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The new system at the US Department of Energy’s Argonne National Laboratory achieved more than a quintillion calculations per second.

The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.

The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.

Definition and call for participation in the 11th Society of Petroleum Engineers Comparative Solution Project, which is motivated by the immense challenge of achieving geological carbon storage at a scale that impacts significantly atmospheric emission of carbon dioxide.

The first wells from the current North Sea development project are expected online in 2026.

Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.

Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.

In February 2024, SPE fielded a survey to all professional and student members and recent former members. A record 9,706 assessments were completed—the highest participation across any of SPE’s previous membership surveys. Members from around the world and all age groups participated, representing a diverse set of feedback.

TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.

A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.

The latest successful drilling campaign brings Suriname’s discovered resources to over 2.4 billion bbl of oil, according to Wood Mackenzie.

The plant is designed for a capture capacity of up to 36,000 tons of CO₂ per year once in full swing by filtering CO₂ from the air and storing it permanently underground. The company is also developing multiple megaton hubs in the US.