Energy briefs

** President Donald Trump on Tuesday moved to revert to older standards for light bulbs as well as toilets, showers and other water-using appliances, a day after signing an order promoting plastic straws and rescinding a plan to reduce single-use plastics.

**  US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia and Canada amid complaints that Petroleos Mexicanos is increasingly delivering crude that’s unfit to make gasoline and diesel.

** Pennsylvania Gov. Josh Shapiro’s energy plan draws objections from climate advocates who object to its “all of the above” approach that embraces fossil fuel energy generation.

** New York state regulators approve the construction of two new compressor stations, a key step toward enabling an additional 125 million cubic feet of natural gas to flow along a pipeline from Canada to New York.

** An Arizona lawmaker introduces a bill that would change the utility regulatory board’s name from the Arizona Corporation Commission to something more reflective of its role.

** A firm plans to import liquefied natural gas via an idle export terminal on Alaska’s Kenai Peninsula in an effort to stave off a looming fuel shortage in the state.

** Meta is expected to carry out “performance terminations” this week, which will roughly cut 5% of its staff and replace them with machine learning engineers, according to the tech company and multiple reports. Notices regarding the layoffs, which were announced in mid-January, were set to go out to underperforming employees in the U.S. and other countries on Monday morning, Meta spokesperson Tracy Clayton told USA TODAY.

World

** China’s BYD on Monday started offering advanced autonomous driving features on most of its models including ones priced as low as $9,555, far undercutting competitors such as Tesla in a move analysts say is set to start a new price war.

** Sales of secondhand electric vehicles (EVs) are at risk of stalling as Great Britain’s tax raid imposes “drastically” higher ownership costs on drivers. Used EV sales surged by 55pc to 188,382 last year amid tumbling prices and growing availability, the Society of Motor Manufacturers and Traders (SMMT) said.

** India is unlikely to raise its targets for combating carbon emissions after developed nations failed to meet its demands for more financial aid at last year’s COP29 climate summit, according to people familiar with the situation.

** Germany’s gas market manager said it’s in “intensive discussions” with authorities about potential subsidies to refill storage sites as Europe teeters on the edge of another supply crunch.