Other energy headlines

**  U.S. climate envoy John Kerry on Tuesday urged China to resume bilateral talks to avert a global warming crisis, and called on world leaders to speed up their energy transition away from fossil fuels.

** The US is on track to hit ambitious emissions-reduction goals following recent climate legislation that encourages investment in green technology, Treasury Secretary Janet Yellen will say in a speech in Detroit on Thursday.

** Goldman Sachs still expects oil prices to hit $125 a barrel in 2023. The bank is bullish on the commodity despite the G7’s latest plan to cap Russian crude prices.

** California narrowly avoided implementing rotating outages on Monday while officials warned that the state’s power grid will face a bigger test on Tuesday amid a record-breaking heat wave.

** The North Carolina State Supreme court has ruled homeowner associations cannot ban solar panels on homes but can have a say where they go.

** The U.S. EPA will review flare rules for petrochemical plants, petroleum and chemical storage tanks, and marine loading tanks after determining they do not eliminate emissions as well as previously purported.

** A U.S. Senate subcommittee prepares to consider President Joe Biden’s nominees for the Tennessee Valley Authority’s board, which only has five out of nine seats filled on its board.

** Attorneys for Line 3 pipeline protestors say prosecutors are overcharging people who participated in demonstrations in an attempt to crack down on dissent.


** Oil prices climbed on Monday as members of the Organization of Petroleum Exporting Countries (OPEC+) agreed to cut output by 100,000 barrels a day in October.

** The Kremlin has issued its sharpest comments about cutting off Russia’s natural-gas flow to Europe via the key Nord Stream 1 pipeline on Monday, saying supplies would not resume until the “collective West” lifts sanctions against Moscow.

** Germany is sticking to its long-held plan of shutting down the country’s three remaining nuclear power plants this year but keeping the option of reactivating two of them in case of an energy shortage in the coming months, officials said Monday.

** The European Union’s next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week, the European commissioner for energy said Tuesday.

** The European Union’s chief diplomat played down the prospect of a rapid revival of the Iranian nuclear deal, saying the chances of an agreement between Tehran and world powers had faded.