Senate Energy and Natural Resources chair Mary Landrieu, D-La., on Thursday held out hope that she can bring up conservation and wildfire suppression bills for votes by the panel before Congress leaves town next week for its August recess.
But Landrieu also acknowledged she won't be able to hold a vote on President Barack Obama's nominee for the No. 2 job at the Energy Department, who appeared before the panel on Thursday, until September at the earliest.
EU governments are considering new sanctions over the Ukraine crisis to limit Russian access to capital markets, as well as energy technology and weapons, Reuters reports, noting discussions are set to continue Friday with no action expected before next week.
LOS ANGELES (AP) — President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.
The push comes amid a developing trend by companies to reorganize with foreign entities partly to reduce their tax payments in the U.S.
Sen. John Hoeven, R-N.D., says the latest measure he’s introduced to speed Energy Department consideration of LNG export permits –- which would require action within 45 days of a preliminary application being filed with the Federal Energy regulatory Commission -– is a good compromise on the issue, The Hill reports.
The Environmental Protection Agency, ahead of four public hearings set for next week on its proposed rule to limit carbon emissions from existing power plants, says it has already received 300,000 comments on the regulation, The Hill reports.
Texas and Oklahoma -- states that are home to some of the biggest critics of President Obama’s climate policy – would have the most to gain from his administration’s proposed carbon rule because of the boost it would provide the natural gas industry, according to a study being released Thursday by the Center for Strategic and International Studies and the Rhodium Group, The New York Times reports.
WASHINGTON (AP) — Republican senators are insisting that the House and Senate sign off on any potential nuclear deal between Iran and six world powers or else sanctions on Tehran that had been temporarily lifted could kick back in.
Sen. Bob Corker of Tennessee, the top GOP senator on the Foreign Relations Committee, joined with four other senators Wednesday in introducing legislation that says President Barack Obama must submit any nuclear deal with Iran to Congress within three days. The House and Senate would then vote on the deal.
TOKYO (AP) — Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
Japan's bulging import bill was partly due to a jump in demand as businesses and consumers stepped up purchases ahead of an April 1 increase in the sales tax to 8 percent from 5 percent.
Imports for the six months jumped 10 percent to 42.6 trillion yen ($420 billion) while exports rose 3.2 percent to 35.1 trillion yen ($346 billion), the preliminary data show.
Madelyn Creedon, formerly assistant secretary of Defense, has received Senate confirmation to become the principal deputy administrator in the Energy Department’s National Nuclear Security Administration, the number two post in the NNSA, National Journal reports.
Launching personal attacks on environmental activists and celebrity supporters should be part of the oil and gas industry strategy if it wants to fight for expanded drilling, according to advice from consultant Richard Berman as he drums up support for his "Big Green Radicals" PR campaign, The New York Times reports.
The re-election contest for Rep. Fred Upton, R-Mich. and chair of the House Energy and Commerce Committee, is attracting last-minute money -- including some from the American Future Fund for an ad extolling his support for the Keystone XL pipeline -- as polling indicates his race against Democrat Paul Clements is a tight one, The Hill reports.
In an effort to maintain Democratic control of the Senate, environmental groups are supporting some backers of the Keystone XL pipeline –- like Michelle Nunn in Georgia and Sen. Kay Hagan in North Carolina -– as well as fracking supporter Sen. Mark Udall in Colorado, The Wall Street Journal reports.
Word that OPEC has boosted its crude output to a 14-month high sent oil prices plunging again early Friday. West Texas Intermediate crude for December delivery dropped 1 percent, or 81 cents, to $80.31 a barrel in electronic trading on the Nymex, while in London Brent was down 93 cents to $85.31, Bloomberg reports.
A tentative settlement Cheniere Energy has reached with shareholders over lawsuits would block executives from receiving shares authorized in February 2013 but not paid out, according to a filing with the Securities and Exchange Commission, FuelFix reports.
Robert MacLean –- now a solar power consultant after he was fired by the Department of Homeland Security for leaking information about the air marshal program -– says many federal employees, including those in the Environmental Protection Agency and the Departments of Energy and Interior, could be affected by the outcome of his lawsuit now before the U.S. Supreme Court, E&E reports.
The capacity market and infrastructure improvements will be the topics of discussion at a conference between New York officials and representatives of the Federal Energy Regulatory Commission Nov. 5, Reuters reports.