** The American Petroleum Institute (API) Monday submitted comments on the Environmental Protection Agency’s (EPA)’s proposed methane regulations, emphasizing support for the direct regulation of methane for new and existing sources and highlighting the industry’s progress in reducing methane emissions intensity from operations.
** JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. for $860 million.
**International oil and gas company ExxonMobil is headed to the greater Houston area.The energy giant announced on Monday that it is relocating its headquarters from Irving, Texas to its campus north of Houston in the Spring area.
** Negotiators for the United Steelworkers union (USW) and U.S. oil and chemical companies late Monday agreed to continue talks on a new contract after a strike deadline passed, according to a message sent to workers and viewed by Reuters.
** The U.S. Environmental Protection Agency on Monday revived an Obama administration-era legal finding that regulating hazardous air toxics and mercury from power plants is necessary, a key step before it can strengthen those air regulations.
World
** Two companies involved in storing and supplying oil and other materials said Tuesday they have been hit by a cyberattack that has impacted operations in Germany.
** Russia’s natural gas production is expected to hit an all-time high this year, beating the 2021 record, yet this winter season’s deliveries to Europe have been much lower than usual.
** Ukraine has started to receive gas from western Europe via Hungary, the operator of its gas transmission system (GTSOU) said on Tuesday, opening a new supply route as the threat of war with Russia undermines Kiev’s energy security.