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Carbon capture and storage
Phase 2 of Northern Lights CCS Project Gets Green Light
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.
LNG
US Ranked as World's Top LNG Exporter in 2024, EIA Reports
US LNG exports to Asia rose from 3.1 Bcf/D in 2023 to 4 Bcf/D last year.
SPE News
Empowering Women and Girls in STEM: A Recap of an Inspiring Event at the University of Guyana
Amia Morgan, SPE, highlights this event designed to bring together students, young professionals, and seasoned industry experts to foster mentorship, inspire the next generation of STEM leaders, and promote inclusivity.
LNG
Excelerate Buys New Fortress’ Jamaican Assets for $1 Billion
Assets include regasification and power generation facilities along with associated pipelines.
Drilling
OMV Petrom, Romgaz Spud First Neptun Deep Gas Well in Black Sea
Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
SPE News
JPT Streamlines Member Access to Monthly Edition
Starting in May, the same trusted content will be available exclusively as web articles.
Emission management
IOGP Updates Recommended Practices for Methane Emissions Detection
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.
Asset/portfolio management
Eni Sells Vitol Stakes in Congo LNG, Baleine Field in Côte d’Ivoire
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.
AI/machine learning
Siemens Acquires Altair To Bolster Portfolio of AI-Powered Industrial Software
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.
SPE News
OTC Recognizes 2025 Spotlight on New Technology Award Winners
Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.
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