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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.

The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.

The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.

Switching from continuous circulation to cyclic huff-‘n’-puff operation in enhanced geothermal systems can significantly delay thermal breakthrough, sustain higher production temperatures, and improve long-term economic performance.

KTH researchers unveil a nickel–iron catalyst that speeds up water splitting, boosting efficient, sustainable hydrogen production.

Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.

Following the start of injection in August, Northern Lights has issued the very first set of certificates documenting that the carbon dioxide captured from the Heidelberg Materials cement factory has been transported and stored permanently in the Aurora reservoir.

The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.

The two companies say they plan to work together to use agentic AI to increase the capabilities of technical experts.

The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.