Energy/Business Briefs

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• The Supreme Court opened the door Monday to new, broad challenges to regulations long after they take effect, the third blow in a week to federal agencies,reported the Associated Press. The justices ruled 6-3 in favor of a truck stop in North Dakota that wants to sue over a regulation on debit card swipe fees that the federal appeals court in Washington upheld 10 years ago.

• Native Alaska communities sue the Biden administration over its oil and gas drilling ban on 10.6 million acres in a national petroleum reserve, saying it violates federal laws.

• John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer, according to Fox Business News.

• Experts believe Tesla will likely report another slumping quarter on Tuesday, revealing weaker sales including a 5.4% drop from one year ago.

• A report by TCD says Toyota has invested nearly $14 billion into its Liberty, North Carolina, “megasite” for EV batteries.

• The National Highway Traffic Safety Administration issued multiple recalls last week, including notices for more than 550,000 Ford trucks because the transmission can suddenly downshift.

• Arizona Gov. Katie Hobbs says she does not plan on shutting down a newly reopened uranium mine near the Grand Canyon after advocates call on regulators to revoke the facility’s permits.

• BP has put all new offshore wind projects on pause as the oil company’s new chief executive seeks to focus more heavily on fossil fuels. Murray Auchincloss, who became permanent head of the business at the start of the year, has also frozen hiring in the offshore wind division.

• California lawmakers advance legislation that would fine oil companies $10,000 daily for operating low-producing wells near homes and schools.

• A developer proposes an offshore wind power facility off Hawaii’s coast.

• Conservative Climate Caucus founder Rep. John Curtis wins the Utah Republican primary for Mitt Romney’s Senate seat.

• The Havasupai Tribe continues to push back against a uranium mine reopening near the Grand Canyon, saying it could contaminate their drinking water source.

• About 55 percent of the water emanating from U.S. rivers is vulnerable to pollution, due to their lack of protections under the Clean Water Act, a new study has found. World

• China installed an 18-megawatt wind turbine earlier this month off the shore of Guangdong province. It is the largest wind turbine ever by power rating, and experts expect it to produce enough power for 36,000 homes every year, Electrek reports.

• Bloomberg reported that Saudi Aramco has awarded construction contracts worth $25 billion for the development of its Jafurah gas project, as it looks to boost production of the fuel considered a key part of plans to reduce plant-warming emissions.

• Team USA has confirmed that it will bring its own air conditioning units for American athletes to use in their rooms in the Olympic Village at the Paris 2024 Summer Olympics. The news came after games organizers said no AC would be provided in the accommodation.

• Turkish billionaire Robert Yuksel Yildirim’s holding company signed a $750 million investment for the construction of an ammonia plant in eastern Venezuela, according to a senior government official.

• In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow fleet to ferry its oil around the world. Now there is growing evidence Moscow has begun to do the same for liquefied natural gas.