Oil tumbled below $40 a barrel for the first time in a month, with a sell-off in equities and a stronger dollar exacerbating demand concerns as a lackluster summer driving season draws to a close.
September 4, 2020Search
Showing 10 of 7729 results
Musk Test-Drives VW Electric Car in Meeting With CEO Diess
Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.
September 4, 2020GM Signs Deal With Honda to Develop Future Products
General Motors and Honda have a deal to share vehicle platforms and technology in North America starting next year.
September 3, 2020$3 Billion Planned for Next-Generation Hydrogen Power Plants
Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.
September 2, 2020Volvo Helps Expand Options for Electric Truck Charging
Volvo Trucks North America took a step toward the widespread usage of electric trucks by expanding charging options, the company announced Aug. 26.
September 2, 2020ETruck Transportation to Convert Used Freightliner Class 6 Trucks to Electric
ETruck Transportation announced a plan to take used, diesel-powered Class 6 Freightliner models and convert them to battery-electric power.
September 2, 2020Oil Rises on Signs US Crude Stockpiles Fell for a Sixth Week
Oil rose on signs a glut was easing with U.S. crude stockpiles shrinking for a sixth week.
September 2, 2020Shale Loses Another Global Giant After Schlumberger’s Frack Sale
Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.
September 1, 2020Tesla to Sell up to $5 Billion of Shares After Stock Surge
Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.
September 1, 2020Diesel Jumps 1.5¢ After Hurricane Laura Ravages Gulf Region
The price of diesel jumped by 1.5 cents nationwide to $2.441 a gallon, the Energy Information Administration reported Aug. 31, as much of the nation’s oil exploration and refining capacity was shut down because of two severe-weather events.
August 31, 2020