Quick energy stories

** Stellantis NV, the owner of Jeep and Chrysler, reached a partial agreement with the United Auto Workers union on Monday as a strike deadline looms that could cost the auto industry more than $1 billion.

** The South Dakota Public Utilities Commission rejected a permit application Monday for a proposed carbon dioxide pipeline through the state, dealing a fresh setback to the company behind the multistate project after North Dakota refused a siting permit for another leg there. The regulators voted unanimously to turn down Summit Carbon Solutions’ application to build a 469-mile (755-kilometer) in-state route — part of an intended $5.5 billion, 2,000-mile (3,220-kilometer) pipeline network through five states.

** House Republicans are expected to force a floor vote on a stand-alone bill that would effectively prohibit California and other Democrat-led states from implementing planned electric vehicle (EV) mandates.

** RTX Corp. dramatically expanded the scope of required engine checks at its Pratt & Whitney unit, a move that will affect nearly its entire fleet of turbines powering Airbus SE’s latest A320 and ground hundreds of the single-aisle jets for months.

** Major corporations from oil and gas companies to retail giants would have to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel under legislation passed Monday by California lawmakers, the most sweeping mandate of its kind in the nation.

** Indigenous tribes in Michigan, Minnesota and Wisconsin have asked federal officials to deny a utility’s request for a loan to help build a natural gas-fired power plant on the shores of Lake Superior, calling the project unthinkable in the face of climate change.

 

World

** Chevron Corporation CVX and Repsol S.A. REPYY recently made headlines when they announced their withdrawal from oil and gas exploration blocks in the Mexican Gulf after disappointing results. This decision carries significant implications, not only for the companies involved but also for Mexico’s ambitions in the energy sector and the broader global energy landscape.

** China is looking to stock up on liquefied natural gas for winter, returning to the spot market in a move that risks reducing supply to other importers.

** European Union lawmakers endorsed a deal Tuesday to raise the share of renewables in the bloc’s energy mix, another step to accelerate its green transition away from fossil fuels. The bill, adopted by a large majority — 470 lawmakers voted in favor, 120 against and 40 abstained — foresees an updated renewable energy target of 42.5% of total consumption by 2030, with the aim of reaching 45%. The current goal is 32%.

** The operator of the wrecked Fukushima nuclear power plant said Monday that it has safely completed the first release of treated radioactive water from the plant into the sea and will inspect and clean the facility before starting the second round in a few weeks.