Other headlines of energy stories

** A recently finalized federal biological assessment of ConocoPhillips’ proposed Willow oil and gas project in Alaska indicates the Biden administration is leaning toward approving the controversial plan.

** The federal Bureau of Land Management approves the first carbon dioxide sequestration project on public land at an ExxonMobil natural gas field in Wyoming.

** Colorado and Xcel Energy offer incentives to replace the 1,100 homes destroyed in last year’s Marshall Fire with all-electric, energy efficient structures.

** In an effort to combat the devastating drought conditions hitting California, the Golden State will become the first in the nation to install solar panel canopies over canals. The $20 million pilot project funded by the state has been dubbed “Project Nexus.”

** The U.S. Environmental Protection Agency and Transportation Department on Saturday took steps to help alleviate potential fuel shortages in four states after the unanticipated shutdown of the BP Whiting, Indiana refinery. The EPA said Saturday it waived through Sept. 15 federal regulations for fuel volatility on gasoline sold in Illinois, Indiana, Michigan, and Wisconsin, to facilitate the supply of fuel.

** NextEra Energy, Inc. and NextEra Energy Partners, LP announced that members of the senior management team will participate in various investor meetings throughout the end of August and the month of September. They plan to discuss, among other things, long-term growth rate expectations for NextEra Energy and NextEra Energy Partners.

** As California moves to ban internal combustion vehicle sales, experts say ConnecticutMassachusetts and Vermont are among northeastern states that will likely follow suit, while Maine’s governor says she doesn’t support the measure.

** A state climatologist warns Louisiana is “the most vulnerable state in the country” to climate change as it faces rising seas, more extreme hurricanes and other consequences.

 

 

World

** UK energy bills to rise by 80% in October as regulator announces hike.

** Luxury EV maker  will provide battery and charging systems to electric boat firm Candela after the two Swedish companies signed a multi-year agreement.

** An Australian bank plans to stop giving loans for new diesel and gasoline cars as the country tries to encourage the use of electric vehicles and catch up with other developed countries. In a statement Friday, Bank Australia said it would scrap loans for new fossil fuel vehicles from 2025.

** If Iran reaches a new nuclear deal with the U.S., it has an estimated 93 million barrels of crude stored in offshore vessels that could be immediately returned to the commercial markets.

** French utility Engie SA is closing in on an agreement with Algeria for an increase in imports of natural gas, a deal that could come after an official visit to the country by President Emmanuel Macron.

** South Korean officials will meet U.S. counterparts this week to express “concerns” about the Inflation Reduction Act, which restricts who can receive U.S. subsidies for the production of electric vehicles and where firms can source battery materials.