if you delete something from list , u can use this way : (method sub is case sensitive)
new_list = []
old_list= ["ABCDEFG","HKLMNOP","QRSTUV"]
for data in old_list:
new_list.append(re.sub("AB|M|TV", " ", data))
print(new_list) // output : [' CDEFG', 'HKL NOP', 'QRSTUV']