Energy quick reads

** The U.S. was the world’s largest exporter of liquified natural gas (LNG) in 2023, according to federal data released on Monday. U.S. exports of the fossil fuel last year surpassed those of major exporters Qatar and Australia and amounted to 12 percent more American gas shipped than in 2022, the independent Energy Information Administration said.

** The U.S. Coast Guard is preparing to establish a temporary alternate channel for commercially essential vessels near the collapsed Francis Scott Key Bridge in Baltimore, officials said Sunday.

** The House Conservative Climate Caucus has named Rep. Mariannette Miller-Meeks (R-Iowa) as its new chair, succeeding founder Rep. John Curtis (R-Utah).

** Preventing the ship that crashed into the Francis Scott Key Bridge in Baltimore Harbor from shifting in the current while it supports thousands of tons of steel wreckage is a key goal for the Army Corps of Engineers, according to a senior U.S. official and a document obtained by USA TODAY.

** The Vermont Legislature is advancing legislation requiring big fossil fuel companies pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather.

** Tesla missed market expectations for first-quarter deliveries on Tuesday, as it battled competition from upstarts and established players in major markets, while struggling with weak demand for its aging line-up of electric cars. Tesla shares fell 6.9% before the bell, adding to the nearly 30% slide in value so far this year.


** Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a tightening global market. Petroleos Mexicanos, also called Pemex, canceled contracts to supply its flagship Maya crude oil to refiners in the US, Europe and Asia, according to people with knowledge of the situation, who asked not to be named because the information is private.

** A Ukrainian drone struck Russia’s third largest oil refinery on Tuesday about 1,300 km (800 miles) from the front lines, hitting a unit that processes about 155,000 barrels of crude per day though an industry source said the damage was not significant.

** The World Bank has approved a loan of $750 million to Colombia, to help the country become more resilient in the face of climate change by buoying up renewable energy efforts and reducing carbon emissions, the bank said on Monday.

** Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment.

** Two German energy companies said they shut down seven coal-fired power plants over the Easter holiday weekend, taking more than 3,000 MW of generation capacity offline for decommissioning.