Oil futures dropped Wednesday as Iran announced agreement to resume negotiations with EU and U.S. oil inventories rose.

European Union

Oil and Gas Sector

Iran

Rigzone

Oil Drops On Iran and EU Announcement

This funding opportunity announcement will facilitate engineering studies of advanced DAC systems capable of removing 5,000 tons of CO2 per year from the air.

DOE Sets Up $Multimillion Direct Air Capture Fund

The collaboration is said to be the largest of its kind in the oil and gas industry.

ADNOC in Landmark Clean Energy Partnership

The company said the achievement of first oil was a true testament to the lean operations of the Yme New Development project.

Repsol Brings Yme Online

ExxonMobil has decided to support an initiative to reduce methane emissions by 30 percent below 2020 levels by 2030.

Exxon Mobil

Exxon Supports Global Methane Reduction Pledge

The state-owned Central Energy Fund, which manages the country's energy assets, is looking at acquiring the 180,000-barrel-a-day plant.

South Africa Energy Fund Mulls Buying Sapref Refinery

(Bloomberg) -- Equinor ASA is boosting natural gas exports to ease Europe’s supply crunch, sacrificing some oil production in the process.  Continue Reading. Read more on Business News by BloombergQuint.

Business

Finance

Bloomberg Quint

Equinor Boosts Gas Exports by Sacrificing Some Oil Volumes

Valaris has been awarded a two-year deal for a drillship by ExxonMobil offshore Angola.

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