Other headlines

** The U.S. federal government on Saturday granted petroleum company Chevron a limited license to resume pumping oil in Venezuela, marking the potential first step in ending a years-long embargo of Venezuelan oil production by the United States. In a press release, the Treasury Department said it had authorized Chevron to resume “natural resource extraction operations.”

** The North Carolina Utilities Commission has a mandate to come up with what mix of power sources the state will adopt to help it meet a legislative goal to reduce carbon emissions by Dec. 31.

** Louisville, Kentucky’s airport prepares to begin operating a geothermal energy system that will reduce its carbon footprint by 80%.

** The passage of Sen. Joe Manchin’s (D-W.Va.) permitting reform deal in the lame-duck session, or any time next year, could depend on whether he decides to run for a fourth term, as Republican lawmakers look to rob Manchin of a major legislative victory that could boost his re-election case reported Axios. 

** The city of Houston is under a boil water notice after a Sunday morning power outage at one of its water treatment plants. Houston ISD schools will be closed on Monday.

** Environmental groups are once again at odds with politicians and fishermen in New England in the wake of a decision by high-end retail giant Whole Foods to stop selling Maine lobster.

** -Leeward Renewable Energy of Dallas announced that it has closed approximately $420 million in construction to term financing from MUFG Bank Ltd. and a $195 million tax equity commitment from Wells Fargo for its Big Plain Solar Facility located in London, Ohio and its Oak Trail Solar Facility located near Moyock, North Carolina.

 

World

** Europe just received a shipment of liquefied natural gas from Australia, as the continent steps up efforts to secure alternative energy supplies after Russia curbed supplies. Woodside Energy Group said it delivered approximately 75,000 tonnes of LNG to German government-owned gas importer Uniper.

** India and China now account for two-thirds of seaborne Russia crude oil exports. As major customers, they are demanding huge discounts from Russia, hitting Kremlin’s war chest. Russia is losing about $4 billion a month in energy revenues, per Bloomberg’s estimates.

** India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data.

** The European Union’s upcoming ban on Russian oil supersedes a price cap, Energy Aspects analyst Amrita Sen. That means the EU still will not buy Russian crude regardless of the price cap, she told Bloomberg TV.

** In their first international trip since becoming Prince and Princess of Wales, William and Catherine will visit the US this week for an environmental prize.