** Cheniere Energy’s Sabine Pass LNG export terminal in Louisiana is seeing record flows amid a push to send U.S. liquefied natural gas cargoes to energy-starved Europe.
** Elon Musk said he will give an updated product roadmap on Tesla’s next earnings call. Tesla is set to report 2021 earnings on Wednesday. Musk will probably discuss long-delayed vehicles like the Cybertruck pickup and Roadster supercar.
** The Alaska Industrial Development and Export Authority is eyeing a rule change that will prevent its fund managers from buying securities, such as bonds, from banks with policies that prohibit “engagement in oil and gas development” in the region, according to the proposed resolution.
** The United Steelworkers union (USW) on Friday said proposals by energy giant BP Plc would undermine its 56-year-old national program for refinery and chemical plant worker contracts.
** A pair of recent studies suggest West Coast residents and businesses will suffer more frequent blackouts and higher electricity prices because climate change will lead to more disruptive extreme weather events. The research papers were published in the scientific journal Earth’s Future.
** Jonathan Pershing, the Biden administration’s second-ranking climate diplomat, is stepping down, White House climate envoy John Kerry confirmed on Friday.
World
** Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain.
** German Chancellor Olaf Scholz’s three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable energy source in a formal letter to Brussels, ministers said on Saturday.
** The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in France on Saturday. A gas supply crunch in Europe, widely blamed on a dearth of gas flows from Russia, has caused energy prices to soar. Moscow denies manipulating supplies.
** Cleaning crews in Ventanilla, Peru, are working to remove oil from a beach after a spill caused by freak waves from a volcanic eruption in the South Pacific. Peru has declared an environmental emergency over the incident which has fouled beaches, killed birds and harmed the fishing and tourism industries.
** Russia’s Central Bank proposed Thursday to ban cryptocurrency investment and mining as governments around the world crack down on the decentralized currencies, citing threats to monetary stability.
** An alliance of airlines and airports called for changes to the European Union’s planned climate change legislation on Monday, arguing it will make them less competitive with non-European rivals.