Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers todays fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

GovernmentBusinessTechnologyFuel

California Pledges State EV Credit if Federal Subsidies End

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

November 25, 2024
GovernmentBusinessFuel

OPEC+ Shifts to Virtual Meeting as Oil Futures Slide

Its the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.

November 25, 2024
GovernmentBusinessTechnologyEquipmentFuel

Nebraska Sues Truck OEMs Over Collusion on California Deal

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded to eliminate choice and raise truck prices.

November 25, 2024
BusinessTechnologyEquipmentFuel

Tesla, Rivian Reach Conditional Settlement in Poaching Suit

Tesla didnt disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

November 25, 2024
BusinessTechnologyFuelAutonomous

UBS: Teslas Rally Fueled by Investor Optimism, Not Growth

Tesla Inc.s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.

November 25, 2024
BusinessFuel

Exxon Could Jointly Develop Natural Gas Deposits Off Cyprus

NICOSIA, Cyprus Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus southern coast.

November 22, 2024
GovernmentBusinessEquipmentFuel

Automakers Urge Trump to Ease Fuel Efficiency Rules

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from unfair practices by China.

November 21, 2024
GovernmentBusinessSafetyFuel

Phillips 66 Indicted for Alleged Toxic Sewer Discharges

The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.

November 21, 2024
BusinessTechnologyEquipmentFuel

Northvolt Files for Bankruptcy After Failed Rescue Attempts

The move caps months of talks with owners, customers and creditors to find a way for Europes rare homegrown maker of EV batteries to continue operations.

November 21, 2024
GovernmentBusinessFuel

Biofuel Groups Ask Congress to Extend Expiring Tax Credit

Soybean farmers in seven states are asking Congress to extend current biodiesel and renewable diesel tax credits due to a lack of clarity on a set of new rules ready to take effect in January.

November 21, 2024