** For two months, the Malta-flagged oil tanker Alkimos has been quietly floating off the Gulf Coast of Texas, undisturbed by the high-stakes legal fight playing out in a federal courtroom as a result of American sanctions on Venezuela.
** Houston oil company Sanchez Energy has exited from Chapter 11 bankruptcy with a new CEO and as a privately held company under the name Mesquite Energy.
** The Trump administration is expected to weigh in on a lawsuit in the next couple of months that questions the legality of eminent domain to build a natural gas pipeline, following a request from the Supreme Court on Monday.
** The United Auto Workers union wants General Motors Co. to temporarily close its large-SUV assembly plant in Arlington for the safety of its 4,000 workers as cases of COVID-19 rise rapidly in the state.
** A federal appeals panel rules regulators cannot indefinitely keep pipeline challenges out of court while construction proceeds in a case that originated in Pennsylvania.
** Five-term Colorado U.S. Rep. Scott Tipton was upset in Tuesday’s Republican Party primary by Lauren Boebert, a pistol-packing businesswoman, ardent defender of gun rights and border wall supporter who wants to abolish the U.S. Department of Education.
** The Pennsylvania Department of Health says it will look into the health effects of fracking contained in a grand jury report that criticizes state oversight of the industry.
** The Trump administration releases a report touting a strong future for petrochemicals and coal in Appalachia despite concerns about declining demand, supply gluts and environmental harm.
** CenterPoint Energy, the regulated utility that supplies power to the Houston area, announced late Tuesday that it’s bringing back David Lesar, the former CEO and chairman of Halliburton to head the utility. He starts Wednesday.
** Houston-based Occidental Petroleum is warning investors that it expects to reduce the value of its assets by $6 billion to $9 billion in the second quarter.
** The Permian Basin reclaimed its status as the top destination for hydraulic fracturing crews in the United States, according Tudor, Pickering, Holt & Co.
** Bank of America said it is buying solar power from NRG Energy in a 10-year deal.
** Byton Ltd., the Chinese electric-vehicle startup that plotted a U.S. entry for years but never sold a car, is suspending all domestic operations and furloughing staff after the coronavirus pandemic made it tougher to get its business off the ground.
** Enbridge argues in court that federal regulators — not the state of Michigan — have the authority to close the Line 5 pipeline. The Michigan Public Service Commission denies Enbridge’s request for expedited approval of a plan to build a tunnel for the pipeline in the Straits of Mackinac.
** U.S. House Democrats unveil a sweeping climate change plan that includes requiring utilities to reach net-zero greenhouse gas emissions by 2040 and automakers to produce only electric vehicles by 2035.
