Under the agreement with PDVSA, Eni will oversee the field's technical, financial, and commercial management. Separately, independent energy company GeoPark has announced its strategic entry into Venezuela through the Bare Block, a large-scale heavy-oil-producing asset.

In a 2-1 vote, The Texas Railroad Commission approved the Rose carbon capture and storage project in Southeast Texas, which is planned to store up to 5 million tonnes of carbon dioxide per year.

Honorees Rajan Chokshi and Mike Poythress say the guidance they received, and later shared with others, helped shape decades of innovation and leadership in artificial lift.