** OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic.
** A new Canadian railroad venture is sparking a significant increase of 15 to 20 oil trains that run through Minnesota each month. Canadian Pacific Railway’s specialized new Canadian crude cargoes run on its main line, which bisects the Twin Cities.
** Global volatility in the energy market and further price rises will continue without a major boost in clean energy investment, warns the International Energy Agency.
** The operator of the Russia-led Nord Stream 2 gas pipeline on the bed of the Baltic Sea said the first of the project’s two lines has been filled with so-called technical gas, while still awaiting clearance to start sales to Europe.
** Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country’s fuel security, several sources said.
** Investigators believe a 1,200-foot (366-meter) cargo ship dragging anchor in rough seas caught an underwater oil pipeline and pulled it across the seafloor, months before a leak from the line fouled the Southern California coastline with crude.
** Exxon Mobil Corp on Sunday told workers at its Beaumont, Texas, refinery their six-month lockout will end if they ratify the company’s contract offer or remove the United Steelworkers union (USW) as their representative.
** The transportation secretary Pete Buttigieg delivered a blunt warning on Sunday to Joe Manchin and other Senate Democrats who are forcing Joe Biden to scale back his climate crisis agenda: your resistance is going to cost lives.
** Toyota plans to build a new $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles. The plant location wasn’t announced, but the company said it eventually will employ 1,750 people and start making batteries in 2025, gradually expanding through 2031.
** A fire erupted on Monday at a major oil refinery in Kuwait, the state-owned oil company said, reporting that some workers suffered from smoke inhalation and other light injuries.
** Anti-pipeline protesters interrupt a speech by Jill Biden at a Democratic campaign rally in Virginia over candidate Terry McAuliffe’s previous support for the Mountain Valley Pipeline.
** The oil and gas industry contributed $400,000 to U.S. Sen. Joe Manchin of West Virginia in the third quarter — a fourth of his total $1.6 million haul for the period — as the Democrat opposes environmental provisions of his party’s proposed $3.5 trillion spending bill.
