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The Chinese fees, which were in a response to a similar move by Washington, have upended Asian oil trading as shippers and traders assess their exposure to charges.

The project aims to provide a new renewable diesel source for Southeast fleets and shippers, tying fuel production to the region’s forestry economy and adding 155 jobs.

The companies say the collaboration is focused on helping fleets improve efficiency, driver comfort and reliability.

The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.

China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.

Venture Global lost a dispute with BP involving the sale of liquefied natural gas cargoes, a surprise defeat that comes eight weeks after Venture prevailed in a similar fight with Shell.

Fleet maintenance leaders shared their ideas on improving practices and combating the challenges facing technicians at ATA's Technology & Maintenance Council Fall Meeting in Raleigh, N.C.
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Canadian Prime Minister Mark Carney pitched deeper cooperation with the U.S. on energy, including a possible revival of the Keystone XL pipeline, in his meeting with President Donald Trump.

GM will give about $6,000 of its own cash for lease support and to keep EV sales going.

New Fortress Energy has reached a tentative deal that may allow it to deliver LNG to its terminal in Puerto Rico after it hammered out an agreement with tugboat operators, local media reported.