** The interior solicitor in the Biden administration said in an opinion released Friday that the mineral rights under the original Missouri River riverbed belong to a North Dakota tribal nation.
** ConocoPhillips said traders should be worried about strong oil production growth coming out of the U.S. this year and in 2023, potentially echoing the supply surges of the past decade.
** United States Steel Corp., EQT Corp., Shell Polymers and other big companies announced plans for an alliance that would support the building of a low-carbon and hydrogen industrial hub in Pennsylvania, West Virginia and Ohio.
** A Missouri lawmaker proposes a bill that would require counties to cover the costs of equipping businesses with electric vehicle charging infrastructure in communities that require it on new facilities or renovations.
** A major political row has broken out at Alaska’s Permanent Fund, the state’s giant $82 billion oil fund, where the firing of the CEO has led to senate hearings, threats of lawsuits, and now an official inquiry.
** Targa Resources Corp. disclosed the sale of its 25% equity interest in the Gulf Coast Express Pipeline to an undisclosed company on Feb. 3 for $857 million.
** Secretary of Energy Jennifer Granholm acknowledged paying $400 in late fees for failing to properly disclose up to $240,000 in stock sales from last year. Her aides previously insisted she had complied with the law.
World
** A court in Venezuela has upheld long prison sentences for six American oil executives detained in the South American country on corruption charges for more than four years.
** A planned $3.4 billion coal-fired power plant in Dubai instead will be converted to use natural gas, the sheikhdom announced, amid the United Arab Emirates’ wider pledge to have net-zero carbon emissions by 2050.
** The United States has asked Japan if it could divert some LNG to Europe if the Ukraine crisis leads to a disruption of supplies, Japanese government sources told Reuters on Friday, and Japan has said it would consider how it could help.
** Venezuela’s government and Chevron Corp. are in preliminary talks to give the company greater control of some operations in exchange for debt relief as the country’s socialist leaders try to increase production despite U.S. sanctions.
** Turkey and Israel can work together to carry Israeli natural gas to Europe and the two countries will discuss energy cooperation during talks next month, Turkish President Tayyip Erdogan was quoted as saying on Friday.
** Global energy major ExxonMobil is looking at signing more long-term gas sales deals with India as rising spot prices have added to the appeal of longer duration contracts.