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Stellantis Says 98% of Models to Be Electric or Hybrid by 2025

Stellantis CEO Carlos Tavares said that by 2025, 98% of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions.

July 9, 2021

PHMSA Seeks Ideas to Improve Safe Hazmat Transportation

The Pipeline and Hazardous Materials Safety Administration is seeking ideas for leading-edge research and innovative techniques to advance the safe transportation of hazardous materials.

July 8, 2021

US Projects Modest Oil Output Increase in 2021 Despite High Prices

The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand.

July 7, 2021

Stellantis Nears Deal to Build Major EV Battery Plant in Italy

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

July 7, 2021

Diesel Rises 3.1¢ to $3.331 a Gallon

The national average price for a gallon of diesel rose 3.1 cents to $3.331 a gallon, according to Energy Information Administration data released July 5.

July 6, 2021

Fuel Use Tops Pre-Virus Level Heading Into Holiday

U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said.

July 6, 2021

Biden Administration ‘Encouraged’ by Ongoing OPEC Talks

Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said.

July 6, 2021

OPEC+ Breakdown: What to Watch as the Oil Crisis Evolves

OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York.

July 6, 2021

Daimler, Volvo, Traton Form $593 Million Truck-Charging Venture

Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.

July 6, 2021