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DOE Provides $128 Million for Electrified Truck Development

The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.

November 5, 2021

Shipping Firms Seek Investments in Technology to Cut Emissions

GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.

November 5, 2021

Global Freight Market Battles Disruptions Due to Bottlenecks

After a once-in-a-lifetime deadly pandemic, the world’s supply chains are realizing a new normal as industries meet the challenge of rebuilding and managing them in a post-­recovery era.

November 12, 2021

OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase

OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.

November 4, 2021

TravelCenters of America Posts Higher Net Income, Revenue in Q3

TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.

November 2, 2021

US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them

The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.

November 2, 2021

Cummins Posts Q3 Income, Revenue Gains

Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.

November 2, 2021

Marathon Petroleum Weighs the Sale of Alaska Refinery

Marathon Petroleum Corp. is weighing a sale of its Kenai refinery in Alaska as the U.S.’ largest independent crude processor seeks to further streamline operations.

November 2, 2021

BP Says Oil Demand Is Back Above 100 Million Barrels a Day

As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.

November 2, 2021

Refiners Are Less Pressed to Shut Down Plants as Fuel Demand Rebounds

After several years of plant closures and conversions to make renewable fuel, the pressure on American refiners to shut down excess capacity is easing as gasoline demand nears pre-pandemic levels and supplies dwindle.

November 1, 2021