** U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of Energy (DOE) data released on Monday.
** Offshore wind projects like those by US Wind and Ørsted were boosted Wednesday as the Maryland Energy Administration added $1.6 million to fund additional projects by emerging companies.
** Micron Technology Inc, the biggest U.S. memory chip company, on Monday will break ground for a $15 billion factory in Boise, Idaho, and its chief executive told Reuters an announcement of another new U.S. plant will be coming soon.
** Mexico and the United States plan to take advantage of the Biden administration’s massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationalized lithium industry, officials from both countries said Monday.
** Environmental groups sue the U.S. EPA for allowing hundreds of unregulated coal ash dumps, a third of which are in the Southeast.
** The first cargo from Russian state giant Gazprom’s new LNG plant in Portovaya is heading to Greece. hat’s even though the EU has pledged to reduce the bloc’s reliance on natural gas from Russia.
** The Belgian brewer of Delirium Tremens beer is facing a real risk of halting production for the first time in more than a century as Europe’s energy crisis creates unexpected ripple effects across the region.
** The German government said Monday that it can’t stop a shipment of Russian uranium destined for French nuclear plants from being processed at a site in Germany because atomic fuel isn’t covered by European Union sanctions on Russia.
** Some traders in China are reselling non-Russian LNG cargoes to Europe at high prices. They then restock with Russian LNG bought at steep discounts amid sanctions and boycotts.
** Shares of Canada’s largest natural gas producer climbed on Monday as Tourmaline Oil (TOU.TO) called for 28 per cent more cash flow next year, thanks to rising prices at several sales hubs.
** Nine nations bordering the North Sea announced plans Monday to massively increase offshore wind power in the coming decades as part of an effort to combat climate change and become independent of fossil fuel imports, particularly from Russia.