Energy
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Chevron says it will expand operations in Venezuela, including a $7 billion investment over 5 years
The announcement comes just days after President Donald Trump announced a deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.
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National Academies of Sciences faces growing scrutiny as docs reveal deep climate-advocacy bias
A trove of thousands of documents include an email from Marcia McNutt, who was then-president of the National Academies of Sciences, asking to use funding to block the EPA from rescinding the endangerment finding, which she said was supported by “climate deniers.”
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Federal court strikes down New York's climate 'superfund' law, arguing it's preempted by federal law
New York Gov. Kathy Hochul, a Democrat, signed the bill in 2024. It would have required oil companies to pay a total of $3 billion a year for the next 25 years.
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Germany to slash climate fund by $34 billion through 2030 as part of an effort to reduce spending
The government has argued that a subsidy program it launched to lower energy-intensive industries will justify cuts to the climate and transformation fund.
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Oil prices go over $80 per barrel as Trump threatens to take over Strait of Hormuz
Between July 6 and July 14, the West Texas Intermediate price of oil went up approximately 13%, and Tuesday's price brings the market back to where it was last month prior to any ceasefire agreements.
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New York Gov. Hochul signs statewide moratorium on data centers, the first in the U.S.
While the moratorium is in effect, the state will create a regulatory framework for assessing how the facilities impact the environment.
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New legislation seeks to shield energy sector from climate lawsuits
The "Stop Climate Shakedowns Act" aims to preemptively block state-led environmental lawsuits, affirming federal authority against local climate accountability efforts
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Venezuela reforms its socialist oil policies, and production soars with Trump’s help
Venezuela’s acting president, Delcy Rodriguez, this week signed regulations reforming the country’s main oil law, and American oil companies are looking to invest.
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Shuttered Arizona coal plant to reopen as natural gas facility
The Cholla Power Plant, in Arizona's Navajo County, closed last year after 63 years of operation.
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Renewable advocates pin hopes on batteries to fix intermittency, but costs are prohibitive: report
“This study demonstrates that a wind-solar-battery policy to meet electricity demand is physically implausible, cost-prohibitive, and unjustifiable on the basis of goals to reduce CO2 emissions,” the researchers conclude.
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Trump administration picks expert who disputes climate crisis narrative to head key climate program
Feeling that a career in academia would be too restrictive on his intellectual freedom, Dr. Matt Wielicki left the university and has since called himself a "professor in exile."
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Ford's EV sales drop 40% in the second quarter
The company's new vehicle sales, which includes its gas-powered lines, dropped 10.3% in the quarter.
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Justice Department, FTC ask state AGs to investigate Trump's allegations of gasoline price gouging
In their letter, the FTC and DOJ direct state attorneys general to investigate, under their state laws, Trump's allegations that since gasoline prices haven't immediately dropped as oil prices have, then Big Oil is engaging in illegal price gouging.