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OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024

5 Questions: Kenneth Eggen, Wolf River Express

Thirty-five-year industry veteran Kenneth Eggen oversees "cradle to grave" management of Wolf River Express' vehicle assets as the company's chief operating officer.

July 12, 2024

Hexagon Agility and Brudeli Green Mobility to Deliver NZEVs

LAS VEGAS — Hexagon Agility and Brudeli announced a collaboration and unveiled the Brudeli Powerhybrid, the first near-zero-emission vehicle that complies with California’s ACT and ACF rules.

July 12, 2024

Diesel Price Rises 5.2¢ to $3.865

The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.

July 8, 2024

Devon to Buy Williston Basin Oil Assets in $5 Billion Deal

Devon Energy Corp. agreed to acquire the Williston Basin business of Grayson Mill Energy for $5 billion as consolidation continues in the U.S. oil patch.

July 8, 2024

ATRI Report: Cost of Operating a Truck Up 6.6% in 2023

The total marginal cost of operating a truck in 2023 rose to a record $2.270 per mile despite fuel costs that fell by 8.8 cents per mile, the American Transportation Research Institute said.

July 3, 2024

Amtrak Used 2 Million Gallons of Renewable Diesel in FY2023

Switching to renewable diesel has enabled Amtrak to replace about 2 million gallons of fossil fuel during the past fiscal year and move closer to its goal of achieving zero emissions.

July 1, 2024

Renault Vows to Lower EV Battery Costs 20% With New Process

Renault SA pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.

July 1, 2024

OPEC Crude Production Steady for Third Month

OPEC’s crude production remained steady for a third month, while some key members continued to pump above agreed limits.

July 1, 2024