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Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.

TravelCenters of America Inc. reported fourth-quarter net income soared and revenue nearly doubled.

Renewable Energy Group Inc., a green diesel maker, is exploring options after receiving takeover interest, including selling itself, according to a person familiar with the matter.

The U.S. Postal Service has finalized a contract to replace its mail truck fleet with almost all gasoline-powered models, drawing an angry response from Biden administration officials who unsuccessfully pushed the agency to buy electric vehicles instead.

Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into “responsibly sourced” gas.

SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.

The national average price for diesel continued to climb, albeit at a slower rate, rising 3.6 cents to a nearly nine-year-high of $4.055 a gallon, according to Energy Information Administration data released Feb. 22.

LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.

Nikola Corp. named Michael Lohscheller president of Nikola Motor with the aim of scaling its global heavy-duty truck business.