A vote on long-sought legislation to speed permits for major energy and infrastructure projects is unlikely to happen before the election, Senator Sheldon Whitehouse said Thursday as Republicans accuse Dems of refusing to accept deal.
“We had more than a structure of a deal. It was pretty pens down,” West Virginia Senator Shelley Moore Capito, the top Republican on the Senate environment committee, said. “I’m not sure what the status of that is today.”
ICYMI last night:
The White House indicated that an offer to advance stalled wind and solar projects as part of negotiations with Democrats on permitting reform could be taken off the table if they don’t swiftly agree to a deal.
w/ @jendlouhyhc@elwassonbloomberg.com/news/articles/…
The Trump administration has offered to allow the advance of some 30 wind projects of roughly 300 currently suspended pending Pentagon approval, according to a person familiar with the matter.
Whitehouse, added that key details still need to be worked out, including on commitments from White House on wind and solar, finalizing text and finding an “agreed pathway for a vote that will be successful for everyone”
NEW: @Exxon held talks this week with #Venezuela’s government about re-entering the country as the Texas oil giant explores whether to follow US rivals back into the home of the world’s largest reserves.
Executives flew to Caracas Tuesday night for negotiations, aiming to secure access to several fields rich with heavy oil, sources tell @CrowleyKev@AriNatter@Miehdahl@zerpius@peterbmillard@GaripPatricia and me.
While talks have been ongoing for months, ExxonMobil is proceeding cautiously as executives consider investing in a country where it had its assets nationalized twice since the 1970s, said the people, who asked not to be identified because the discussions are private.
bloomberg.com/news/articles/…
Confirming an earlier scoop from @AriNatter, legendary shale pioneer Harold Hamm is making his first foray in Venezuela, targeting conventional drilling first.
Includes reporting from me and @zerpius. bloomberg.com/news/articles/…
Scoop: Billionaire shale pioneer Harold Hamm’s Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation’s oil sector.
bloomberg.com/news/articles/…
A top Iranian official has been blocked from addressing the International Atomic Energy Agency’s general conference in Vienna after pressure from the Trump administration. bloomberg.com/news/articles/… via @JenDlouhyHC@AriNatter
Surveying earthquake damage in La Guaira, the epicenter of the quake that struck June 24.
The official death toll is 7,000, but officials say that doesn’t account for thousands still missing and presumed dead.
NEWS: GE Vernova has committed to repairing large portions of Venezuela’s power grid as part of a series of deals being touted by the Trump administration to boost the country’s energy output.
Scoop w/ Alberto Brambilla
Italian energy producer Eni SpA plans to boost Venezuelan oil production to as much as 1 million barrels a day.
More details expected to be announced at a deal signing with Energy Secretary Chris Wright in Caracas later today.
Meet the tiny town in deep-red Oklahoma that’s blocking a $4 billion aluminum plant that’s central to Trump’s industrial policy push.
🎁bloomberg.com/news/features/…
SCOOP: Power utility NextEra Energy Inc. is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Energy Department Cold War uranium-enrichment facility in Kentucky into a data center campus with a generating plant.