Energy
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U.S. makes first sale of Venezuelan oil
The sale netted $500 million.
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Trump seeks deals with oil companies as he tries to secure American interests in South America
Trump has a lot of interest in revitalizing Venezuelan oil production, including the leverage it will give the U.S. over China. Some oil companies want much more assurance before they'll risk investing in the county's industry, but others say they're ready to get started now.
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As gas supplies in California dwindle, Newsom works to secure imports with ‘Big Oil’ he once fought
Strange bedfellows: A refining company that's shutting down a California refinery announced it will boost the state's gas supplies with imports. Gov. Gavin Newsom took credit for his leadership in "working closely" with the company. Only a few years ago, Newsom was proudly proclaiming he fought "Big Oil" and won.
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Ford delays electric truck production launch at Tennessee's Blue Oval City
“Retiming the launch allows the company to utilize lower-cost battery technology and take advantage of other cost breakthroughs while the market continues to develop,” Ford said.
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Texas oil and natural gas production reached new record highs in July
Texas now accounts for 42.8% of all U.S. crude oil production and 28.3% of all U.S. natural gas marketed production year-to-date through July 2024, according to TXOGA estimates.
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Washington truckers warn California emissions policy threatens supply chain
Under California’s Advanced Clean Trucks program, the trucking industry must progressively transition to zero emissions for medium and heavy-duty trucks.
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State council releases revised Horse Heaven clean energy project proposal
The Horse Heaven Clean Energy Project would be the largest wind energy farm in the state, with 244 turbine locations and two solar arrays at the Horse Heaven hills in Benton County. Boulder, Colorado-based Scout Clean Energy, which would run the site, first filed their application in 2021.
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Federal government approves Maine's offshore wind research facility
The Bureau of Ocean Energy Management has agreed to lease a 15-mile tract of federal waters to Maine for the project, which will involve setting up a dozen floating windmills about 30 miles off the coast.
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Anti-fossil fuel crusaders plop down $55 million in support of Harris campaign
The the pro-wind and solar ad campaign targets the swing states of Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin, as well as Nebraska’s 2nd Congressional District.
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Texas oil and gas industry calls on Congress to pass permitting reform
Texas energy producers paid $557 million in oil production taxes last month, a 27% increase from last July, and $164 million in natural gas production taxes, according to state comptroller data.
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Michigan Line 5 case to remain in state court, a setback for Enbridge Energy
But the company said it still “remains confident” that a separate case in federal court regarding Line 5’s continued operation will end in favor of the pipeline and thereby resolve the Michigan dispute.
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Uranium transportation negotiations kick off between Navajo and mining company
Earlier this month, the Navajo Nation unsuccessfully sent out law enforcement in hopes to thwart two trucks with uranium ore from being driven across the reservation.
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Has Musk’s endorsement of the Trump campaign softened its positions on energy and climate?
How much Musk’s support for a second Trump presidency has changed Trump’s rhetoric on climate and energy depends on who you ask, but some analysts see a difference.