Boom Supersonic, the company building the world’s fastest airliner, today announced a backlog of more than $1.25 billion for its Superpower turbine and revealed its launch customer, Crusoe. The company also closed a $300 million funding round led by Darsana Capital Partners, with participation from Altimeter Capital, ARK Invest, Bessemer Venture Partners, Robinhood Ventures and
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Blue Current, a leader in safe, high-performance silicon solid-state batteries, has announced a more than $80 million Series D extension funding round. The round is anchored by Amazon.com, with participation from Koch Disruptive Technologies (“KDT”), Piedmont Capital, Rusheen Capital Partners, and Allen & Company. The fundraise accelerates the commercialization phase of Blue Current’s silicon composite
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The University of Texas at Austin is giving energy students an unprecedented opportunity to harness computational science to make nuclear, oil and gas, and other energy systems safer and more efficient. The initiative provides students with exposure to the latest advances in computational science that are revolutionizing the energy sector and aligns with the State
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Reliant, an NRG company, and GoodLeap today announced a new collaboration to make the benefits of residential home battery power more accessible for Texans. Reliant leads Texas in home energy innovation and GoodLeap is one of America’s leading tech companies delivering best-in-class financing and software products for sustainable solutions, including solar panels and batteries. Reliant,
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by Hu Jianguo, Chief Technical Expert, Changqing Oilfield Branch, China National Petroleum Corporation (CNPC) Amid the relentless tide of technological innovation, AI has emerged as a pivotal driver of the digital revolution and industrial transformation, serving as an engine for cultivating and developing new productive forces. Today, AI development has entered the era of large
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Digital innovation is rapidly emerging as a defining force for the oilfield services (OFS) sector as it adapts to changing market conditions, creating opportunities for steady, long-term growth. Rystad Energy predicts that in the next five years, the oil and gas industry could save more than $320 billion by further digitalizing operations in five key
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Chevron has announced an organic capital expenditure range of $18 to $19 billion for consolidated subsidiaries (capex) for 2026, at the low-end of the long-term guidance range of $18 to $21 billion. Affiliate capital expenditure (affiliate capex) is expected to be $1.3 to $1.7 billion for 2026. “Our 2026 capital program focuses on the highest-return
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The Global AI in Oil and Gas Market is estimated to be valued at around USD 5.29 billion in 2024 and is projected to reach approximately USD 32.98 billion by 2033, growing at a CAGR of about 22.9 percent during the forecast period. Artificial intelligence technologies are increasingly used across upstream, midstream and downstream operations
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Targa Resources announced a definitive agreement under which a wholly-owned subsidiary of Targa will acquire Stakeholder Midstream, LLC (“Stakeholder”) for $1.25 billion in cash. Stakeholder provides natural gas gathering, treating, and processing services and crude gathering and storage services in the Permian Basin, including approximately 480 miles of natural gas pipelines, approximately 180 million cubic feet
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The 2026 agenda will feature a robust lineup of industry experts from leading organizations, providing deep dives into cutting-edge AI applications We are proud to once again host the industry’s most influential minds as they share practical strategies for leveraging AI to enhance efficiency, safety, and sustainability.” — Symon Rubens, CEO, Energy Conference Network The
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CQR, a Saudi-headquartered cybersecurity firm specializing in operational technology (OT), has unveiled FENNEC, a next-generation platform engineered to safeguard the industrial backbone of Saudi Arabia and the wider region. Designed and built locally, FENNEC is the first OT-native platform to merge full-stack visibility with embedded AI monitoring, enabling asset owners to reduce compliance workload by as
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The Smart Hazardous Gas Monitoring Market size was valued at USD 3.38 Billion in 2025E and is projected to reach USD 6.64 Billion by 2033, growing at a CAGR of 8.84% during 2026-2033. The Smart Hazardous Gas Monitoring Market analysis highlights the growing demand for advanced detection technologies that ensure workplace safety and regulatory compliance. Rising industrialization
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