** The Washington Post reports that White House aides are reviewing whether to release more oil from the U.S. Strategic Petroleum Reserve if Russia curtails supplies.
** EPA data released shows carbon dioxide and other pollutants from the power sector increased last year over 2020, largely due to reliance on coal-fired power as natural gas prices rose.
**Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted on Monday to accept an Exxon Mobil Corp contract offer, ceding to a key company demand that it have the right to determine plant assignments.
** U.S. President Joe Biden is touting progress by government and private industry to boost American production of minerals used to make electric vehicles, cell phones, weaponry and a range of related electronics, the White House said.
** BP is ending its sponsorship of the National Portrait Gallery in Washington D.C. after more than 30 years following pressure from climate activists over the FTSE 100 oil giant’s involvement in the arts.
** Federal officials consider adding turbines and generators to Arizona’s Glen Canyon Dam to allow it to continue producing hydropower even when reservoir levels are low.
World
** Crude oil prices are moving closer to $100-per-barrel after Russian President Vladimir Putin ordered troops into eastern Ukraine and recognized the independence of two Kremlin-backed separatist regions
** German Chancellor Olaf Scholz announced Tuesday that the certification process for the Nord Stream 2 pipeline will be halted, saying that “the situation has fundamentally changed” after the Kremlin ordered troops into eastern Ukraine.
** French supermajor TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in recent years, the Guyana-Suriname Basin offshore South America.
** Deadly high winds that struck Northern Europe last week generated a record level of wind energy for Poland, covering some 30% of the demand in a country where most of its electricity comes from coal, Poland’s power distribution operator said Monday.
