** Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays. Reliance, which is controlled by Asia’s richest man and manages the world’s biggest oil refinery complex, rose 4.3% in Mumbai on Friday, taking its market value to $189 billion, while Exxon Mobil lost about $1 billion.
** PG&E tells a federal judge that the transmission line that started 2018’s deadly and destructive Camp Fire could still be a hazard despite being shut off.
** Native American tribes continue to raise concerns about a proposed pumped hydropower project in Washington State.
** First Solar and Tesla are selected as the suppliers for three new projects totaling 555 MW of solar power and 800 MWh of battery storage for a data center in Nevada.
** NV Energy proposes a $2 billion statewide transmission infrastructure project it says will help promote renewable energy development, create jobs, and boost Nevada’s economy.
** A solar energy group says Florida’s reliance on natural gas costs the state around $5 billion annually, and that prices could double over the next decade.
** In August, Memphis Light Gas and Water will resume cutting off customers’ power if they are behind on their bill.
** Pennsylvania regulators fine a natural gas drilling company $310,000 for spills and landslides related to its pipelines.
** Ohio officials involved in passing the $1 billion nuclear bailout scheme, now at the center of a federal racketeering investigation, face a reckoning that could upend the state’s political landscape.
** Advocates say recent court decisions involving major pipeline projects ultimately make it more difficult for the Trump administration to achieve U.S. energy dominance goals.
** General Motors previews plans to launch a full-size electric pickup truck with 400-plus miles of range.
** The next round of spending bills is due for a House vote this week, with appropriations for the Energy Department, Army Corps of Engineers and Bureau of Reclamation all in the upcoming package.
** The House will also tee up a vote on the Water Resources Development Act this week to authorize construction on a range of projects.
** The House will vote this week on Energy and Water Development and Related Agencies appropriations for fiscal year 2021 as part of a series of spending bills comprising a $1.4 trillion plan ( H.R. 7617 (116)).
** Joe Biden, the presumptive Democratic presidential nominee, netted an endorsement from the Utility Workers Union of America, a 50,000-member labor organization affiliated with the AFL-CIO.
