Vattenfall has been awarded $11.6 million in innovation funding from the Net-Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 fund by the UK Government.
Venezuela and Spain's Repsol SA signed a new contract for a jointly-run oil venture as the Andean nation seeks to ramp up production after the U.S. eased sanctions.
The arrest of vice minister for oil Erick Perez and vice minister for gas Juan Santana followed the detention of a former oil minister amid a probe into billions of lost PDVSA revenue.