** Environmental activists say Chevron CEO Michael Wirth and lead director Ronald Sugar haven’t done enough on climate change and hope to have them voted out at the company’s shareholder meeting in May.
** Washington state Gov. Jay Inslee vetoed sections of an energy bill that would have given Eastern Washington residents more input and a broader, long-term look at where wind and solar projects are sited.
** The Biden administration’s push to increase natural gas exports to Europe gives a boost to a controversial $38 billion Alaska LNG export terminal and pipeline project proposal.
** Officials say no one was injured in a Montana ExxonMobil petroleum refinery explosion on Saturday night.
** Teslas hikes prices on all of its car models, making them ineligible for California electric vehicle rebates.
** TerraPower cuts ties with Russian reactor fuel supplier Tenex, potentially delaying plans to construct an advanced nuclear reactor in Wyoming.
World
** Oil prices slumped Monday after fresh Covid-19 lockdowns in China, the world’s largest crude importer, prompted fears over weaker fuel demand.
** The United Arab Emirates’ energy minister doubled down Monday on an oil alliance with Russia that’s helped buoy crude prices to their highest in years as Moscow’s war on Ukraine rattles markets and sends energy and commodity prices soaring.
** OPEC officials believe a possible European Union ban on oil from its partner Russia over the invasion of Ukraine would hurt consumers and the group has conveyed its concerns to Brussels, OPEC sources said.
** Natural Resources Minister Jonathan Wilkinson says Canada’s energy industry can increase oil and gas exports in 2022 to help ease the “energy security crisis” in Europe triggered by Russia’s invasion of Ukraine. “We have determined the Canadian industry has the pipeline and production capacity to incrementally increase oil and gas exports in 2022 by up to 300,000 barrels per day,” Wilkinson said at a press conference at the International Energy Agency’s (IEA) meeting of energy ministers in Paris.
** Russia is working out methods for accepting payments for its gas exports in roubles and it will take decisions in due course should European countries refuse to pay in the Russian currency, the Kremlin said on Monday.
