** A federal judge on Friday reinstated a moratorium on coal leasing from federal lands that was imposed under former President Barack Obama and then scuttled under former President Donald Trump. ** A Nevada electric vehicle battery recycling firm says Tesla’s Gigafactory will be one of its first customers for copper foil anodes. ** An environmental group petitions federal regulators to …
Category: EPA
Headlines of other energy stories
** A Terrebonne Bay oil spill on the first day of Louisiana’s inshore shrimp season has taken a toll on some local fishermen, who say they received no warning of the incident until many hours after it occurred and as a result ended up with fouled nets and oiled boats. ** Berkshire Hathaway Energy is set to …
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** A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in jeopardy. ** The deal extends a popular $7,500 per vehicle consumer tax credit for the purchase of electric vehicles, a win for EV …
Additional headlines
** BP became the latest energy company to announce huge profits on Tuesday (August 2). The company said it made a second quarter profit of just under $8.5 billion – its highest in 14 years. ** A deal has been secured for Congress to pass and President Joe Biden sign a permitting package to speed up the completion …
Energy briefs
** Chevron Corp posted its biggest quarterly earnings ever on Friday, built on strong fuel margins and high prices for natural gas and oil, and boosted its share buyback target. The oil major posted second-quarter net profit of $11.6 billion, or $5.95 per diluted share, more than triple the $3.1 billion, or $1.60 per share, in the …
Big energy department loan
The Biden administration handed out more government funding this week in the name of EV development. The Energy Department announced a $102 million loan to expand a Louisiana processing facility for materials used in electric vehicle batteries. Owned by Syrah Technologies in Vidalia, Louisiana, the facility will use the loan to create 150 jobs …
U.S. and world headlines
** A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to build greener cars. ** The Biden administration is announcing several initiatives aimed at boosting the deployment of solar energy. One of the initiatives, from the Department of Housing and Urban …
Headlines of other energy stories
** Sen. Joe Manchin (D-W.Va.) announced on Wednesday that he has struck a deal with Senate Majority Leader Charles Schumer (D-N.Y.) on legislation aimed at advancing key pieces of President Biden’s agenda, including measures that target taxes, lowering drug prices and combating climate change. ** Exxon Mobil Corp on Tuesday said it has made two new …
Lawsuit against Oklahoma’s coal ash regulatory power is thrown out
The U.S. Court of Appeals for the D.C. Circuit on Tuesday ordered the dismissal of a longstanding lawsuit challenging Oklahoma’s program regulating the disposal of coal ash. In Waterkeeper Alliance v. Regan, the D.C. Circuit held unanimously that the advocacy groups bringing the suit lacked standing to challenge Oklahoma’s environmental program, in part because certain …
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** Shell USA Inc. agreed on July 25 to acquire Shell Midstream Partners LP in a buyout transaction worth nearly $2 billion. The transaction marks the latest MLP roll-up in the midstream space largely seen as being driven by the elimination of incentive distribution rights. ** The Biden administration on Monday outlined plans to plant 1 billion trees …