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Glider Kit Study Drew ‘Inaccurate’ Conclusions, Tennessee Tech Finds

A misconduct investigation completed by Tennessee Technological University concluded that university researchers erred when stating in an industry-funded glider kit study that emissions from the trucks are as clean or cleaner than those from newer trucks.

October 24, 2018

Arctic Offshore Wells Approved Off Alaska’s Coast

ANCHORAGE, Alaska — The first oil and gas production wells in federal Arctic waters have been approved by U.S. regulators. The Bureau of Ocean Energy Management on Oct. 24 announced it issued a conditional permit for the Liberty Project, a proposal by a subsidiary of Houston-based Hilcorp for production wells on an artificial island in the Beaufort Sea.

October 24, 2018

IMO Rejects US-Backed Plan for Phased Start of Ship-Fuel Rules

The International Maritime Organization rejected a proposal — supported by both the U.S. and shipping groups — for a phased start to rules that will limit the sulfur content of ship fuels starting in 2020.

October 24, 2018

New York Says Exxon Misled Investors About Climate Risks

A few months ago lawyers for Exxon Mobil Corp. stood before a judge and told New York’s attorney general to “put up or shut up†after investigating the company’s public disclosures about climate change, saying it should sue the company or move on. New York Attorney General Barbara Underwood said Exxon Mobil misled investors about the risks that climate change poses to its operations.

October 24, 2018

Diesel Slides 1.4¢ in First Decline Since Aug. 20

The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.

October 22, 2018

North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume

BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.

October 22, 2018

Sunoco Finalizes Deal for Brenco Marketing

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

October 22, 2018

AxleTech, Thor Trucks Partner to Build Heavy-Duty E-Powertrain

AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology.

October 22, 2018

Marathon Considers Selling High-Ethanol Gas in Minnesota

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

October 22, 2018

Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate

U.S. refiners are getting stung by President Donald Trump’s reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.

October 19, 2018