** A federal court upholds the Biden administration’s approval of the Willow drilling project in Alaska and allows construction to continue, but orders the federal Bureau of Land Management to address a flaw in its environmental review.
** A federal oil and gas lease sale in Wyoming nets $7.7 million, which an industry insider described as “peanuts” compared to revenues under previous administrations.
** CNN reports that sources reveal the U.S. EPA’s enforcement of oil and gas industry regulations has “effectively been paused” in Texas, Louisiana, and other states as the Trump administration pushes to boost production.
** Alaska youth advocates urge the state’s Supreme Court to consider their lawsuit seeking to block a proposed liquefied natural gas pipeline and export project, saying it violates their constitutional right to a livable climate.
** The Delaware refinery that for three weeks released sulfur dioxide at levels above what their permits allow has repaired the broken boiler that caused the problem; state environmental officials say the emissions were not enough to impact public health.
** Florida Gov. Ron DeSantis considers whether to sign or veto a bill to ban oil drilling along the Apalachicola River in response to a Louisiana company’s plans to drill an exploratory well.
** In a landmark move, the Tennessee Valley Authority became the first United States utility to seek a permit to build a small modular nuclear reactor.
World
** Chevron CorporationCVX, a Houston, TX-based integrated oil and gas company, has confirmed the complete shutdown of its massive Leviathan gas field, situated in the Levant Basin off Israel’s coast. This development comes in response to an emergency directive issued by Israel’s Energy Ministry, due to growing national security concerns following escalating tensions with Iran.
** Iranian missiles struck an oil refinery and killed 3 workers Monday in the northern Israeli city of Haifa. Israel struck two gas treatment plants in southern Iran and an oil storage site in Tehran, which caused fires at two or three storage tanks.
** Russian forces carried out an overnight strike on the Kremenchuk oil refinery that supplies fuel to Ukrainian forces in the Donbas region, Russia’s defence ministry said on Sunday. President Volodymyr Zelenskiy denounced the attack on the central Poltava region as a vile strike against Ukrainian energy infrastructure.
** The United States is pushing Vietnam in tariff talks to reduce the use of Chinese tech in devices that are assembled in the country before being exported to America, three people briefed on the matter said.
** Electric vehicle giant BYD recently launched an all-electric car boasting a shockingly low price tag, appealing to young drivers and taxi fleets with its standout combination of affordability and modern features.
** Freight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe’s proposed lower price cap comes to fruition.
