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Energy And Utilities Regulation

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WASHINGTON (AP) — Democrats and climate activists generally supported President Joe Biden's decision to release a record 50 million barrels of oil from America's strategic reserve, even as the move appeared to contradict his long-term vision of combating climate change.

GENEVA (AP) — Switzerland's financial markets watchdog on Thursday said it has reprimanded and set restrictions on two Swiss banks for violating their obligation to fight money laundering in connection with clients in Venezuela, notably with links to state-run oil giant PDVSA.

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LONDON (AP) — Consumer prices in the United Kingdom surged at the fastest rate in nearly a decade in October amid soaring energy costs, official figures showed Wednesday, a development that has cemented market expectations that the Bank of England will raise interest rates next month.

FRANKFURT, Germany (AP) — Europe is short of natural gas — dangerously short. A cold winter could mean a severe crunch, and utility bills are headed higher, burdening ordinary people and weighing on the economic recovery from the coronavirus pandemic.

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SANTA FE, N.M. (AP) — New Mexico’s Democratic governor is seeking legislation to help jump-start hydrogen production from natural gas in her state, a process that generates harmful greenhouse gases but could one day be harnessed to provide environmental benefits.

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BERLIN (AP) — Germany's network regulator said Tuesday that it has suspended its procedure to certify the operator of a new pipeline that would bring Russian gas to the country under the Baltic Sea because of an issue with the company's status under German law.

HUNTINGTON BEACH, Calif. (AP) — California officials on Monday said better communication and detection technologies could improve the state's response to an oil spill like last month's crude pipeline leak off the Orange County coast.

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COLUMBIA, S.C. (AP) — As pandemic-related supply shortages drive gas prices to record highs across the country, a Democrat seeking to become South Carolina's next governor is suggesting a temporary halt of the state's gas tax as a way to alleviate cost burdens at the pump.

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CANBERRA, Australia (AP) — Australia’s prime minister on Wednesday launched a billion Australian dollar ($738 million) investment fund to fast-track emerging low emissions technologies including carbon capture and storage as he bolsters his government’s green credentials ahead of elections due within months.

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COLUMBUS, Ohio (AP) — Advocates for electricity consumers in Ohio are asking the state's utility regulatory board to reopen one of its audits of Akron-based FirstEnergy Corp. after discovering evidence that the first review didn't look at whether money the company has admitted funneling into a $60 million bribery scheme came from its customers.

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DIAMOND BAR, Calif. (AP) — Southern California air regulators on Friday approved new restrictions on area oil refineries and other factories that could remove tons of smog-forming pollutants from the air.

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LOS ANGELES (AP) — California regulators voted Thursday to increase the capacity of a Los Angeles-area natural gas storage field where a 2015 blowout caused the nation’s largest-ever methane leak and forced thousands from their homes.

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