ºÚÁϳԹÏÍø

Daimler Truck’s heavy-duty hydrogen fuel cell electric truck ambitions took another step forward in recent weeks, as testing of the prototype Mercedes-Benz GenH2 Truck ramped up.

Diesel’s national average price ticked up 1.8 cents to $3.567, according to U.S. Energy Information Administration data released March 24.

The Trump administration extended Chevron’s deadline through May 27 to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant.

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.

BP said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines for about $1 billion, marking the British energy giant’s first divestment under its turnaround plan.

Members of Congress return to Washington the week of March 24 to consider senior officials for Department of Transportation agencies and President Donald Trump’s budget and tax plan.

The analysis is likely to intensify criticisms that former President Joe Biden’s pause was politically motivated and could cast doubts on the results of a second assessment.

The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.

The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on March 19.