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{beacon} Energy & Environment Energy & Environment The Big Story Harold Hamm’s oil company announces Venezuela dealTrump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela.© Ariana Cubillos, Associated Press Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. Continental signed a memorandum of understanding with Venezuela’s state-run oil company that would allow it to operate in a 126,000 acre-area of the oil-rich Orinoco Belt, according to a press release. "Continental was built to recognize great resource opportunities and have the conviction to pursue them," Hamm said in a written statement on Wednesday. "What this company is doing today builds on that foundation while taking Continental to an entirely new level. I could not be more proud of the company, our people and the future we are building," he added. The deal announcement comes on the heels of separate deals announced by the U.S. government and Chevron in Venezuela in recent weeks. Read more at TheHill.com. Welcome to The Hill’s Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads How policy will affect the energy and environment sectors now and in the future: Satellites show Earth lost more than 12 trillion tons of ice from Greenland, Antarctica in 47 years About 12.5 trillion tons (11.3 trillion metric tons) of ice from glaciers in Greenland and Antarctica have melted since 1979, which is enough frozen water to stack ice 5 feet (1.5 meters) deep across the continental United States, according to a major scientific report. Full Story Court tosses EPA restrictions on highly toxic paint stripper chemical A federal appeals court this week threw out an Environmental Protection Agency (EPA) rule that banned most uses of a highly toxic chemical used as a paint stripper. Full Story More Americans say AI will hurt the environment than help it: Poll More Americans believe AI will have negative environmental impacts on the upcoming decade than those who think the technology will help the environment, a poll released Wednesday found. Full Story What We're Reading News we've flagged from other outlets touching on energy issues, the environment and other topics:In Florida, textbook publishers are minimizing or removing climate change coverage (WUSF) Exxon Is Nearing Preliminary Deal to Invest in Venezuela’s Oil Fields (The Wall Street Journal)A MESSAGE FROM What Others are Reading Two key stories on The Hill right now: Service members must meet weight, grooming standards for Hegseth event: Report The Pentagon is reportedly requiring troops to meet waist-to-height requirements and exhibit “impeccable” grooming standards in order to attend Defense Secretary Pete Hegseth’s “State of the Force” address later this month. Read more Trump offers fiery response to Federal Reserve rate hike President Trump offered a fiery response to the Federal Reserve’s decision to hike interest rates on Wednesday, demanding instead that rates be drastically lowered quickly. Read more You're all caught up. See you tomorrow! [sailthru_widget name="Sailthru Widget Block" sailthru_list="Energy and Environment" title="Energy & Environment"]document fetched 2026-09-17 02:49 · canonical https://thehill.com/newsletters/energy-environment/6094254-harold-hamms-oil-company-announces-venezuela-deal