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 today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Permian to Buy Occidental West Texas Assets for $817.5M

Permian Resources Corp. will buy some of Occidental Petroleum Corp.’s West Texas assets for $817.5 million, it said in a statement.

July 29, 2024
BusinessFuel

Oil Drilling Recovery Unlikely This Year, Baker Hughes Says

Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year.

July 26, 2024
GovernmentBusinessFuel

Trump Targets Biden Administration’s EV Agenda at RNC

A rollback of policies that former President Donald Trump believes unfairly target fossil fuel-powered vehicles would be among the central priorities he'd tackle if re-elected this fall.

July 25, 2024
GovernmentBusinessFuel

Ruling Paves Way to Restart Work on Exxon’s Texas LNG Plant

A bankruptcy judge on July 24 approved a settlement that will allow other companies to finish work on an Exxon gas export project in Texas.

July 24, 2024
BusinessTechnologyEquipmentFuelAutonomousTop 100

Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand

Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.

July 24, 2024
BusinessTechnologyFuelAutonomous

Tesla's Second-Quarter Profit Falls 45% to $1.48 Billion

DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

July 23, 2024
GovernmentFuel

Diesel Price Sheds 4.7¢ to $3.779 a Gallon

The national average diesel price dipped 4.7 cents to $3.779 a gallon, according to Energy Information Administration data released July 22.

July 22, 2024
GovernmentBusinessTechnologyFuel

American Farmers’ Next Hot Commodity Is Canola for Biofuels

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

July 22, 2024
GovernmentBusinessSafetyFuel

Shipping Gets Dirtier as Houthi Attacks Fuel Longer Voyages

Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.

July 22, 2024
GovernmentBusinessTechnologyFuel

EPA Awards $4.3B to Pollution Reduction Projects in 30 States

WASHINGTON — The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution.

July 22, 2024