Headlines

** The House approved a measure late Tuesday that would slash Transportation Secretary Pete Buttigieg’s taxpayer-funded government salary to just $1. The bill — which was introduced by Rep. Marjorie Taylor Greene, R-Ga. — was passed via voice vote Tuesday as an amendment to the 2024 Financial Services and General Government Appropriations Act.

** A group of 11 Democratic senators are pushing the Biden administration to approach hydrogen energy with leniency, breaking with colleagues who want strict climate rules for the nascent energy technology.

** Occidental Petroleum (OXY) on Tuesday beat analysts’ third-quarter profit estimates on strong U.S. oil production, but its results were well below a year ago due to lower energy prices and weaker chemical and pipeline results.

** Environmentalists aren’t happy about it but the Federal Energy Regulatory Commission is expected to give Venture Global the green light to build Calcasieu Pass 2, one of the largest liquefied-natural-gas export facilities ever proposed in the United States, on the Louisiana coast.

** North Carolina Governor Roy Cooper (D) is strongly urging the Environmental Protection Agency to reverse the decision to allow the import of certain waste materials intended for disposal in the state. According to the governor’s office, he sent a letter on Nov. 3 to EPA Administrator Michael Regan concerning the ruling to let waste material containing GenX to the Chemours facility in Cumberland County.

** Millions of Americans in New England would face an elevated risk of heat and power shortfalls during the winter if a potential plan to shutter a major natural gas terminal proceeds, the Federal Energy Regulatory Commission (FERC) warned this week.

World

** Russian Foreign Minister Sergei Lavrov accused the West on Wednesday of provoking crises on the global oil and gas market by rushing to switch to green energy and imposing pressure on other countries to do the same.

** Britain’s plans to mandate oil and gas licensing in the North Sea may not bring down household energy bills, the Energy Secretary has admitted. Labour called it a “stunning admission”, after Claire Coutinho said that a legislative plan may not have any impact on those struggling with current energy costs.

** Plans to expand oil, gas and coal production by major fossil fuel countries would push the world far beyond the Paris deal’s 1.5C global warming limit, the UN warned Wednesday.

** Finland’s Environment and Climate Minister Kai Mykkanen said his country aims to ban imports of Russian liquefied natural gas (LNG) on a national legislative level, Finnish publication Yle reported Nov. 7.

** Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy have terminated a deal to develop potentially the country’s first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said.

** A trucker strike in the Democratic Republic of Congo is blocking exports of copper and cobalt mined by producers including Glencore Plc and China’s CMOC Group Ltd., according to people familiar with the matter.