Directors of the San Antonio-based North American Development Bank on Thursday expanded the bank’s portfolio of renewable energy projects with loans to a wind farm project in Imperial County, Calif., and a solar park project planned for Pima County, Ariz.
About 79,000 Gulf Coast residents have filed damage claims under a proposed settlement with BP over the 2010 oil spill, but 25,000 others want out of the deal, the claims administrator told a federal judge Thursday.
A federal judge sounded supportive of a proposed settlement between BP and residents damaged by the oil spill, even though thousands of claimants have asked to opt out and possibly pursue their own lawsuits.
During a second term in the White House, President Barack Obama will have more freedom to impose tougher regulations on domestic drilling, despite stiff opposition from the oil and gas industry. But the newly reelected president also will have more latitude to approve natural gas exports and the controversial Keystone XL pipeline, without the risk of alienating environmentalists he needs at the ballot box.
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