** Hundreds of protesters vowing do whatever it takes to stop a Canadian-based company’s push to replace an aging pipeline blocked a pump station Monday in northern Minnesota, with some people chaining themselves to construction equipment before police began making arrests.
** The U.S. became a net exporter of oil in 2020 following an Obama-era policy, complicating efforts to reduce emissions.
** Sen. Sheldon Whitehouse (D-R.I.), one of Capitol Hill’s most vocal members on climate change, went public on Monday about his fear that chances to enact major legislation on the topic are slipping away.
** Chinese authorities have ordered a unit of state-run PetroChina to stop trading off crude oil import quotas with local refineries as part of a crackdown on excessive fuel production, a move that could cut the country’s crude imports by 3%, sources said.
** Energy infrastructure company Enbridge Inc., through a subsidiary, has agreed to offload its 38.9% stake in Noverco Inc to Trencap for a cash consideration of $1.14 billion, net of Noverco’s non-recourse debt that Trencap will assume.
** Ford Motor Co said on Tuesday its new Maverick compact pickup truck will have a gasoline-electric hybrid powertrain as standard equipment, a technology choice aimed at keeping the vehicle’s starting price below $20,000.
** Former Shell Oil President John Hofmeister, who led the oil major’s U.S. efforts to help restore investor confidence after an accounting scandal nearly two decades ago and later set up an energy advocacy group, has died. He died on May 24 after a short illness, his family said over the weekend.
** KKR & Co’s Independence Energy LLC and Contango Oil & Gas Co will merge in an all-stock deal to create a consolidation-focused oil and gas company with an enterprise value of about $5.7 billion.
** Wyoming and Montana press on with a bid to get the Supreme Court to consider a case involving Washington State’s denial of a proposed coal export terminal.
** A think tank report finds that electric vehicle rideshare drivers in Los Angeles stick to upper-income neighborhoods, leaving the combustion engines to the poorer areas.
** A ship runs aground between Puerto Rico and Georgia, spilling up to 8,000 tons of coal ash off the coast of Florida.
** A Florida city pauses its plan to bury utility lines after Florida Power and Light Co.’s cost to complete its portion triples its estimates.