** The U.S. EPA prepares to enforce a rule requiring new natural gas power plants to capture and store carbon emissions, though climate and industry advocates say the technology isn’t ready for wide-scale deployment.
** The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter.
** ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the U.S. petroleum company said.
** Mississippi looks to expand its electric vehicle infrastructure as construction proceeds on a Tesla dealership and the state receives about $50 million to install vehicle chargers.
** The completion of a controversial Pennsylvania pipeline opens the floodgates for an immense amount of liquified natural gas to be exported from the Marcellus and Utica shale regions.
** HF Sinclair Corporation reported first quarter net income attributable to HF Sinclair stockholders of $160.0 million, or $0.90 per diluted share, for the quarter ended March 31, 2022, compared to $148.2 million, or $0.90 per diluted share, for the quarter ended March 31, 2021.
** California officials say the state is likely to experience power shortages as high as 5,000 MW during peak demand periods this summer, increasing the threat of outages.
** Opponents of a proposed 500 MW wind facility in Wyoming ask the state supreme court to overturn a county’s approval of the project.
** Navajo Nation and Pueblo tribal leaders remain at odds over the extent of a proposed oil and gas drilling buffer zone around Chaco Culture National Historical Park as the public comment period comes to an end
World
** Bulgaria will not support European Union’s new set of sanctions against Russia if the Balkan country does not get a derogation from the proposed ban on buying Russian oil, Deputy Prime Minister Assen Vassilev said late on Sunday.
** Sanctions against Russia have knocked 1 million barrels of crude oil off its production each day — but that’s just a “drop in the ocean compared to the intended impact,” according to Mike Muller, the Asia head of Vitol, the world’s biggest independent crude trader.
** Saudi Aramco, the world’s top oil exporter, has cut prices for buyers in Asia for the first time in four months, according to reports citing a Sunday pricing document from the state-controlled firm.
