appealing one. “I don’t think that’s going to happen anytime soon,” says Jesse Poganik, who studies aging at Brigham and Women’s Hospital in Boston and is also in Manchester for the meeting. Poganik has been collaborating with transplant surgeons in his own research. “The surgeries are good, but they’re not simple,” he tells me. And they come with real risks. His own 24-year-old cousin developed a form of cancer after a liver and heart transplant. She died a few weeks ago, he says. So when it comes to replacing worn-out organs, scientists are looking for both biological and synthetic alternatives.   We’ve been replacing body parts for centuries. Wooden toes were used as far back as the 15th century. Joint replacements have been around for more than a hundred years. And major innovations over the last 70 years have given us devices like pacemakers, hearing aids, brain implants, and artificial hearts.

Scientists are exploring other ways to make tissues and organs, too. There are different approaches here, but they include everything from injecting stem cells to seeding “scaffolds” with cells in a lab. In 1999, researchers used volunteers’ own cells to seed bladder-shaped collagen scaffolds. The resulting bioengineered bladders went on to be transplanted into seven people in an initial trial.  Now scientists are working on more complicated organs. Jean Hébert, a program manager at the US government’s Advanced Research Projects Agency for Health, has been exploring ways to gradually replace the cells in a person’s brain. The idea is that, eventually, the recipient will end up with a young brain. Hébert showed my colleague Antonio Regalado how, in his early experiments, he removed parts of mice’s brains and replaced them with embryonic stem cells. That work seems a world away from the biochemical studies being presented at the British Society for Research on Ageing annual meeting in Manchester, where I am now. On Wednesday, one scientist described how he’d been testing potential longevity drugs on the tiny nematode worm C. elegans. These worms live for only about 15 to 40 days, and his team can perform tens of thousands of experiments with them. About 40% of the drugs that extend lifespan in C. elegans also help mice live longer, he told us. To me, that’s not an amazing hit rate. And we don’t know how many of those drugs will work in people. Probably less than 40% of that 40%. Other scientists presented work on chemical reactions happening at the cellular level. It was deep, basic science, and my takeaway was that there’s a lot aging researchers still don’t fully understand. It will take years—if not decades—to get the full picture of aging at the molecular level. And if we rely on a series of experiments in worms, and then mice, and then humans, we’re unlikely to make progress for a really long time. In that context, the idea of replacement therapy feels like a shortcut.
“Replacement is a really exciting avenue because you don’t have to understand the biology of aging as much,” says Sierra Lore, who studies aging at the University of Copenhagen in Denmark and the Buck Institute for Research on Aging in Novato, California. Lore says she started her research career studying aging at the molecular level, but she soon changed course. She now plans to focus her attention on replacement therapies. “I very quickly realized we’re decades away [from understanding the molecular processes that underlie aging],” she says. “Why don’t we just take what we already know—replacement—and try to understand and apply it better?” So perhaps Putin’s straightforward approach to delaying aging holds some merit. Whether it will grant him immortality is another matter. This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here.

Read More »

Analysts Reveal OPEC+ Expectation

In a report sent to Rigzone on Wednesday by the Standard Chartered team, Standard Chartered Bank analysts said they expect OPEC+ “to continue focusing on compliance”. The analysts highlighted in the report that “the OPEC+ nine is scheduled to meet virtually” this Sunday, adding that “the unwinding of the November 2023 tranche of voluntary output cuts will be complete with September loadings”. “Attention will then focus on the April 2023 tranche, which totals 1.66 million barrels per day,” the analysts noted. They went on to state in the report that “there is no pressing requirement to address the unwinding of this tranche yet”, adding that they “expect members to do so only if balances and forward curves appear supportive of adding further barrels to the market”. “Instead, we expect the communication to focus on compliance,” they continued. The Standard Chartered Bank analysts stated in the report that the market “shrugged off the higher than expected rises delivered by the OPEC+ eight earlier this year” but warned that “any headlines on the potential return of the April 2023 tranche of barrels are likely to cause short-term softness”. “However, we believe the number of actual returning barrels will be significantly less than any nominal value, given capacity constraints and over-production compensation schedules, and will in fact start to expose the impending tightness in spare capacity,” the analysts added. In a report sent to Rigzone on Thursday, Aaron Hill, Chief Strategist of FP Markets, said “oil markets … took a sizeable hit on Wednesday, down more than 2.0 percent amid concerns that OPEC+ could boost supply again, raising concerns about a potential supply glut”. In a market analysis sent to Rigzone on the same day, Ahmad Assiri, Research Strategist at Pepperstone, said “oil sold off, WTI down 2.6 percent and Brent -2.4 percent,

Read More »

Anaergia Bags Second Italian Job from Bioenerys

Anaergia Inc., through Anaergia S.r.l., has secured a new deal with a Bioenerys subsidiary to enlarge and enhance the latter’s anaerobic digestion facility in Ariano nel Polesine, in northern Italy. The new deal is in addition to the previous contract awarded by Bioenerys in Moglia, Italy, that involves similar facility optimizations. Similar to the Moglia enhancement, the new work will boost the processing capacity for agricultural waste and more than double the amount of biomethane introduced into the grid, enhancing Bioenerys’ position as a significant renewable energy supplier, Anaergia said. “Anaergia’s proven technology is now to be utilized in two different plants of Bioenerys”, Andrea Sgorbini, CEO of Bioenerys’ Agricultural Residues division, said. “This will strengthen Bioenerys’ role as a key provider of sustainable solutions for farmers and agricultural residue producers, while greatly boosting our renewable energy output”. “Anaergia’s suite of proven solutions puts us in an unparalleled position to help our clients meet their objectives”, Assaf Onn, CEO of Anaergia, said. The Ariano nel Polesine upgrade is expected to be completed by the end of 2026, Anaergia said. Anaergia expects to generate CAD 11 million ($7.9 million) in revenue from the new contract. Earlier Anaergia finalized an agreement with Norbiogas Renovables, a branch of the Nortegas Group, a prominent Spanish firm focused on renewable gas infrastructure initiatives. Anaergia said it will provide a full range of services and employ its cutting-edge, tested technology for a new anaerobic digestion facility. To contact the author, email [email protected] What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network. The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community

Read More »

Enbridge Makes FID on Algonquin Gas Transmission Enhancement Project

Enbridge Inc. said it has reached a final investment decision on the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement). Enbridge signed a commercial agreement for AGT Enhancement, which is expected to increase deliveries on the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast, the company said in a news release. Once completed, AGT Enhancement will deliver approximately 75 million cubic feet per day (Mmcfpd) of incremental natural gas, under long-term contracts, to “investment-grade counterparties” in the U.S. Northeast, where natural gas is a key component of the energy mix in the region, Enbridge said. The project is designed to increase reliable supply and improve affordability by reducing winter price volatility for customers, the company stated. Enbridge said it expects to invest $0.3 billion in system upgrades within, or adjacent to, existing rights-of-way. Subject to the timely receipt of the required government and regulatory approvals, the company expects to complete AGT Enhancement in 2029. FID on Eiger Express Pipeline Further, through its Matterhorn joint venture, Enbridge said it also reached a final investment decision on the Eiger Express Pipeline, a pipeline with capacity of up to 2.5 billion cubic feet per day (Bcfpd) from the Permian Basin to the Katy area to serve the growing U.S. Gulf Coast liquefied natural gas (LNG) market, according to the release. The pipeline is designed to transport up to 2.5 Bcfpd of natural gas through approximately 450 miles of 42-inch pipeline from the Permian Basin in West Texas to the Katy area, the release said. Upon the expected completion of Eiger in 2028, Enbridge said it expects to own a “meaningful equity interest” in up to 10 Bcfpd of long-haul Permian Basin egress pipeline capacity that is connected to key storage facilities and LNG export hubs along the

Read More »

Who Are The Top USA Land Drillers and Customers?

In a statement sent to Rigzone recently by the Enverus team, Enverus announced that it has released its “updated list of top drillers and customer rankings in the United States”. According to the complete Enverus list of ‘Top U.S. Land Drillers of 1Q25 by Footage’, which was accessed by Rigzone, Helmerich & Payne, Inc. took the top spot, with a total drilled measured depth of 16.4 million feet, a well count of 859, and an average rig count of 146. Patterson-UTI Drilling Company took second place in this list – with a total drilled measured depth of 10.7 million feet, 540 wells, and an average rig count of 98 – Nabors Industries, Ltd. was third – with a total drilled measured depth of 7.1 million feet, 366 wells, and an average rig count of 60 – Ensign Energy Services, Inc. came in fourth – with a total drilled measured depth of 3.4 million feet, 206 wells, and an average rig count of 33 – and Precision Drilling Corporation ranked fifth – with a total drilled measured depth of 3.2 million feet, 180 wells and an average rig count of 28. According to the complete Enverus list of ‘Top U.S. Land Drilling Customers of 1Q25 by Footage’, which was also accessed by Rigzone, Exxon ranked first, with a total drilled measured depth of 5.0 million feet, a well count of 225, and an average rig count of 36. EOG came in second place on this list – with a total drilled measured depth of 3.5 million feet, 167 wells, and an average rig count of 24 – ConocoPhillips ranked third – with a total drilled measured depth of 3.4 million feet, 184 wells, and an average rig count of 32 – Occidental was fourth – with a total drilled measured depth

Read More »

Wison Signs EPCIC Contract for Sakarya Gas Project Offshore Turkiye

Wison New Energies said it signed an engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Turkish Petroleum Corporation (TPAO) for the floating production unit (FPU) project in phase 3 of the Sakarya Gas Field off the coast of Turkiye. As a flagship project in Türkiye’s national energy strategy, the phase 3 development of the Sakarya Gas Field will “significantly enhance the country’s energy self-sufficiency, reduce its dependence on natural gas imports, and boost domestic gas supply capacity,” Wison said in a news release. Located approximately 105.6 miles (170 kilometers) offshore in the Black Sea at a water depth of 2,150 meters, the Sakarya Gas Field was discovered in August 2020 with proven gas reserves of 14.3 trillion cubic feet (405 billion cubic meters), according to the release. The field, which is Türkiye’s largest-ever natural gas discovery, is being developed in three phases by TPAO. As a centerpiece of phase 3, the FPU has to meet the Black Sea’s challenging conditions, including navigating the Bosphorus Strait’s 56-meter air draft restriction, Wison said. The FPU will be designed with a gas export rate of 883 million standard cubic feet per day, a produced water treatment capacity of 1,350 cubic square meters per day, and a monoethylene glycol (MEG) regeneration and injection capacity of 2,503 cubic meters per day for hydrate inhibition, with a minimum 30-year design life, the company said. Wison Chairman Liu Hongjun said, “This collaboration represents a major milestone in Wison’s internationalization strategy and another significant breakthrough in our deepwater engineering capabilities. We look forward to supporting the goals of the Sakarya Gas Field through innovative floating solutions and efficient resource integration, contributing to the advancement of Turkey’s energy sector”. TPAO CEO Ahmet Turkoglu said, “We are pleased to collaborate with Wison New Energies to advance the Sakarya phase

Read More »

Putin says organ transplants could grant immortality. Not quite.

This week I’m writing from Manchester, where I’ve been attending a conference on aging. Wednesday was full of talks and presentations by scientists who are trying to understand the nitty-gritty of aging—all the way down to the molecular level. Once we can understand the complex biology of aging, we should be able to slow or prevent the onset of age-related diseases, they hope. Then my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying, according to footage livestreamed by CCTV to multiple media outlets. “With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. SERGEI BOBYLEV, SPUTNIK, KREMLIN POOL PHOTO VIA AP There’s a striking contrast between that radical vision and the incremental longevity science presented at the meeting. Repeated rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon.
First, back to Putin’s proposal: the idea of continually replacing aged organs to stay young. It’s a simplistic way to think about aging. After all, aging is so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Having said that, there may be some merit to the idea of repairing worn-out body parts with biological or synthetic replacements. Replacement therapies—including bioengineered organs—are being developed by multiple research teams. Some have already been tested in people. This week, let’s take a look at the idea of replacement therapies.
No one fully understands why our organs start to fail with age. On the face of it, replacing them seems like a good idea. After all, we already know how to do organ transplants. They’ve been a part of medicine since the 1950s and have been used to save hundreds of thousands of lives in the US alone. And replacing old organs with young ones might have more broadly beneficial effects. When a young mouse is stitched to an old one, the older mouse benefits from the arrangement, and its health seems to improve. The problem is that we don’t really know why. We don’t know what it is about young body tissues that makes them health-promoting. We don’t know how long these effects might last in a person. We don’t know how different organ transplants will compare, either. Might a young heart be more beneficial than a young liver? No one knows. And that’s before you consider the practicalities of organ transplantation. There is already a shortage of donor organs—thousands of people die on waiting lists. Transplantation requires major surgery and, typically, a lifetime of prescription drugs that damp down the immune system, leaving a person more susceptible to certain infections and diseases. So the idea of repeated organ transplantations shouldn’t really be a particularly appealing one. “I don’t think that’s going to happen anytime soon,” says Jesse Poganik, who studies aging at Brigham and Women’s Hospital in Boston and is also in Manchester for the meeting. Poganik has been collaborating with transplant surgeons in his own research. “The surgeries are good, but they’re not simple,” he tells me. And they come with real risks. His own 24-year-old cousin developed a form of cancer after a liver and heart transplant. She died a few weeks ago, he says. So when it comes to replacing worn-out organs, scientists are looking for both biological and synthetic alternatives.   We’ve been replacing body parts for centuries. Wooden toes were used as far back as the 15th century. Joint replacements have been around for more than a hundred years. And major innovations over the last 70 years have given us devices like pacemakers, hearing aids, brain implants, and artificial hearts.

Scientists are exploring other ways to make tissues and organs, too. There are different approaches here, but they include everything from injecting stem cells to seeding “scaffolds” with cells in a lab. In 1999, researchers used volunteers’ own cells to seed bladder-shaped collagen scaffolds. The resulting bioengineered bladders went on to be transplanted into seven people in an initial trial.  Now scientists are working on more complicated organs. Jean Hébert, a program manager at the US government’s Advanced Research Projects Agency for Health, has been exploring ways to gradually replace the cells in a person’s brain. The idea is that, eventually, the recipient will end up with a young brain. Hébert showed my colleague Antonio Regalado how, in his early experiments, he removed parts of mice’s brains and replaced them with embryonic stem cells. That work seems a world away from the biochemical studies being presented at the British Society for Research on Ageing annual meeting in Manchester, where I am now. On Wednesday, one scientist described how he’d been testing potential longevity drugs on the tiny nematode worm C. elegans. These worms live for only about 15 to 40 days, and his team can perform tens of thousands of experiments with them. About 40% of the drugs that extend lifespan in C. elegans also help mice live longer, he told us. To me, that’s not an amazing hit rate. And we don’t know how many of those drugs will work in people. Probably less than 40% of that 40%. Other scientists presented work on chemical reactions happening at the cellular level. It was deep, basic science, and my takeaway was that there’s a lot aging researchers still don’t fully understand. It will take years—if not decades—to get the full picture of aging at the molecular level. And if we rely on a series of experiments in worms, and then mice, and then humans, we’re unlikely to make progress for a really long time. In that context, the idea of replacement therapy feels like a shortcut.
“Replacement is a really exciting avenue because you don’t have to understand the biology of aging as much,” says Sierra Lore, who studies aging at the University of Copenhagen in Denmark and the Buck Institute for Research on Aging in Novato, California. Lore says she started her research career studying aging at the molecular level, but she soon changed course. She now plans to focus her attention on replacement therapies. “I very quickly realized we’re decades away [from understanding the molecular processes that underlie aging],” she says. “Why don’t we just take what we already know—replacement—and try to understand and apply it better?” So perhaps Putin’s straightforward approach to delaying aging holds some merit. Whether it will grant him immortality is another matter. This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here.

Read More »

Analysts Reveal OPEC+ Expectation

In a report sent to Rigzone on Wednesday by the Standard Chartered team, Standard Chartered Bank analysts said they expect OPEC+ “to continue focusing on compliance”. The analysts highlighted in the report that “the OPEC+ nine is scheduled to meet virtually” this Sunday, adding that “the unwinding of the November 2023 tranche of voluntary output cuts will be complete with September loadings”. “Attention will then focus on the April 2023 tranche, which totals 1.66 million barrels per day,” the analysts noted. They went on to state in the report that “there is no pressing requirement to address the unwinding of this tranche yet”, adding that they “expect members to do so only if balances and forward curves appear supportive of adding further barrels to the market”. “Instead, we expect the communication to focus on compliance,” they continued. The Standard Chartered Bank analysts stated in the report that the market “shrugged off the higher than expected rises delivered by the OPEC+ eight earlier this year” but warned that “any headlines on the potential return of the April 2023 tranche of barrels are likely to cause short-term softness”. “However, we believe the number of actual returning barrels will be significantly less than any nominal value, given capacity constraints and over-production compensation schedules, and will in fact start to expose the impending tightness in spare capacity,” the analysts added. In a report sent to Rigzone on Thursday, Aaron Hill, Chief Strategist of FP Markets, said “oil markets … took a sizeable hit on Wednesday, down more than 2.0 percent amid concerns that OPEC+ could boost supply again, raising concerns about a potential supply glut”. In a market analysis sent to Rigzone on the same day, Ahmad Assiri, Research Strategist at Pepperstone, said “oil sold off, WTI down 2.6 percent and Brent -2.4 percent,

Read More »

Anaergia Bags Second Italian Job from Bioenerys

Anaergia Inc., through Anaergia S.r.l., has secured a new deal with a Bioenerys subsidiary to enlarge and enhance the latter’s anaerobic digestion facility in Ariano nel Polesine, in northern Italy. The new deal is in addition to the previous contract awarded by Bioenerys in Moglia, Italy, that involves similar facility optimizations. Similar to the Moglia enhancement, the new work will boost the processing capacity for agricultural waste and more than double the amount of biomethane introduced into the grid, enhancing Bioenerys’ position as a significant renewable energy supplier, Anaergia said. “Anaergia’s proven technology is now to be utilized in two different plants of Bioenerys”, Andrea Sgorbini, CEO of Bioenerys’ Agricultural Residues division, said. “This will strengthen Bioenerys’ role as a key provider of sustainable solutions for farmers and agricultural residue producers, while greatly boosting our renewable energy output”. “Anaergia’s suite of proven solutions puts us in an unparalleled position to help our clients meet their objectives”, Assaf Onn, CEO of Anaergia, said. The Ariano nel Polesine upgrade is expected to be completed by the end of 2026, Anaergia said. Anaergia expects to generate CAD 11 million ($7.9 million) in revenue from the new contract. Earlier Anaergia finalized an agreement with Norbiogas Renovables, a branch of the Nortegas Group, a prominent Spanish firm focused on renewable gas infrastructure initiatives. Anaergia said it will provide a full range of services and employ its cutting-edge, tested technology for a new anaerobic digestion facility. To contact the author, email [email protected] What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network. The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community

Read More »

Wison Signs EPCIC Contract for Sakarya Gas Project Offshore Turkiye

Wison New Energies said it signed an engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Turkish Petroleum Corporation (TPAO) for the floating production unit (FPU) project in phase 3 of the Sakarya Gas Field off the coast of Turkiye. As a flagship project in Türkiye’s national energy strategy, the phase 3 development of the Sakarya Gas Field will “significantly enhance the country’s energy self-sufficiency, reduce its dependence on natural gas imports, and boost domestic gas supply capacity,” Wison said in a news release. Located approximately 105.6 miles (170 kilometers) offshore in the Black Sea at a water depth of 2,150 meters, the Sakarya Gas Field was discovered in August 2020 with proven gas reserves of 14.3 trillion cubic feet (405 billion cubic meters), according to the release. The field, which is Türkiye’s largest-ever natural gas discovery, is being developed in three phases by TPAO. As a centerpiece of phase 3, the FPU has to meet the Black Sea’s challenging conditions, including navigating the Bosphorus Strait’s 56-meter air draft restriction, Wison said. The FPU will be designed with a gas export rate of 883 million standard cubic feet per day, a produced water treatment capacity of 1,350 cubic square meters per day, and a monoethylene glycol (MEG) regeneration and injection capacity of 2,503 cubic meters per day for hydrate inhibition, with a minimum 30-year design life, the company said. Wison Chairman Liu Hongjun said, “This collaboration represents a major milestone in Wison’s internationalization strategy and another significant breakthrough in our deepwater engineering capabilities. We look forward to supporting the goals of the Sakarya Gas Field through innovative floating solutions and efficient resource integration, contributing to the advancement of Turkey’s energy sector”. TPAO CEO Ahmet Turkoglu said, “We are pleased to collaborate with Wison New Energies to advance the Sakarya phase

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Analysts Reveal OPEC+ Expectation

In a report sent to Rigzone on Wednesday by the Standard Chartered team, Standard Chartered Bank analysts said they expect OPEC+ “to continue focusing on compliance”. The analysts highlighted in the report that “the OPEC+ nine is scheduled to meet virtually” this Sunday, adding that “the unwinding of the November 2023 tranche of voluntary output cuts will be complete with September loadings”. “Attention will then focus on the April 2023 tranche, which totals 1.66 million barrels per day,” the analysts noted. They went on to state in the report that “there is no pressing requirement to address the unwinding of this tranche yet”, adding that they “expect members to do so only if balances and forward curves appear supportive of adding further barrels to the market”. “Instead, we expect the communication to focus on compliance,” they continued. The Standard Chartered Bank analysts stated in the report that the market “shrugged off the higher than expected rises delivered by the OPEC+ eight earlier this year” but warned that “any headlines on the potential return of the April 2023 tranche of barrels are likely to cause short-term softness”. “However, we believe the number of actual returning barrels will be significantly less than any nominal value, given capacity constraints and over-production compensation schedules, and will in fact start to expose the impending tightness in spare capacity,” the analysts added. In a report sent to Rigzone on Thursday, Aaron Hill, Chief Strategist of FP Markets, said “oil markets … took a sizeable hit on Wednesday, down more than 2.0 percent amid concerns that OPEC+ could boost supply again, raising concerns about a potential supply glut”. In a market analysis sent to Rigzone on the same day, Ahmad Assiri, Research Strategist at Pepperstone, said “oil sold off, WTI down 2.6 percent and Brent -2.4 percent,

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Shell Mulls Selling Stake in Aussie LNG Plant

Shell Plc is exploring the sale of its interest in the A$34 billion ($22 billion) North West Shelf liquefied natural gas export plant in Western Australia, according to people with knowledge of the matter. The gas major is testing the market for possible buyers of its 16.67 percent stake in the project, which could be worth more than $3 billion, the people said, asking not to be identified because they’re not authorized to speak to media.  While Shell is doubling down on LNG globally as it sees gas demand rapidly rising in the coming decades, the company is looking to exit North West Shelf due to its planned transition into a so-called third-party tolling facility, where buyers pay a fee to liquefy the gas. That type of model doesn’t fit with the group’s wider strategy and portfolio, the people said. “Shell regularly assesses its portfolio to inform disciplined capital allocation,” the company said in an emailed statement. “We continue to work closely with the North West Shelf partners to deliver value, maximise future performance and meet the needs of our customers.” The move to shop around its North West Shelf interest comes after Shell sold its share in the Browse LNG development in 2023, which would feed gas into the project on Western Australia’s coast to extend its life. Woodside Energy Group Ltd., which operates North West Shelf, has been consolidating its holdings of the asset in order to continue operating the nation’s oldest and biggest facility for decades. But the company has struggled in the past to get partners aligned on the strategy.  Chevron Corp. late last year to offload its stake in the facility to Woodside, giving the plant’s operator 50 percent of the venture. What do you think? We’d love to hear from you, join the conversation on the Rigzone

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Anaergia Bags Second Italian Job from Bioenerys

Anaergia Inc., through Anaergia S.r.l., has secured a new deal with a Bioenerys subsidiary to enlarge and enhance the latter’s anaerobic digestion facility in Ariano nel Polesine, in northern Italy. The new deal is in addition to the previous contract awarded by Bioenerys in Moglia, Italy, that involves similar facility optimizations. Similar to the Moglia enhancement, the new work will boost the processing capacity for agricultural waste and more than double the amount of biomethane introduced into the grid, enhancing Bioenerys’ position as a significant renewable energy supplier, Anaergia said. “Anaergia’s proven technology is now to be utilized in two different plants of Bioenerys”, Andrea Sgorbini, CEO of Bioenerys’ Agricultural Residues division, said. “This will strengthen Bioenerys’ role as a key provider of sustainable solutions for farmers and agricultural residue producers, while greatly boosting our renewable energy output”. “Anaergia’s suite of proven solutions puts us in an unparalleled position to help our clients meet their objectives”, Assaf Onn, CEO of Anaergia, said. The Ariano nel Polesine upgrade is expected to be completed by the end of 2026, Anaergia said. Anaergia expects to generate CAD 11 million ($7.9 million) in revenue from the new contract. Earlier Anaergia finalized an agreement with Norbiogas Renovables, a branch of the Nortegas Group, a prominent Spanish firm focused on renewable gas infrastructure initiatives. Anaergia said it will provide a full range of services and employ its cutting-edge, tested technology for a new anaerobic digestion facility. To contact the author, email [email protected] What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network. The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community

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National Grid Files Plan for Norwich and Tilbury Transmission Line

National Grid PLC has applied before the Planning Inspectorate to build a new transmission network that it says would power up to six million homes and businesses in East Anglia. The project involves building “a new electricity transmission network upgrade between Norwich Main substation in Norfolk via Bramford substation in Suffolk and a new Tilbury North substation into Tilbury substation in Essex”, National Grid said in a statement on its website. “The Norwich to Tilbury project will boost electricity capacity across East Anglia, a powerhouse of renewable energy, particularly offshore wind, but a region that has historically had limited transmission infrastructure”. The proposed line consists of 180 kilometers (111.85 miles) of high-voltage overhead and underground cables.   National Grid plans to start construction 2027. It expects the work to take around four years. “As our demand for electricity grows the way we generate electricity is changing. This project will connect our homes, businesses and public services to sources of home-grown British energy which will lower our electricity bills in the long-term and make us more energy independent”, said project director Simon Pepper. National Grid said the submitted plan accounted for results from public consultations. “Over the past few years, multiple rounds of public consultation have been held with local authorities, elected officials, technical consultees, affected landowners and local communities”, it said. The Norwich to Tilbury project is part of National Grid’s The Great Grid Upgrade, which consists of 17 major infrastructure projects across England and Wales. These projects would expand and upgrade the network to enable renewables integration. “These projects are vital to increase Britain’s energy security and meet growing demand for electricity in the years ahead”, National Grid said. Last year the National Grid Electricity System Operator unveiled a GBP 58 billion ($67.33 billion) plan to raise Great Britain’s generation

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JERA, Ryohin Keikaku Form RE JV

Ryohin Keikaku Co. Ltd. and JERA Co. Inc. have launched a joint venture to develop renewable energy projects, initially solar. MUJI ENERGY LLC, based in Tokyo, is owned 80 percent by Japanese retailer Ryohin Keikaku and 20 percent by Japanese utility JERA, according to a joint statement. An existing brand of goods sold by Ryohin Keikau is called MUJI. The JV plans to develop about 13 megawatts of solar generation capacity within a year of its formation. “Equivalent to 20 percent of Ryohin Keikaku’s annual electricity consumption, this is projected to reduce carbon dioxide emissions by approximately 8,000 tons per year”, the statement said. “Leveraging JERA’s expertise in solar power plant development and maintenance, we have formulated our own development criteria – guided by consideration for local communities, protection of aquatic environments and biodiversity – and decided to establish solar power plants only after performing on-site inspections and evaluations of all power plant candidate sites”, the statement said. “All of the environmental value of electricity produced by MUJI ENERGY will be acquired by Ryohin Keikaku via JERA subsidiary JERA Cross Co. Inc. through a virtual power purchase agreement and utilized to reduce CO2 emissions from electricity consumption at locations such as MUJI tenant stores”. In a separate power investment, JERA joined a consortium of 12 Japanese companies that participated in a capital raise by Commonwealth Fusion Systems LLC (CFS), a Devens, Massachusetts-based company eyeing to develop next-generation tokamak fusion reactors using high-temperature superconducting magnet technology. CFS said August 28 it had raised $863 million in a Series B2 round, which it said was “the largest amount raised among deep tech and energy companies since CFS’ $1.8 billion Series B round in 2021”. “In parallel, CFS is moving forward with plans to build the world’s first grid-scale fusion power plant, called ARC, in Chesterfield County, Virginia”,

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AI means the end of internet search as we’ve known it

We all know what it means, colloquially, to google something. You pop a few relevant words in a search box and in return get a list of blue links to the most relevant results. Maybe some quick explanations up top. Maybe some maps or sports scores or a video. But fundamentally, it’s just fetching information that’s already out there on the internet and showing it to you, in some sort of structured way.  But all that is up for grabs. We are at a new inflection point. The biggest change to the way search engines have delivered information to us since the 1990s is happening right now. No more keyword searching. No more sorting through links to click. Instead, we’re entering an era of conversational search. Which means instead of keywords, you use real questions, expressed in natural language. And instead of links, you’ll increasingly be met with answers, written by generative AI and based on live information from all across the internet, delivered the same way.  Of course, Google—the company that has defined search for the past 25 years—is trying to be out front on this. In May of 2023, it began testing AI-generated responses to search queries, using its large language model (LLM) to deliver the kinds of answers you might expect from an expert source or trusted friend. It calls these AI Overviews. Google CEO Sundar Pichai described this to MIT Technology Review as “one of the most positive changes we’ve done to search in a long, long time.”
AI Overviews fundamentally change the kinds of queries Google can address. You can now ask it things like “I’m going to Japan for one week next month. I’ll be staying in Tokyo but would like to take some day trips. Are there any festivals happening nearby? How will the surfing be in Kamakura? Are there any good bands playing?” And you’ll get an answer—not just a link to Reddit, but a built-out answer with current results.  More to the point, you can attempt searches that were once pretty much impossible, and get the right answer. You don’t have to be able to articulate what, precisely, you are looking for. You can describe what the bird in your yard looks like, or what the issue seems to be with your refrigerator, or that weird noise your car is making, and get an almost human explanation put together from sources previously siloed across the internet. It’s amazing, and once you start searching that way, it’s addictive.
And it’s not just Google. OpenAI’s ChatGPT now has access to the web, making it far better at finding up-to-date answers to your queries. Microsoft released generative search results for Bing in September. Meta has its own version. The startup Perplexity was doing the same, but with a “move fast, break things” ethos. Literal trillions of dollars are at stake in the outcome as these players jockey to become the next go-to source for information retrieval—the next Google. Not everyone is excited for the change. Publishers are completely freaked out. The shift has heightened fears of a “zero-click” future, where search referral traffic—a mainstay of the web since before Google existed—vanishes from the scene.  I got a vision of that future last June, when I got a push alert from the Perplexity app on my phone. Perplexity is a startup trying to reinvent web search. But in addition to delivering deep answers to queries, it will create entire articles about the news of the day, cobbled together by AI from different sources.  On that day, it pushed me a story about a new drone company from Eric Schmidt. I recognized the story. Forbes had reported it exclusively, earlier in the week, but it had been locked behind a paywall. The image on Perplexity’s story looked identical to one from Forbes. The language and structure were quite similar. It was effectively the same story, but freely available to anyone on the internet. I texted a friend who had edited the original story to ask if Forbes had a deal with the startup to republish its content. But there was no deal. He was shocked and furious and, well, perplexed. He wasn’t alone. Forbes, the New York Times, and Condé Nast have now all sent the company cease-and-desist orders. News Corp is suing for damages.  People are worried about what these new LLM-powered results will mean for our fundamental shared reality. It could spell the end of the canonical answer. It was precisely the nightmare scenario publishers have been so afraid of: The AI was hoovering up their premium content, repackaging it, and promoting it to its audience in a way that didn’t really leave any reason to click through to the original. In fact, on Perplexity’s About page, the first reason it lists to choose the search engine is “Skip the links.” But this isn’t just about publishers (or my own self-interest).  People are also worried about what these new LLM-powered results will mean for our fundamental shared reality. Language models have a tendency to make stuff up—they can hallucinate nonsense. Moreover, generative AI can serve up an entirely new answer to the same question every time, or provide different answers to different people on the basis of what it knows about them. It could spell the end of the canonical answer. But make no mistake: This is the future of search. Try it for a bit yourself, and you’ll see. 

Sure, we will always want to use search engines to navigate the web and to discover new and interesting sources of information. But the links out are taking a back seat. The way AI can put together a well-reasoned answer to just about any kind of question, drawing on real-time data from across the web, just offers a better experience. That is especially true compared with what web search has become in recent years. If it’s not exactly broken (data shows more people are searching with Google more often than ever before), it’s at the very least increasingly cluttered and daunting to navigate.  Who wants to have to speak the language of search engines to find what you need? Who wants to navigate links when you can have straight answers? And maybe: Who wants to have to learn when you can just know?  In the beginning there was Archie. It was the first real internet search engine, and it crawled files previously hidden in the darkness of remote servers. It didn’t tell you what was in those files—just their names. It didn’t preview images; it didn’t have a hierarchy of results, or even much of an interface. But it was a start. And it was pretty good.  Then Tim Berners-Lee created the World Wide Web, and all manner of web pages sprang forth. The Mosaic home page and the Internet Movie Database and Geocities and the Hampster Dance and web rings and Salon and eBay and CNN and federal government sites and some guy’s home page in Turkey. Until finally, there was too much web to even know where to start. We really needed a better way to navigate our way around, to actually find the things we needed.  And so in 1994 Jerry Yang created Yahoo, a hierarchical directory of websites. It quickly became the home page for millions of people. And it was … well, it was okay. TBH, and with the benefit of hindsight, I think we all thought it was much better back then than it actually was. But the web continued to grow and sprawl and expand, every day bringing more information online. Rather than just a list of sites by category, we needed something that actually looked at all that content and indexed it. By the late ’90s that meant choosing from a variety of search engines: AltaVista and AlltheWeb and WebCrawler and HotBot. And they were good—a huge improvement. At least at first.   But alongside the rise of search engines came the first attempts to exploit their ability to deliver traffic. Precious, valuable traffic, which web publishers rely on to sell ads and retailers use to get eyeballs on their goods. Sometimes this meant stuffing pages with keywords or nonsense text designed purely to push pages higher up in search results. It got pretty bad. 
And then came Google. It’s hard to overstate how revolutionary Google was when it launched in 1998. Rather than just scanning the content, it also looked at the sources linking to a website, which helped evaluate its relevance. To oversimplify: The more something was cited elsewhere, the more reliable Google considered it, and the higher it would appear in results. This breakthrough made Google radically better at retrieving relevant results than anything that had come before. It was amazing.  Google CEO Sundar Pichai describes AI Overviews as “one of the most positive changes we’ve done to search in a long, long time.”JENS GYARMATY/LAIF/REDUX For 25 years, Google dominated search. Google was search, for most people. (The extent of that domination is currently the subject of multiple legal probes in the United States and the European Union.)  
But Google has long been moving away from simply serving up a series of blue links, notes Pandu Nayak, Google’s chief scientist for search.  “It’s not just so-called web results, but there are images and videos, and special things for news. There have been direct answers, dictionary answers, sports, answers that come with Knowledge Graph, things like featured snippets,” he says, rattling off a litany of Google’s steps over the years to answer questions more directly.  It’s true: Google has evolved over time, becoming more and more of an answer portal. It has added tools that allow people to just get an answer—the live score to a game, the hours a café is open, or a snippet from the FDA’s website—rather than being pointed to a website where the answer may be.  But once you’ve used AI Overviews a bit, you realize they are different.  Take featured snippets, the passages Google sometimes chooses to highlight and show atop the results themselves. Those words are quoted directly from an original source. The same is true of knowledge panels, which are generated from information stored in a range of public databases and Google’s Knowledge Graph, its database of trillions of facts about the world. While these can be inaccurate, the information source is knowable (and fixable). It’s in a database. You can look it up. Not anymore: AI Overviews can be entirely new every time, generated on the fly by a language model’s predictive text combined with an index of the web. 
“I think it’s an exciting moment where we have obviously indexed the world. We built deep understanding on top of it with Knowledge Graph. We’ve been using LLMs and generative AI to improve our understanding of all that,” Pichai told MIT Technology Review. “But now we are able to generate and compose with that.” The result feels less like a querying a database than like asking a very smart, well-read friend. (With the caveat that the friend will sometimes make things up if she does not know the answer.)  “[The company’s] mission is organizing the world’s information,” Liz Reid, Google’s head of search, tells me from its headquarters in Mountain View, California. “But actually, for a while what we did was organize web pages. Which is not really the same thing as organizing the world’s information or making it truly useful and accessible to you.”  That second concept—accessibility—is what Google is really keying in on with AI Overviews. It’s a sentiment I hear echoed repeatedly while talking to Google execs: They can address more complicated types of queries more efficiently by bringing in a language model to help supply the answers. And they can do it in natural language. 
That will become even more important for a future where search goes beyond text queries. For example, Google Lens, which lets people take a picture or upload an image to find out more about something, uses AI-generated answers to tell you what you may be looking at. Google has even showed off the ability to query live video.  When it doesn’t have an answer, an AI model can confidently spew back a response anyway. For Google, this could be a real problem. For the rest of us, it could actually be dangerous. “We are definitely at the start of a journey where people are going to be able to ask, and get answered, much more complex questions than where we’ve been in the past decade,” says Pichai.  There are some real hazards here. First and foremost: Large language models will lie to you. They hallucinate. They get shit wrong. When it doesn’t have an answer, an AI model can blithely and confidently spew back a response anyway. For Google, which has built its reputation over the past 20 years on reliability, this could be a real problem. For the rest of us, it could actually be dangerous. In May 2024, AI Overviews were rolled out to everyone in the US. Things didn’t go well. Google, long the world’s reference desk, told people to eat rocks and to put glue on their pizza. These answers were mostly in response to what the company calls adversarial queries—those designed to trip it up. But still. It didn’t look good. The company quickly went to work fixing the problems—for example, by deprecating so-called user-generated content from sites like Reddit, where some of the weirder answers had come from. Yet while its errors telling people to eat rocks got all the attention, the more pernicious danger might arise when it gets something less obviously wrong. For example, in doing research for this article, I asked Google when MIT Technology Review went online. It helpfully responded that “MIT Technology Review launched its online presence in late 2022.” This was clearly wrong to me, but for someone completely unfamiliar with the publication, would the error leap out?  I came across several examples like this, both in Google and in OpenAI’s ChatGPT search. Stuff that’s just far enough off the mark not to be immediately seen as wrong. Google is banking that it can continue to improve these results over time by relying on what it knows about quality sources. “When we produce AI Overviews,” says Nayak, “we look for corroborating information from the search results, and the search results themselves are designed to be from these reliable sources whenever possible. These are some of the mechanisms we have in place that assure that if you just consume the AI Overview, and you don’t want to look further … we hope that you will still get a reliable, trustworthy answer.” In the case above, the 2022 answer seemingly came from a reliable source—a story about MIT Technology Review’s email newsletters, which launched in 2022. But the machine fundamentally misunderstood. This is one of the reasons Google uses human beings—raters—to evaluate the results it delivers for accuracy. Ratings don’t correct or control individual AI Overviews; rather, they help train the model to build better answers. But human raters can be fallible. Google is working on that too.  “Raters who look at your experiments may not notice the hallucination because it feels sort of natural,” says Nayak. “And so you have to really work at the evaluation setup to make sure that when there is a hallucination, someone’s able to point out and say, That’s a problem.” The new search Google has rolled out its AI Overviews to upwards of a billion people in more than 100 countries, but it is facing upstarts with new ideas about how search should work. Search Engine GoogleThe search giant has added AI Overviews to search results. These overviews take information from around the web and Google’s Knowledge Graph and use the company’s Gemini language model to create answers to search queries. What it’s good at Google’s AI Overviews are great at giving an easily digestible summary in response to even the most complex queries, with sourcing boxes adjacent to the answers. Among the major options, its deep web index feels the most “internety.” But web publishers fear its summaries will give people little reason to click through to the source material. PerplexityPerplexity is a conversational search engine that uses third-party largelanguage models from OpenAI and Anthropic to answer queries. Perplexity is fantastic at putting together deeper dives in response to user queries, producing answers that are like mini white papers on complex topics. It’s also excellent at summing up current events. But it has gotten a bad rep with publishers, who say it plays fast and loose with their content. ChatGPTWhile Google brought AI to search, OpenAI brought search to ChatGPT. Queries that the model determines will benefit from a web search automatically trigger one, or users can manually select the option to add a web search. Thanks to its ability to preserve context across a conversation, ChatGPT works well for performing searches that benefit from follow-up questions—like planning a vacation through multiple search sessions. OpenAI says users sometimes go “20 turns deep” in researching queries. Of these three, it makes links out to publishers least prominent. When I talked to Pichai about this, he expressed optimism about the company’s ability to maintain accuracy even with the LLM generating responses. That’s because AI Overviews is based on Google’s flagship large language model, Gemini, but also draws from Knowledge Graph and what it considers reputable sources around the web.  “You’re always dealing in percentages. What we have done is deliver it at, like, what I would call a few nines of trust and factuality and quality. I’d say 99-point-few-nines. I think that’s the bar we operate at, and it is true with AI Overviews too,” he says. “And so the question is, are we able to do this again at scale? And I think we are.” There’s another hazard as well, though, which is that people ask Google all sorts of weird things. If you want to know someone’s darkest secrets, look at their search history. Sometimes the things people ask Google about are extremely dark. Sometimes they are illegal. Google doesn’t just have to be able to deploy its AI Overviews when an answer can be helpful; it has to be extremely careful not to deploy them when an answer may be harmful.  “If you go and say ‘How do I build a bomb?’ it’s fine that there are web results. It’s the open web. You can access anything,” Reid says. “But we do not need to have an AI Overview that tells you how to build a bomb, right? We just don’t think that’s worth it.”  But perhaps the greatest hazard—or biggest unknown—is for anyone downstream of a Google search. Take publishers, who for decades now have relied on search queries to send people their way. What reason will people have to click through to the original source, if all the information they seek is right there in the search result?   Rand Fishkin, cofounder of the market research firm SparkToro, publishes research on so-called zero-click searches. As Google has moved increasingly into the answer business, the proportion of searches that end without a click has gone up and up. His sense is that AI Overviews are going to explode this trend.   “If you are reliant on Google for traffic, and that traffic is what drove your business forward, you are in long- and short-term trouble,” he says.  Don’t panic, is Pichai’s message. He argues that even in the age of AI Overviews, people will still want to click through and go deeper for many types of searches. “The underlying principle is people are coming looking for information. They’re not looking for Google always to just answer,” he says. “Sometimes yes, but the vast majority of the times, you’re looking at it as a jumping-off point.”  Reid, meanwhile, argues that because AI Overviews allow people to ask more complicated questions and drill down further into what they want, they could even be helpful to some types of publishers and small businesses, especially those operating in the niches: “You essentially reach new audiences, because people can now express what they want more specifically, and so somebody who specializes doesn’t have to rank for the generic query.”  “I’m going to start with something risky,” Nick Turley tells me from the confines of a Zoom window. Turley is the head of product for ChatGPT, and he’s showing off OpenAI’s new web search tool a few weeks before it launches. “I should normally try this beforehand, but I’m just gonna search for you,” he says. “This is always a high-risk demo to do, because people tend to be particular about what is said about them on the internet.”  He types my name into a search field, and the prototype search engine spits back a few sentences, almost like a speaker bio. It correctly identifies me and my current role. It even highlights a particular story I wrote years ago that was probably my best known. In short, it’s the right answer. Phew?  A few weeks after our call, OpenAI incorporated search into ChatGPT, supplementing answers from its language model with information from across the web. If the model thinks a response would benefit from up-to-date information, it will automatically run a web search (OpenAI won’t say who its search partners are) and incorporate those responses into its answer, with links out if you want to learn more. You can also opt to manually force it to search the web if it does not do so on its own. OpenAI won’t reveal how many people are using its web search, but it says some 250 million people use ChatGPT weekly, all of whom are potentially exposed to it.   “There’s an incredible amount of content on the web. There are a lot of things happening in real time. You want ChatGPT to be able to use that to improve its answers and to be a better super-assistant for you.” Kevin Weil, chief product officer, OpenAI According to Fishkin, these newer forms of AI-assisted search aren’t yet challenging Google’s search dominance. “It does not appear to be cannibalizing classic forms of web search,” he says.  OpenAI insists it’s not really trying to compete on search—although frankly this seems to me like a bit of expectation setting. Rather, it says, web search is mostly a means to get more current information than the data in its training models, which tend to have specific cutoff dates that are often months, or even a year or more, in the past. As a result, while ChatGPT may be great at explaining how a West Coast offense works, it has long been useless at telling you what the latest 49ers score is. No more.  “I come at it from the perspective of ‘How can we make ChatGPT able to answer every question that you have? How can we make it more useful to you on a daily basis?’ And that’s where search comes in for us,” Kevin Weil, the chief product officer with OpenAI, tells me. “There’s an incredible amount of content on the web. There are a lot of things happening in real time. You want ChatGPT to be able to use that to improve its answers and to be able to be a better super-assistant for you.” Today ChatGPT is able to generate responses for very current news events, as well as near-real-time information on things like stock prices. And while ChatGPT’s interface has long been, well, boring, search results bring in all sorts of multimedia—images, graphs, even video. It’s a very different experience.  Weil also argues that ChatGPT has more freedom to innovate and go its own way than competitors like Google—even more than its partner Microsoft does with Bing. Both of those are ad-dependent businesses. OpenAI is not. (At least not yet.) It earns revenue from the developers, businesses, and individuals who use it directly. It’s mostly setting large amounts of money on fire right now—it’s projected to lose $14 billion in 2026, by some reports. But one thing it doesn’t have to worry about is putting ads in its search results as Google does.  “For a while what we did was organize web pages. Which is not really the same thing as organizing the world’s information or making it truly useful and accessible to you,” says Google head of search, Liz Reid.WINNI WINTERMEYER/REDUX Like Google, ChatGPT is pulling in information from web publishers, summarizing it, and including it in its answers. But it has also struck financial deals with publishers, a payment for providing the information that gets rolled into its results. (MIT Technology Review has been in discussions with OpenAI, Google, Perplexity, and others about publisher deals but has not entered into any agreements. Editorial was neither party to nor informed about the content of those discussions.) But the thing is, for web search to accomplish what OpenAI wants—to be more current than the language model—it also has to bring in information from all sorts of publishers and sources that it doesn’t have deals with. OpenAI’s head of media partnerships, Varun Shetty, told MIT Technology Review that it won’t give preferential treatment to its publishing partners. Instead, OpenAI told me, the model itself finds the most trustworthy and useful source for any given question. And that can get weird too. In that very first example it showed me—when Turley ran that name search—it described a story I wrote years ago for Wired about being hacked. That story remains one of the most widely read I’ve ever written. But ChatGPT didn’t link to it. It linked to a short rewrite from The Verge. Admittedly, this was on a prototype version of search, which was, as Turley said, “risky.”  When I asked him about it, he couldn’t really explain why the model chose the sources that it did, because the model itself makes that evaluation. The company helps steer it by identifying—sometimes with the help of users—what it considers better answers, but the model actually selects them.  “And in many cases, it gets it wrong, which is why we have work to do,” said Turley. “Having a model in the loop is a very, very different mechanism than how a search engine worked in the past.” Indeed!  The model, whether it’s OpenAI’s GPT-4o or Google’s Gemini or Anthropic’s Claude, can be very, very good at explaining things. But the rationale behind its explanations, its reasons for selecting a particular source, and even the language it may use in an answer are all pretty mysterious. Sure, a model can explain very many things, but not when that comes to its own answers.  It was almost a decade ago, in 2016, when Pichai wrote that Google was moving from “mobile first” to “AI first”: “But in the next 10 years, we will shift to a world that is AI-first, a world where computing becomes universally available—be it at home, at work, in the car, or on the go—and interacting with all of these surfaces becomes much more natural and intuitive, and above all, more intelligent.”  We’re there now—sort of. And it’s a weird place to be. It’s going to get weirder. That’s especially true as these things we now think of as distinct—querying a search engine, prompting a model, looking for a photo we’ve taken, deciding what we want to read or watch or hear, asking for a photo we wish we’d taken, and didn’t, but would still like to see—begin to merge.  The search results we see from generative AI are best understood as a waypoint rather than a destination. What’s most important may not be search in itself; rather, it’s that search has given AI model developers a path to incorporating real-time information into their inputs and outputs. And that opens up all sorts of possibilities. “A ChatGPT that can understand and access the web won’t just be about summarizing results. It might be about doing things for you. And I think there’s a fairly exciting future there,” says OpenAI’s Weil. “You can imagine having the model book you a flight, or order DoorDash, or just accomplish general tasks for you in the future. It’s just once the model understands how to use the internet, the sky’s the limit.” This is the agentic future we’ve been hearing about for some time now, and the more AI models make use of real-time data from the internet, the closer it gets.  Let’s say you have a trip coming up in a few weeks. An agent that can get data from the internet in real time can book your flights and hotel rooms, make dinner reservations, and more, based on what it knows about you and your upcoming travel—all without your having to guide it. Another agent could, say, monitor the sewage output of your home for certain diseases, and order tests and treatments in response. You won’t have to search for that weird noise your car is making, because the agent in your vehicle will already have done it and made an appointment to get the issue fixed.  “It’s not always going to be just doing search and giving answers,” says Pichai. “Sometimes it’s going to be actions. Sometimes you’ll be interacting within the real world. So there is a notion of universal assistance through it all.” And the ways these things will be able to deliver answers is evolving rapidly now too. For example, today Google can not only search text, images, and even video; it can create them. Imagine overlaying that ability with search across an array of formats and devices. “Show me what a Townsend’s warbler looks like in the tree in front of me.” Or “Use my existing family photos and videos to create a movie trailer of our upcoming vacation to Puerto Rico next year, making sure we visit all the best restaurants and top landmarks.” “We have primarily done it on the input side,” he says, referring to the ways Google can now search for an image or within a video. “But you can imagine it on the output side too.” This is the kind of future Pichai says he is excited to bring online. Google has already showed off a bit of what that might look like with NotebookLM, a tool that lets you upload large amounts of text and have it converted into a chatty podcast. He imagines this type of functionality—the ability to take one type of input and convert it into a variety of outputs—transforming the way we interact with information.  In a demonstration of a tool called Project Astra this summer at its developer conference, Google showed one version of this outcome, where cameras and microphones in phones and smart glasses understand the context all around you—online and off, audible and visual—and have the ability to recall and respond in a variety of ways. Astra can, for example, look at a crude drawing of a Formula One race car and not only identify it, but also explain its various parts and their uses.  But you can imagine things going a bit further (and they will). Let’s say I want to see a video of how to fix something on my bike. The video doesn’t exist, but the information does. AI-assisted generative search could theoretically find that information somewhere online—in a user manual buried in a company’s website, for example—and create a video to show me exactly how to do what I want, just as it could explain that to me with words today. These are the kinds of things that start to happen when you put the entire compendium of human knowledge—knowledge that’s previously been captured in silos of language and format; maps and business registrations and product SKUs; audio and video and databases of numbers and old books and images and, really, anything ever published, ever tracked, ever recorded; things happening right now, everywhere—and introduce a model into all that. A model that maybe can’t understand, precisely, but has the ability to put that information together, rearrange it, and spit it back in a variety of different hopefully helpful ways. Ways that a mere index could not. That’s what we’re on the cusp of, and what we’re starting to see. And as Google rolls this out to a billion people, many of whom will be interacting with a conversational AI for the first time, what will that mean? What will we do differently? It’s all changing so quickly. Hang on, just hang on. 

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Subsea7 Scores Various Contracts Globally

Subsea 7 S.A. has secured what it calls a “sizeable” contract from Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea. The contract scope includes project management and engineering executed and managed from Subsea7 offices in Istanbul, Türkiye, and Aberdeen, Scotland. The scope also includes the provision of equipment, including two work class remotely operated vehicles, and construction personnel onboard TP-OTC’s light construction vessel Mukavemet, Subsea7 said in a news release. The company defines a sizeable contract as having a value between $50 million and $150 million. Offshore operations will be executed in 2025 and 2026, Subsea7 said. Hani El Kurd, Senior Vice President of UK and Global Inspection, Repair, and Maintenance at Subsea7, said: “We are pleased to have been selected to deliver IRM services for TP-OTC in the Black Sea. This contract demonstrates our strategy to deliver engineering solutions across the full asset lifecycle in close collaboration with our clients. We look forward to continuing to work alongside TP-OTC to optimize gas production from the Sakarya field and strengthen our long-term presence in Türkiye”. North Sea Project Subsea7 also announced the award of a “substantial” contract by Inch Cape Offshore Limited to Seaway7, which is part of the Subsea7 Group. The contract is for the transport and installation of pin-pile jacket foundations and transition pieces for the Inch Cape Offshore Wind Farm. The 1.1-gigawatt Inch Cape project offshore site is located in the Scottish North Sea, 9.3 miles (15 kilometers) off the Angus coast, and will comprise 72 wind turbine generators. Seaway7’s scope of work includes the transport and installation of 18 pin-pile jacket foundations and 54 transition pieces with offshore works expected to begin in 2026, according to a separate news

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Driving into the future

Welcome to our annual breakthroughs issue. If you’re an MIT Technology Review superfan, you may already know that putting together our 10 Breakthrough Technologies (TR10) list is one of my favorite things we do as a publication. We spend months researching and discussing which technologies will make the list. We try to highlight a mix of items that reflect innovations happening in various fields. We look at consumer technologies, large industrial­-scale projects, biomedical advances, changes in computing, climate solutions, the latest in AI, and more.  We’ve been publishing this list every year since 2001 and, frankly, have a great track record of flagging things that are poised to hit a tipping point. When you look back over the years, you’ll find items like natural-language processing (2001), wireless power (2008), and reusable rockets (2016)—spot-on in terms of horizon scanning. You’ll also see the occasional miss, or moments when maybe we were a little bit too far ahead of ourselves. (See our Magic Leap entry from 2015.) But the real secret of the TR10 is what we leave off the list. It is hard to think of another industry, aside from maybe entertainment, that has as much of a hype machine behind it as tech does. Which means that being too conservative is rarely the wrong call. But it does happen.  Last year, for example, we were going to include robotaxis on the TR10. Autonomous vehicles have been around for years, but 2023 seemed like a real breakthrough moment; both Cruise and Waymo were ferrying paying customers around various cities, with big expansion plans on the horizon. And then, last fall, after a series of mishaps (including an incident when a pedestrian was caught under a vehicle and dragged), Cruise pulled its entire fleet of robotaxis from service. Yikes. 
The timing was pretty miserable, as we were in the process of putting some of the finishing touches on the issue. I made the decision to pull it. That was a mistake.  What followed turned out to be a banner year for the robotaxi. Waymo, which had previously been available only to a select group of beta testers, opened its service to the general public in San Francisco and Los Angeles in 2024. Its cars are now ubiquitous in the City by the Bay, where they have not only become a real competitor to the likes of Uber and Lyft but even created something of a tourist attraction. Which is no wonder, because riding in one is delightful. They are still novel enough to make it feel like a kind of magic. And as you can read, Waymo is just a part of this amazing story. 
The item we swapped into the robotaxi’s place was the Apple Vision Pro, an example of both a hit and a miss. We’d included it because it is truly a revolutionary piece of hardware, and we zeroed in on its micro-OLED display. Yet a year later, it has seemingly failed to find a market fit, and its sales are reported to be far below what Apple predicted. I’ve been covering this field for well over a decade, and I would still argue that the Vision Pro (unlike the Magic Leap vaporware of 2015) is a breakthrough device. But it clearly did not have a breakthrough year. Mea culpa.  Having said all that, I think we have an incredible and thought-provoking list for you this year—from a new astronomical observatory that will allow us to peer into the fourth dimension to new ways of searching the internet to, well, robotaxis. I hope there’s something here for everyone.

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Oil Holds at Highest Levels Since October

Crude oil futures slightly retreated but continue to hold at their highest levels since October, supported by colder weather in the Northern Hemisphere and China’s economic stimulus measures. That’s what George Pavel, General Manager at Naga.com Middle East, said in a market analysis sent to Rigzone this morning, adding that Brent and WTI crude “both saw modest declines, yet the outlook remains bullish as colder temperatures are expected to increase demand for heating oil”. “Beijing’s fiscal stimulus aims to rejuvenate economic activity and consumer demand, further contributing to fuel consumption expectations,” Pavel said in the analysis. “This economic support from China could help sustain global demand for crude, providing upward pressure on prices,” he added. Looking at supply, Pavel noted in the analysis that “concerns are mounting over potential declines in Iranian oil production due to anticipated sanctions and policy changes under the incoming U.S. administration”. “Forecasts point to a reduction of 300,000 barrels per day in Iranian output by the second quarter of 2025, which would weigh on global supply and further support prices,” he said. “Moreover, the U.S. oil rig count has decreased, indicating a potential slowdown in future output,” he added. “With supply-side constraints contributing to tightening global inventories, this situation is likely to reinforce the current market optimism, supporting crude prices at elevated levels,” Pavel continued. “Combined with the growing demand driven by weather and economic factors, these supply dynamics point to a favorable environment for oil prices in the near term,” Pavel went on to state. Rigzone has contacted the Trump transition team and the Iranian ministry of foreign affairs for comment on Pavel’s analysis. At the time of writing, neither have responded to Rigzone’s request yet. In a separate market analysis sent to Rigzone earlier this morning, Antonio Di Giacomo, Senior Market Analyst at

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What to expect from NaaS in 2025

Shamus McGillicuddy, vice president of research at EMA, says that network execs today have a fuller understanding of the potential benefits of NaaS, beyond simply a different payment model. NaaS can deliver access to new technologies faster and keep enterprises up-to-date as technologies evolve over time; it can help mitigate skills gaps for organizations facing a shortage of networking talent. For example, in a retail scenario, an organization can offload deployment and management of its Wi-Fi networks at all of its stores to a NaaS vendor, freeing up IT staffers for higher-level activities. Also, it can help organizations manage rapidly fluctuating demands on the network, he says. 2. Frameworks help drive adoption Industry standards can help accelerate the adoption of new technologies. MEF, a nonprofit industry forum, has developed a framework that combines standardized service definitions, extensive automation frameworks, security certifications, and multi-cloud integration capabilities—all aimed at enabling service providers to deliver what MEF calls a true cloud experience for network services. The blueprint serves as a guide for building an automated, federated ecosystem where enterprises can easily consume NaaS services from providers. It details the APIs, service definitions, and certification programs that MEF has developed to enable this vision. The four components of NaaS, according to the blueprint, are on-demand automated transport services, SD-WAN overlays and network slicing for application assurance, SASE-based security, and multi-cloud on-ramps. 3. The rise of campus/LAN NaaS Until very recently, the most popular use cases for NaaS were on-demand WAN connectivity, multi-cloud connectivity, SD-WAN, and SASE. However, campus/LAN NaaS, which includes both wired and wireless networks, has emerged as the breakout star in the overall NaaS market. Dell’Oro Group analyst Sian Morgan predicts: “In 2025, Campus NaaS revenues will grow over eight times faster than the overall LAN market. Startups offering purpose-built CNaaS technology will

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UK battery storage industry ‘back on track’

UK battery storage investor Gresham House Energy Storage Fund (LON:GRID) has said the industry is “back on track” as trading conditions improved, particularly in December. The UK’s largest fund specialising in battery energy storage systems (BESS) highlighted improvements in service by the UK government’s National Energy System Operator (NESO) as well as its renewed commitment to to the sector as part of clean power aims by 2030. It also revealed that revenues exceeding £60,000 per MW of electricity its facilities provided in the second half of 2024 meant it would meet or even exceed revenue targets. This comes after the fund said it had faced a “weak revenue environment” in the first part of the year. In April it reported a £110 million loss compared to a £217m profit the previous year and paused dividends. Fund manager Ben Guest said the organisation was “working hard” on refinancing  and a plan to “re-instate dividend payments”. In a further update, the fund said its 40MW BESS project at Shilton Lane, 11 miles from Glasgow, was  fully built and in the final stages of the NESO compliance process which expected to complete in February 2025. Fund chair John Leggate welcomed “solid progress” in company’s performance, “as well as improvements in NESO’s control room, and commitment to further change, that should see BESS increasingly well utilised”. He added: “We thank our shareholders for their patience as the battery storage industry gets back on track with the most environmentally appropriate and economically competitive energy storage technology (Li-ion) being properly prioritised. “Alongside NESO’s backing of BESS, it is encouraging to see the government’s endorsement of a level playing field for battery storage – the only proven, commercially viable technology that can dynamically manage renewable intermittency at national scale.” Guest, who in addition to managing the fund is also

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In crowded voice AI market, OpenAI bets on instruction-following and expressive speech to win enterprise adoption

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now OpenAI adds to an increasingly competitive AI voice market for enterprises with its new model, gpt-realtime, that follows complex instructions and with voices “that sound more natural and expressive.” As voice AI continues to grow, and customers find use cases such as customer service calls or real-time translation, the market for realistic-sounding AI voices that also offer enterprise-grade security is heating up. OpenAI claims its new model provides a more human-like voice, but it still needs to compete against companies like ElevenLabs. The model will be available on the Realtime API, which the company also made generally available. Along with the gpt-realtime model, OpenAI also released new voices on the API, which it calls Cedar and Marin, and updated its other voices to work with the latest model. OpenAI said in a livestream that it worked with its customers who are building voice applications to train gpt-realtime and “carefully aligned the model to evals that are built on real-world scenarios like customer support and academic tutoring.” AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI. Join our exclusive salon to discover how top teams are: Secure your spot to stay ahead: https://bit.ly/4mwGngO The company touted the model’s ability to create emotive, natural-sounding voices that also align with how developers build with the technology.  Speech-to-speech models The model operates within a speech-to-speech framework, enabling it to understand spoken prompts and respond vocally. Speech-to-speech models are ideally suited for real-time responses, where a person, typically a customer, interacts with an application.  For example, a customer wants to return some products and calls a customer service platform. They could

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Nous Research drops Hermes 4 AI models that outperform ChatGPT without content restrictions

Nous Research, a secretive artificial intelligence startup that has emerged as a leading voice in the open-source AI movement, quietly released Hermes 4 on Monday, a family of large language models that the company claims can match the performance of leading proprietary systems while offering unprecedented user control and minimal content restrictions.The release represents a significant escalation in the battle between open-source AI advocates and major technology companies over who should control access to advanced artificial intelligence capabilities. Unlike models from OpenAI, Google, or Anthropic, Hermes 4 is designed to respond to nearly any request without the safety guardrails that have become standard in commercial AI systems.“Hermes 4 builds on our legacy of user-aligned models with expanded test-time compute capabilities,” Nous Research announced on X (formerly Twitter). “Special attention was given to making the models creative and interesting to interact with, unencumbered by censorship, and neutrally aligned while maintaining state of the art level math, coding, and reasoning performance for open weight models.”Hermes 4 introduces what Nous Research calls “hybrid reasoning,” allowing users to toggle between fast responses and deeper, step-by-step thinking processes. When activated, the models generate their internal reasoning within special tags before providing a final answer — similar to OpenAI’s o1 reasoning models but with full transparency into the AI’s thought process.

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Nvidia’s $46.7B Q2 proves the platform, but its next fight is ASIC economics on inference

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Nvidia reported $46.7 billion in revenue for fiscal Q2 2026 in their earnings announcement and call yesterday, with data center revenue hitting $41.1 billion, up 56% year over year. The company also released guidance for Q3, predicting a $54 billion quarter. Behind these confirmed earnings call numbers lies a more complex story of how custom application-specific integrated circuits (ASICs) are gaining ground in key Nvidia segments and will challenge their growth in the quarters to come. Bank of America’s Vivek Arya asked Nvidia’s president and CEO, Jensen Huang, if he saw any scenario where ASICs could take market share from Nvidia GPUs. ASICs continue to gain ground on performance and cost advantages over Nvidia, Broadcom projects 55% to 60% AI revenue growth next year. Huang pushed back hard on the earnings call. He emphasized that building AI infrastructure is “really hard” and most ASIC projects fail to reach production. That’s a fair point, but they have a competitor in Broadcom, which is seeing its AI revenue steadily ramp up, approaching a $20 billion annual run rate. Further underscoring the growing competitive fragmentation of the market is how Google, Meta and Microsoft all deploy custom silicon at scale. The market has spoken. AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI. Join our exclusive salon to discover how top teams are: Secure your spot to stay ahead: https://bit.ly/4mwGngO ASICs are redefining the competitive landscape in real-time Nvidia is more than capable of competing with new ASIC providers. Where they’re running into headwinds is how effectively ASIC competitors are positioning the combination of their use cases, performance claims

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Forget data labeling: Tencent’s R-Zero shows how LLMs can train themselves

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now A new training framework developed by researchers at Tencent AI Lab and Washington University in St. Louis enables large language models (LLMs) to improve themselves without requiring any human-labeled data. The technique, called R-Zero, uses reinforcement learning to generate its own training data from scratch, addressing one of the main bottlenecks in creating self-evolving AI systems. R-Zero works by having two independent models co-evolve by interacting with and challenging each other. Experiments show that R-Zero substantially improves reasoning capabilities across different LLMs, which could lower the complexity and costs of training advanced AI. For enterprises, this approach could accelerate the development of specialized models for complex reasoning tasks without the massive expense of curating labeled datasets. The idea behind self-evolving LLMs is to create AI systems that can autonomously generate, refine, and learn from their own experiences. This offers a scalable path toward more intelligent and capable AI. However, a major challenge is that training these models requires large volumes of high-quality tasks and labels, which act as supervision signals for the AI to learn from. Relying on human annotators to create this data is not only costly and slow but also creates a fundamental bottleneck. It effectively limits an AI’s potential capabilities to what humans can teach it. To address this, researchers have developed label-free methods that derive reward signals directly from a model’s own outputs, for example, by measuring its confidence in an answer. While these methods eliminate the need for explicit labels, they still rely on a pre-existing set of tasks, thereby limiting their applicability in truly self-evolving scenarios. AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI.

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OpenAI–Anthropic cross-tests expose jailbreak and misuse risks — what enterprises must add to GPT-5 evaluations

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now OpenAI and Anthropic may often pit their foundation models against each other, but the two companies came together to evaluate each other’s public models to test alignment.  The companies said they believed that cross-evaluating accountability and safety would provide more transparency into what these powerful models could do, enabling enterprises to choose models that work best for them. “We believe this approach supports accountable and transparent evaluation, helping to ensure that each lab’s models continue to be tested against new and challenging scenarios,” OpenAI said in its findings.  Both companies found that reasoning models, such as OpenAI’s 03 and o4-mini and Claude 4 from Anthropic, resist jailbreaks, while general chat models like GPT-4.1 were susceptible to misuse. Evaluations like this can help enterprises identify the potential risks associated with these models, although it should be noted that GPT-5 is not part of the test.  AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI. Join our exclusive salon to discover how top teams are: Secure your spot to stay ahead: https://bit.ly/4mwGngO These safety and transparency alignment evaluations follow claims by users, primarily of ChatGPT, that OpenAI’s models have fallen prey to sycophancy and become overly deferential. OpenAI has since rolled back updates that caused sycophancy.  “We are primarily interested in understanding model propensities for harmful action,” Anthropic said in its report. “We aim to understand the most concerning actions that these models might try to take when given the opportunity, rather than focusing on the real-world likelihood of such opportunities arising or the probability that these actions would be successfully completed.” OpenAI noted the tests were designed

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The Download: Google’s AI energy use, and the AI Hype Index

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Google’s still not giving us the full picture on AI energy use  —Casey Crownhart Google just announced that a typical query to its Gemini app uses about 0.24 watt-hours of electricity. That’s about the same as running a microwave for one second—something that feels insignificant. I run the microwave for many more seconds than that most days.I welcome more openness from major AI players about their estimated energy use per query. But I’ve noticed that some folks are taking this number and using it to conclude that we don’t need to worry about AI’s energy demand. That’s not the right takeaway here. Let’s dig into why.
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. + If you’re interested in AI’s energy footprint, earlier this year, MIT Technology Review published Power Hungry: a comprehensive series on AI and energy.
The AI Hype Index: AI-designed antibiotics show promise Separating AI reality from hyped-up fiction isn’t always easy. That’s why we’ve created the AI Hype Index—a simple, at-a-glance summary of everything you need to know about the state of the industry. Take a look at this month’s edition here. The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 The White House has fired the director of the CDCBut Susan Monarez is refusing to go quietly. (WP $)+ Monarez is said to have clashed with RFK Jr over vaccine policy. (NYT $)+ She was confirmed by the Senate to the position just last month. (The Guardian)+ Vaccine consensus is splintering across the US. (Vox) 2 A Chinese hacking campaign hit at least 200 US organizationsIntelligence agencies say the breaches are among the most significant ever. (WP $)+ AI-generated ransomware is on the rise. (Wired $)

3 Ukraine’s new Flamingo cruise missile took just months to buildRussia’s air defenses are weakening. Can this missile exploit the gaps? (Economist $)+ 14 people were killed in an overnight bombardment of Kyiv. (BBC)+ On the ground in Ukraine’s largest Starlink repair shop. (MIT Technology Review) 4 AI infrastructure spending is boosting the US economyCompanies are throwing so much money at AI hardware it’s lifting the real economy, not just the stock market. (NYT $)+ How to fine-tune AI for prosperity. (MIT Technology Review)5 OpenAI and Anthropic safety-tested each other’s AIThey found Claude is a lot more cautious than OpenAI’s mini models. (Engadget)+ Sycophancy was a repeated issue among OpenAI’s models. (TechCrunch)+ This benchmark used Reddit’s AITA to test how much AI models suck up to us. (MIT Technology Review) 6 Climate change exacerbated Europe’s deadly wildfiresAnd fires across the Mediterranean are likely to become more frequent and severe. (BBC)+ What the collapse of a glacier can teach us. (New Yorker $)+ How AI can help spot wildfires. (MIT Technology Review) 7 911 centers are using AI to answer callsIt’s helping to triage anything that isn’t urgent. (TechCrunch) 8 Wikipedia has compiled a list of AI writing tropesBut their presence still isn’t a dead giveaway a text has been written by AI. (Fast Company $)+ AI-text detection tools are really easy to fool. (MIT Technology Review) 9 Melania Trump has launched the Presidential AI Challenge But it’s not all that clear what the competition actually is. (NY Mag $) 10 Netflix’s algorithm-appeasing movies are bland and boringBut millions of people will watch them anyway. (The Guardian)
Quote of the day “The more you buy, the more you grow.”
—Nvidia CEO Jensen Huang conveniently sees no end to the AI chip spending boom, Reuters reports.

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Enbridge Makes FID on Algonquin Gas Transmission Enhancement Project

Enbridge Inc. said it has reached a final investment decision on the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement). Enbridge signed a commercial agreement for AGT Enhancement, which is expected to increase deliveries on the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast, the company said in a news release. Once completed, AGT Enhancement will deliver approximately 75 million cubic feet per day (Mmcfpd) of incremental natural gas, under long-term contracts, to “investment-grade counterparties” in the U.S. Northeast, where natural gas is a key component of the energy mix in the region, Enbridge said. The project is designed to increase reliable supply and improve affordability by reducing winter price volatility for customers, the company stated. Enbridge said it expects to invest $0.3 billion in system upgrades within, or adjacent to, existing rights-of-way. Subject to the timely receipt of the required government and regulatory approvals, the company expects to complete AGT Enhancement in 2029. FID on Eiger Express Pipeline Further, through its Matterhorn joint venture, Enbridge said it also reached a final investment decision on the Eiger Express Pipeline, a pipeline with capacity of up to 2.5 billion cubic feet per day (Bcfpd) from the Permian Basin to the Katy area to serve the growing U.S. Gulf Coast liquefied natural gas (LNG) market, according to the release. The pipeline is designed to transport up to 2.5 Bcfpd of natural gas through approximately 450 miles of 42-inch pipeline from the Permian Basin in West Texas to the Katy area, the release said. Upon the expected completion of Eiger in 2028, Enbridge said it expects to own a “meaningful equity interest” in up to 10 Bcfpd of long-haul Permian Basin egress pipeline capacity that is connected to key storage facilities and LNG export hubs along the

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Who Are The Top USA Land Drillers and Customers?

In a statement sent to Rigzone recently by the Enverus team, Enverus announced that it has released its “updated list of top drillers and customer rankings in the United States”. According to the complete Enverus list of ‘Top U.S. Land Drillers of 1Q25 by Footage’, which was accessed by Rigzone, Helmerich & Payne, Inc. took the top spot, with a total drilled measured depth of 16.4 million feet, a well count of 859, and an average rig count of 146. Patterson-UTI Drilling Company took second place in this list – with a total drilled measured depth of 10.7 million feet, 540 wells, and an average rig count of 98 – Nabors Industries, Ltd. was third – with a total drilled measured depth of 7.1 million feet, 366 wells, and an average rig count of 60 – Ensign Energy Services, Inc. came in fourth – with a total drilled measured depth of 3.4 million feet, 206 wells, and an average rig count of 33 – and Precision Drilling Corporation ranked fifth – with a total drilled measured depth of 3.2 million feet, 180 wells and an average rig count of 28. According to the complete Enverus list of ‘Top U.S. Land Drilling Customers of 1Q25 by Footage’, which was also accessed by Rigzone, Exxon ranked first, with a total drilled measured depth of 5.0 million feet, a well count of 225, and an average rig count of 36. EOG came in second place on this list – with a total drilled measured depth of 3.5 million feet, 167 wells, and an average rig count of 24 – ConocoPhillips ranked third – with a total drilled measured depth of 3.4 million feet, 184 wells, and an average rig count of 32 – Occidental was fourth – with a total drilled measured depth

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Wison Signs EPCIC Contract for Sakarya Gas Project Offshore Turkiye

Wison New Energies said it signed an engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Turkish Petroleum Corporation (TPAO) for the floating production unit (FPU) project in phase 3 of the Sakarya Gas Field off the coast of Turkiye. As a flagship project in Türkiye’s national energy strategy, the phase 3 development of the Sakarya Gas Field will “significantly enhance the country’s energy self-sufficiency, reduce its dependence on natural gas imports, and boost domestic gas supply capacity,” Wison said in a news release. Located approximately 105.6 miles (170 kilometers) offshore in the Black Sea at a water depth of 2,150 meters, the Sakarya Gas Field was discovered in August 2020 with proven gas reserves of 14.3 trillion cubic feet (405 billion cubic meters), according to the release. The field, which is Türkiye’s largest-ever natural gas discovery, is being developed in three phases by TPAO. As a centerpiece of phase 3, the FPU has to meet the Black Sea’s challenging conditions, including navigating the Bosphorus Strait’s 56-meter air draft restriction, Wison said. The FPU will be designed with a gas export rate of 883 million standard cubic feet per day, a produced water treatment capacity of 1,350 cubic square meters per day, and a monoethylene glycol (MEG) regeneration and injection capacity of 2,503 cubic meters per day for hydrate inhibition, with a minimum 30-year design life, the company said. Wison Chairman Liu Hongjun said, “This collaboration represents a major milestone in Wison’s internationalization strategy and another significant breakthrough in our deepwater engineering capabilities. We look forward to supporting the goals of the Sakarya Gas Field through innovative floating solutions and efficient resource integration, contributing to the advancement of Turkey’s energy sector”. TPAO CEO Ahmet Turkoglu said, “We are pleased to collaborate with Wison New Energies to advance the Sakarya phase

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Putin says organ transplants could grant immortality. Not quite.

This week I’m writing from Manchester, where I’ve been attending a conference on aging. Wednesday was full of talks and presentations by scientists who are trying to understand the nitty-gritty of aging—all the way down to the molecular level. Once we can understand the complex biology of aging, we should be able to slow or prevent the onset of age-related diseases, they hope. Then my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying, according to footage livestreamed by CCTV to multiple media outlets. “With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. SERGEI BOBYLEV, SPUTNIK, KREMLIN POOL PHOTO VIA AP There’s a striking contrast between that radical vision and the incremental longevity science presented at the meeting. Repeated rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon.
First, back to Putin’s proposal: the idea of continually replacing aged organs to stay young. It’s a simplistic way to think about aging. After all, aging is so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Having said that, there may be some merit to the idea of repairing worn-out body parts with biological or synthetic replacements. Replacement therapies—including bioengineered organs—are being developed by multiple research teams. Some have already been tested in people. This week, let’s take a look at the idea of replacement therapies.
No one fully understands why our organs start to fail with age. On the face of it, replacing them seems like a good idea. After all, we already know how to do organ transplants. They’ve been a part of medicine since the 1950s and have been used to save hundreds of thousands of lives in the US alone. And replacing old organs with young ones might have more broadly beneficial effects. When a young mouse is stitched to an old one, the older mouse benefits from the arrangement, and its health seems to improve. The problem is that we don’t really know why. We don’t know what it is about young body tissues that makes them health-promoting. We don’t know how long these effects might last in a person. We don’t know how different organ transplants will compare, either. Might a young heart be more beneficial than a young liver? No one knows. And that’s before you consider the practicalities of organ transplantation. There is already a shortage of donor organs—thousands of people die on waiting lists. Transplantation requires major surgery and, typically, a lifetime of prescription drugs that damp down the immune system, leaving a person more susceptible to certain infections and diseases. So the idea of repeated organ transplantations shouldn’t really be a particularly appealing one. “I don’t think that’s going to happen anytime soon,” says Jesse Poganik, who studies aging at Brigham and Women’s Hospital in Boston and is also in Manchester for the meeting. Poganik has been collaborating with transplant surgeons in his own research. “The surgeries are good, but they’re not simple,” he tells me. And they come with real risks. His own 24-year-old cousin developed a form of cancer after a liver and heart transplant. She died a few weeks ago, he says. So when it comes to replacing worn-out organs, scientists are looking for both biological and synthetic alternatives.   We’ve been replacing body parts for centuries. Wooden toes were used as far back as the 15th century. Joint replacements have been around for more than a hundred years. And major innovations over the last 70 years have given us devices like pacemakers, hearing aids, brain implants, and artificial hearts.

Scientists are exploring other ways to make tissues and organs, too. There are different approaches here, but they include everything from injecting stem cells to seeding “scaffolds” with cells in a lab. In 1999, researchers used volunteers’ own cells to seed bladder-shaped collagen scaffolds. The resulting bioengineered bladders went on to be transplanted into seven people in an initial trial.  Now scientists are working on more complicated organs. Jean Hébert, a program manager at the US government’s Advanced Research Projects Agency for Health, has been exploring ways to gradually replace the cells in a person’s brain. The idea is that, eventually, the recipient will end up with a young brain. Hébert showed my colleague Antonio Regalado how, in his early experiments, he removed parts of mice’s brains and replaced them with embryonic stem cells. That work seems a world away from the biochemical studies being presented at the British Society for Research on Ageing annual meeting in Manchester, where I am now. On Wednesday, one scientist described how he’d been testing potential longevity drugs on the tiny nematode worm C. elegans. These worms live for only about 15 to 40 days, and his team can perform tens of thousands of experiments with them. About 40% of the drugs that extend lifespan in C. elegans also help mice live longer, he told us. To me, that’s not an amazing hit rate. And we don’t know how many of those drugs will work in people. Probably less than 40% of that 40%. Other scientists presented work on chemical reactions happening at the cellular level. It was deep, basic science, and my takeaway was that there’s a lot aging researchers still don’t fully understand. It will take years—if not decades—to get the full picture of aging at the molecular level. And if we rely on a series of experiments in worms, and then mice, and then humans, we’re unlikely to make progress for a really long time. In that context, the idea of replacement therapy feels like a shortcut.
“Replacement is a really exciting avenue because you don’t have to understand the biology of aging as much,” says Sierra Lore, who studies aging at the University of Copenhagen in Denmark and the Buck Institute for Research on Aging in Novato, California. Lore says she started her research career studying aging at the molecular level, but she soon changed course. She now plans to focus her attention on replacement therapies. “I very quickly realized we’re decades away [from understanding the molecular processes that underlie aging],” she says. “Why don’t we just take what we already know—replacement—and try to understand and apply it better?” So perhaps Putin’s straightforward approach to delaying aging holds some merit. Whether it will grant him immortality is another matter. This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here.

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Analysts Reveal OPEC+ Expectation

In a report sent to Rigzone on Wednesday by the Standard Chartered team, Standard Chartered Bank analysts said they expect OPEC+ “to continue focusing on compliance”. The analysts highlighted in the report that “the OPEC+ nine is scheduled to meet virtually” this Sunday, adding that “the unwinding of the November 2023 tranche of voluntary output cuts will be complete with September loadings”. “Attention will then focus on the April 2023 tranche, which totals 1.66 million barrels per day,” the analysts noted. They went on to state in the report that “there is no pressing requirement to address the unwinding of this tranche yet”, adding that they “expect members to do so only if balances and forward curves appear supportive of adding further barrels to the market”. “Instead, we expect the communication to focus on compliance,” they continued. The Standard Chartered Bank analysts stated in the report that the market “shrugged off the higher than expected rises delivered by the OPEC+ eight earlier this year” but warned that “any headlines on the potential return of the April 2023 tranche of barrels are likely to cause short-term softness”. “However, we believe the number of actual returning barrels will be significantly less than any nominal value, given capacity constraints and over-production compensation schedules, and will in fact start to expose the impending tightness in spare capacity,” the analysts added. In a report sent to Rigzone on Thursday, Aaron Hill, Chief Strategist of FP Markets, said “oil markets … took a sizeable hit on Wednesday, down more than 2.0 percent amid concerns that OPEC+ could boost supply again, raising concerns about a potential supply glut”. In a market analysis sent to Rigzone on the same day, Ahmad Assiri, Research Strategist at Pepperstone, said “oil sold off, WTI down 2.6 percent and Brent -2.4 percent,

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Anaergia Bags Second Italian Job from Bioenerys

Anaergia Inc., through Anaergia S.r.l., has secured a new deal with a Bioenerys subsidiary to enlarge and enhance the latter’s anaerobic digestion facility in Ariano nel Polesine, in northern Italy. The new deal is in addition to the previous contract awarded by Bioenerys in Moglia, Italy, that involves similar facility optimizations. Similar to the Moglia enhancement, the new work will boost the processing capacity for agricultural waste and more than double the amount of biomethane introduced into the grid, enhancing Bioenerys’ position as a significant renewable energy supplier, Anaergia said. “Anaergia’s proven technology is now to be utilized in two different plants of Bioenerys”, Andrea Sgorbini, CEO of Bioenerys’ Agricultural Residues division, said. “This will strengthen Bioenerys’ role as a key provider of sustainable solutions for farmers and agricultural residue producers, while greatly boosting our renewable energy output”. “Anaergia’s suite of proven solutions puts us in an unparalleled position to help our clients meet their objectives”, Assaf Onn, CEO of Anaergia, said. The Ariano nel Polesine upgrade is expected to be completed by the end of 2026, Anaergia said. Anaergia expects to generate CAD 11 million ($7.9 million) in revenue from the new contract. Earlier Anaergia finalized an agreement with Norbiogas Renovables, a branch of the Nortegas Group, a prominent Spanish firm focused on renewable gas infrastructure initiatives. Anaergia said it will provide a full range of services and employ its cutting-edge, tested technology for a new anaerobic digestion facility. To contact the author, email [email protected] What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network. The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community

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