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Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.

The $1.65 billion deal adds to Vitol’s presence in the West African upstream while enabling Eni to cash out early on the value of some assets while retaining an interest in future revenues.

The combined group will be renamed NEO NEXT Energy and is expected to become one of the largest independent producers in the North Sea.

This is DNO's tenth significant find in the hotspot area offshore Norway.

The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.

The revised report provides upstream oil and gas operators with a framework and guidelines to help select and deploy methane emissions detection and quantification technologies.

The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.

Assets include regasification and power generation facilities along with associated pipelines.

The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.

This paper introduces a novel optimization framework to address CO2 injection strategies under geomechanical risks using a Fourier neural operator-based deep-learning model.

The energy-focused LLM project by Aramco Americas, SPE, and i2k Connect has entered the testing phase and is on track for licensing to operators later this year.

The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.