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Volkswagen Introduces ID. EVERY1, Its Most Affordable EV

The model will offer more than 155 miles of range and is the ā€œlast piece of the puzzleā€ for VW’s next-generation lineup, said Thomas Schaefer, CEO of the brand.

March 5, 2025

Iowa Shutters Biodiesel Output on Federal Policy Uncertainty

Iowa biodiesel plants are operating at minimum or completely stopping production amid uncertainty over the future of renewable fuel and tax credit policies.

March 5, 2025

DOE Withdraws Biden-Era Rule, Approves LNG for Vessel Fuel

The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.

March 5, 2025

Trump Approves Permit Extension for Exxon’s Golden Pass LNG

The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.

March 5, 2025

Saudi Aramco Might Bid for BP’s Castrol Lubricant Assets

Saudi Aramco is considering a potential offer for BP's Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.

March 5, 2025

N.C. Reopens I-40 Section Closed Since September Hurricane

A stretch of I-40 that serves as a freight route between North Carolina and Tennessee has partially reopened after a monthslong shutdown caused by storm-related damage from Hurricane Helene.

March 4, 2025

Trump’s Oil Tariffs Set to Reshape Global Trade Flows

The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs.

March 4, 2025

Phillips 66 Board Battle Heats Up as Elliott Nominates Seven

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

March 4, 2025

Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.

March 4, 2025

Canada Responds, Puts Tariffs on $107 Billion of US Products

Canada announced a package of counter-tariffs against U.S. products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico.

March 4, 2025