** Energy companies begin to resume oil and gas production in the Gulf of Mexico after Tropical Storm Cristobal blew through.
** Of nearly 80,000 Iraqis who worked in the oil fields in March, an estimated 15,000 are out of work after the government asked international oil companies to cut their budgets by 30%.
** The American Legislative Exchange Council, backed by fossil fuel groups, pushed legislation in West Virginia and other states to criminalize anti-pipeline protests.
** Weatherford International’s chief executive has resigned just days before the struggling oil-field services company’s annual meeting and amid a debt crisis that could lead to a second bankruptcy filing in less than a year. Mark McCollum resigned Sunday, the company said Monday, and COO Karl Blanchard and CFO Christian Garcia will oversee operations during a search for McCollum’s replacement.
** U.S. natural gas exports to Mexico are up sharply in June amid signs of looming demand growth from warming temperatures, a reopening of the economy and a delayed pipeline system coming into service, S&P Global Platts reported.
** California’s oil and freight industries are pushing back against state regulations that would limit diesel exhaust throughout the state.
** A judge clears the way for foreclosure on two large coal shovels at a company’s Powder River Basin mines.
** Regulators and lawmakers support the idea of a new federal fund that could help plug New Mexico’s abandoned oil and gas wells on state and tribal land.
** Murray Energy issues layoff notices for more than 1,500 workers, citing billions of dollars in debt and reduced demand as it moves through bankruptcy.
** The pandemic could cause a supply shortage of key metals used to produce electric vehicle batteries, though drops in EV demand could be more pronounced than effects on battery supplies, according to a report.
** Electric automaker Tesla saw its stock ending Monday at almost $950-per-share Monday, a record closing price. The stock rose after China Passenger Car Association reported that sales of Tesla’s Model 3 were over 11,000 in May, more than tripling April’s levels, per Fortune and other outlets.
** House Democrats are ratcheting up pressure to insert financial help for clean energy into any upcoming bills to try to aid the pandemic-ravaged sector, setting up a clash with GOP lawmakers who’ve so far derided attempts to aid renewables as a furtive bid to implement the Green New Deal.