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• Energy Dept. doles out up to $1.2B for 2 DAC projects
  The Energy Department is awarding up to $1.2 billion in grants to two proposed direct air capture hubs...
  The Energy Department is awarding up to $1.2 billion in grants to two proposed direct air capture hubs in the US, one of which is from an Occidental Petroleum unit in Texas and the other led by the Battelle Memorial Institute and partners in Louisiana. "These hubs are going to help us prove out the potential of this game-changing technology so that others can follow in their footsteps," said Energy Secretary Jennifer Granholm.
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• Colombia's Ecopetrol hails new oil and gas discovery
  Reuters - Colombia's majority state-owned oil company Ecopetrol on Thursday reported a new oil and gas...
  Reuters - Colombia's majority state-owned oil company Ecopetrol on Thursday reported a new oil and gas discovery in Putumayo province.
  
  The Alqamari-2 well was drilled to a depth of 9,287 feet and saw a daily flow of 1,800 barrels of oil, Ecopetrol said in a statement.
  

  The oil is a light hydrocarbon. The rate of associated gas that the well produces is up to 825,000 cubic feet per day, it said.

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• Oil prices could rise further this year, but 2024 demand to slow sharply: IEA
  LONDON (Reuters) -OPEC+ supply cuts could erode...
  LONDON (Reuters) -OPEC+ supply cuts could erode oil inventories in the rest of this year, potentially driving prices even higher, before economic headwinds limit global demand growth in 2024, the International Energy Agency (IEA) said on Friday.
  
  Tighter supply driven by oil output cuts from OPEC and its allies, together known as OPEC+, and rising global demand have underpinned a rally in oil prices, with Brent crude hitting highs of over $88 a barrel on Thursday, the highest since January.
  
  The IEA said if OPEC+ current targets are maintained, oil inventories could draw by 2.2 million barrels per day (bpd) in the third quarter and 1.2 million bpd in the fourth, "with a risk of driving prices still higher".
  
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• ☕️What Else is Brewing Friday Morning
  Virgin Galactic successfully launched its ...
  Virgin Galactic successfully launched its first crew of tourists into space.
  
  The number of US suicides reached a record high last year, according to preliminary CDC data.
  
  Waymo and Cruise have gotten permission from California regulators to run robotaxis 24/7 in San Francisco.
  
  Amazon is scrapping 27 of its 30 private-label clothing brands to a) cut costs and b) fend off regulatory scrutiny, per the WSJ.
  
  Update: Lil Tay, the social media star whose Instagram account said she died on Wednesday, said she was very much alive and that her account was hacked.
  
  A New Zealand supermarket’s experiment using AI to generate recipes didn’t go well. The AI recommended meals such as deadly chlorine gas and “poison bread sandwiches.” Chefs, you’re safe for now.
  
  
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• Jailed Americans freed from Iranian prison
  Thanks to a ...
  Thanks to a US–Iran swap, five Iranian American dual citizens held in the notoriously brutal Evin Prison in Tehran have been moved to house arrest, according to a lawyer for one of them, and they’ll soon be allowed to leave the country. In exchange, the US promised to release multiple Iranians incarcerated for violating sanctions and will allow Iran to use $6 billion of frozen funds for humanitarian purposes, multiple news outlets reported. The agreement comes as a number of Americans remain in foreign prisons on dubious charges, including WSJ reporter Evan Gershkovich, who is detained in Russia.
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