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In the middle of the U.S. summer driving season, diesel is knocking gasoline off its perch as the hot fuel bet and has become one bright spot in an oil market bracing for a glut this year.

The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.

Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

Based on data from some of the North American freight industry’s largest carriers, fleet-wide fuel efficiency averaged 7.77 mpg in 2023, compared with 7.62 mpg in 2022.

Chicago-based Patriot Transport set out to cut maintenance costs, extend oil drain intervals, and preserve equipment life—all while adhering to manufacturer warranties. This white paper provides timely insights into their approach, offering valuable lessons for fleet managers navigating the demands of the trucking industry.

With our recommendation of Mobil Delvac™ Extreme FE 10W-30, GP Transco was able to achieve up to a 1% gain in fuel economy—saving them hundreds of thousands of dollars a year. Find out how.

About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the U.S.’s world #oil dominance. 

The Environmental Protection Agency issued an emergency waiver of fuel rules in four Midwest states to address shortages tied to a power outage at an Exxon Mobil Corp. refinery in Joliet, Ill.

Alimentation Couche-Tard Inc., Canada’s most valuable retailer, tapped Chief Operating Officer Alex Miller to take over as CEO as the company explores more merger and acquisition deals.

Fuel card skimming is on the rise. Read Dan Calabrese's report on what trucking fleets can do to thwart cyber criminals who engage in this high tech theft.