News bites: Obama meets with power execs, Shell goes deep for offshore oil, and more

Reuters reports that Royal Dutch Shell said it will “go ahead with the world's deepest offshore oil and gas production project,” which is nearly two miles deep in the Gulf of Mexico.

The Los Angeles Times has the latest on the battle over proposed coal export terminals in the Pacific Northwest.

The Washington Post
reports on a change in Israel’s energy situation.

“The huge reservoirs of natural gas discovered off the coast of Israel now flowing toward shore have the potential to transform the energy-challenged country into a lean, green manufacturing machine — capable of supplying cheap, clean energy to its people, factories and vehicles for a generation,” the paper reports.

McClatchy newspapers reports that a little-known inventor is claiming a “stunning solar energy breakthrough that promises to end the planet’s reliance on fossil fuels at a fraction of the current cost.”