Global fossil fuel industry is sitting on a potentially game-changing resource - and it's not oil or gas

Schlumberger-Thermal Energy venture GeoFrame Energy's targeting of deep geothermal resources in oil and gas basins could offer cheap source of renewables

Deep resource: Visitors take pictures of the Svartsengi geothermal power plant near the Blue Lagoon hot springs outside the town of Grindavik, Iceland.
Deep resource: Visitors take pictures of the Svartsengi geothermal power plant near the Blue Lagoon hot springs outside the town of Grindavik, Iceland.Photo: REUTERS/SCANPIX
Published 14 September 2020, 17:53Updated 14 September 2020, 20:12