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The owner of 7-Eleven convenience stores and other retail chains has received a buyout offer from Canada’s Alimentation Couche-Tard.

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

The U.S. Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack.

The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.

The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.

Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.

A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.

With these 4 lubrication best practices, fleet and maintenance managers can keep trucks on the road for longer and save money. Read more from the Mobil Delvac™ team to learn how our experts can help you implement these strategies successfully. 

Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.