** Detroit-based GM is transitioning its Corvette engineering team, which contains some of the company’s most elite talent, to the electric and autonomous vehicles development team, reports InsideEVs.
** As demand for e-commerce rises, so too does demand for electric delivery vehicles from giants including Amazon, FedEx, and UPS, according to the Chicago Tribune. Midwest EV truck startups Bollinger Motors, Rivian, and Workhorse are named as key players in converting delivery fleets to EVs.
** Oil-services provider SAExploration Holdings Inc., which received millions in coronavirus aid from the federal government, filed for bankruptcy with plans to hand ownership of most of the business to lenders and bondholders as a way to deal with challenges facing the energy industry.
** The beginning of September looms as yet another deadline as utility companies resume cutting power to customers who have fallen behind on their bills. In some states, moratoriums preventing them from doing so are ending, and in other states, utility company pledges to keep customers connected are winding down.
** The Trump administration on Monday finalized its weakening of an Obama-era rule aimed at reducing polluted wastewater from coal-burning power plants that has contaminated streams, lakes and underground aquifers. The change will allow utilities to use cheaper technologies and take longer to comply with pollution reduction guidelines that are less stringent than what the agency originally adopted in 2015.
** San Mateo Midstream announced the completion and successful start-up of the expansion of the Black River cryogenic natural gas processing plant in Eddy County, New Mexico.
** Phillips 66 Partners announces that its subsidiary Gray Oak Pipeline, LLC is launching an open season to solicit shipper commitments for services from West Texas on the Gray Oak Pipeline. The open season will provide an opportunity for interested shippers to secure long-term crude oil transportation with Gray Oak under binding transportation services agreements.
** A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Much of the new renewable capacity being built around the world is being offset by new coal and gas capacity, leaving the global generation mix more or less how it was in 2000.
** The EPA relaxes guidelines for disposing of coal ash and wastewater from coal-fired power plants, which critics say could allow more pollutants into waterways.
** A federal judge approves Murray Energy’s plan to emerge from bankruptcy, which will allow it to continue operating under the ownership of a new lending group.
