** Berkshire Hathaway will take full ownership of Berkshire Hathaway Energy, after Warren Buffett’s conglomerate agreed to acquire the 8% it did not already own from the family of late billionaire philanthropist Walter Scott.
** Three environmental groups sue Montana regulators for approving an expansion of the Bull Mountain Mine that they say threatens water supplies and Native American cultural artifacts.
** A federal judge tells attorneys for a group of young California climate activists that he had “yet to be convinced” that their lawsuit’s complaints against the U.S. EPA could be fixed by a court.
** The Federal Highway Administration suspended David Coppola, Vice-President and part-owner of Al’s Asphalt Paving Company, Inc. in Michigan from participating in all federally funded programs. The United States District Court in the Eastern District of Michigan alleges that Coppola schemed with co-conspirators to suppress and eliminate competition by agreeing to rig bids for asphalt paving contracts throughout Michigan in violation of the Sherman Antitrust Act.
** North American midstream company Enbridge became the U.S.’ largest natural gas utility on Oct. 1 post closing the $3.1 billion acquisition of gas provider Public Service Co. of North Carolina (PSNC).
** In July 2024, U.S. dry natural gas production increased year over year for the first time in five months. Preliminary dry natural gas production in July 2024 was 3,234 billion cubic feet (Bcf), or 104.3 billion cubic feet per day (Bcf/d). Production was 1.0% (1.0 Bcf/d) higher in July 2024 than in July 2023 (103.3 Bcf/d); dry natural gas production was the highest for the month since 1973, when we began tracking dry production. Gross withdrawals also increased from July 2023
World
** Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.
** France, Greece, Italy and Poland will vote on Friday for tariffs of up to 45% on imports of electric vehicles (EVs) made in China, officials and sources said, enough to get the European Union proposal passed in a move likely to increase trade tensions with Beijing.
** Yemen’s Houthi rebels launched an explosive-loaded drone that crashed into one ship Tuesday in the Red Sea and a missile that exploded against another. The attacks are the rebels’ first assaults on commercial shipping in weeks as the Israel-Hamas war threatens to become a regional conflict.
** The US Commerce Department set preliminary duties on solar imports from Southeast Asia, after an initial finding the equipment is benefiting from illegal government aid.
** Stellantis’ chief Carlos Tavares will address an Italian parliamentary committee next week on the prospects for the carmaker’s production in Italy, the company said on Tuesday, after it warned about poor demand for electric vehicles.