** More natural gas pipelines have entered into service in recent months to carry gas from the Permian basin to Mexico, boosting U.S. gas exports to America’s neighbor to the south and reducing the wide discount at which gas traded at the Waha Hub in Texas.
** Lordstown Motors Corp. shares dropped 20% after the electric-vehicle company warned investors about its ability to continue functioning financially Tuesday.
** Exxon Mobil Corp said on Wednesday it has made a new discovery at Longtail-3 in the Stabroek Block offshore Guyana, as the U.S. oil major develops one of the world’s most important new oil and gas blocks in the last decade.
** Protesters fighting a Canadian-based company’s push to replace an aging oil pipeline across northern Minnesota maintained a blockade at a pump station Tuesday as part of a summer drive to stop the project before it can go into service.
** The recent overhaul of Exxon Mobil Corp’s board of directors could shift billions of dollars in spending and strategy over several years, but any changes likely will take time, analysts and investors say.
** Tesla, Volkswagen and Ford have all said they will use lithium batteries that contain abundant iron rather than more valuable metals such as nickel and cobalt in some of their electric cars in order to make them less expensive. The transition to electric cars is expected to create a large amount of waste batteries over the next two decades.
** Secretary of State Antony Blinken called completion of the Nord Stream 2 pipeline from Russia to Germany a “fait accompli” and said the U.S. is now working with Germany to limit how dependent Europe’s energy system will be on Russia after it is finished.
** Russia has been busy expanding its influence in major oil fields in Iraq.
** More lawsuits filed Tuesday in the capsizing of an offshore oil service vessel in a Gulf of Mexico storm provide harrowing descriptions of what survivors endured in the accident that killed 13 shipmates.