BP Plc will spend about $1.3 billion to build a network of pipes and other infrastructure to collect and capture natural gas produced as a byproduct from oil wells in the Permian Basin of Texas and New Mexico, the Wall Street Journal reported.

The U.S. and China are committed to cooperating to tackle climate change, they said in a joint statement after meetings between senior envoys last week that were held amid rising geopolitical tensions between the two countries.

Suncor Energy Inc. pleaded guilty Friday in Alberta, Canada to breaching its license by releasing an air effluent in 2018 and will pay a fine of C$100,000 ($79,965), according to a province statement.

Plans for a fracking ban are out, but a buffer zone from oil and gas operations around homes, day cares, and community centers may still move forward in California.

Castex Energy 2005 Holdco LLC must revise its bankruptcy plan and disclosures to address lingering concerns about its ability to address environmental cleanup liabilities, a judge said.

Interior Secretary Deb Haaland on Friday revoked the Trump administration’s rollback of a federal coal leasing moratorium, but it’s unclear whether Haaland’s order fully reinstates the Obama-era decision.

The Biden administration is set to announce next week a plan for distributing billions of dollars more in aid to help developing nations adapt to global warming and embrace clean energy, according to people familiar with the matter.

The Ninth Circuit won’t rehear a federal challenge to a Washington law that provides workers’ compensation to employees who develop certain health conditions and cancers tied to cleaning up a decommissioned federal nuclear production site.

The former chief executive officer of Braskem SA, Brazil’s largest petrochemicals company, admitted he took part in a sweeping bribery plot the U.S. said also involved Braskem’s parent company, Odebrecht SA.

“The effect of climate change and the way businesses are dealing with climate change is having a significant effect on economic conditions,” Dallas Federal Reserve President Robert Kaplan says.