Kristen Stewart is beautiful in a strapless midnight blue silk satin organza gown by Monique Lhuillier and Bally shoes as she arrives at the 2010 Oscars held at the Kodak Theater in Los Angeles on Sunday evening.

Taylor Lautner and Kristen Stewart were both spotted at the Vanity Fair Oscar Party in West Hollywood.

The 19-year-old Twilight actress Stewart opted for a shimmery black strapless dress while Taylor kept it classic in a black tuxedo with a bow tie.

Earlier in the evening, Taylor and Kristen were spotted onstage together at the Kodak Theatre where they presented a trophy at the 82nd Annual Academy Awards.

And coming up this spring, they’ll be taking over box offices once again when their new film “Eclipse” is released.

Stewart definitely turned some heads when she stepped foot on the red carpet of the Academy Awards.

Kristen Stewart and Oscars 2010 Red Carpet :

Robert Pattinson admitted after the BAFTA Awards, he is dating his Twilight co-star Kristen Stewart.

Pattinson has previously been very guarded about his love life but admitted at the BAFTA Awards after-party on Sunday night he and Kristen are an item.

Robert Pattinson, 23, insists they have only avoided going public with their relationship before now because they were worried about being hounded by obsessed fans.

Speaking at the post-BAFTAs dinner held at London’s Grosvenor House Hotel, he said: “It is extremely difficult but we are together, yes. We can’t arrive at the same time because of the fans, it goes crazy.

“This was supposed to be a public appearance as a couple but it’s impossible. We are here together and it’s a public event but it’s not easy. We have to do all this stuff to avoid attention.”

Robert presented a gong while 19-year-old Kristen picked up the Orange Rising Star award.

Robert Pattinson on BAFTA red carpet;