Chevron Corp. agreed to buy oil and gas producer PDC Energy Inc. in a $6.3 billion all-stock deal as it seeks to expand amid what may be a busy year of mergers and acquisitions in U.S. shale.
May 22, 2023Search
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Ford Strikes Lithium Deals to Support EV Output
Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.
May 22, 2023Biden Delays Bid to Grant EV Makers Renewable Fuel Credits
The Biden administration has dropped, for now, a plan that would have awarded automakers such as Tesla Inc. credits for using renewable natural gas to power electric vehicles.
May 19, 2023US, Canada Plan First Cross-Border Electric Vehicle Corridor
The U.S. and Canada announced the creation of the Binational Electric Vehicle Corridor, an 872-mile route that will stretch from Kalamazoo, Mich., to Quebec City, Quebec, and feature fast chargers every 50 miles.Â
May 18, 2023EV Battery-Swapping Could Help Solve Charging Problems
Whether battery-swapping becomes a more mainstream alternative to charging in the U.S. depends, in part, on more automakers working with companies like Ample.
May 18, 2023Alabama Starts Its First Renewable Biodiesel Production
Alabama has taken steps toward building the state’s first renewable diesel production facility in Mobile using soybean oil from state farmers to make low-carbon fuel.
May 17, 2023Michigan Town Rests Economic Hopes on Ford Battery Plant
Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.
May 17, 2023Elon Musk Says Tesla Will Try Advertising
Tesla Inc. CEO Elon Musk said the electric carmaker will dabble in advertisements, a major shift for the company that has largely avoided traditional marketing.
May 17, 20234 Lubrication Strategies to Improve Fleet Uptime
See how fleet and maintenance managers can keep trucks on the road for longer and save money with these 4 lubrication best practices from the Mobil Delvacâ„¢ team. Plus, learn how our experts can help you implement them successfully. Â
May 1, 2023US to Buy 3 Million Barrels of Oil for Reserve in August
The U.S. is soliciting bids for up to 3 million barrels of sour crude oil to refill its depleted Strategic Petroleum Reserve in August.
May 16, 2023