Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.
March 12, 2021Search
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DeJoy Embraces Electric Trucks Despite USPS Contract Award
Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.
March 11, 2021Biden Is Betting His Whole Climate Agenda on Infrastructure
Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of COVID-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President Biden signed into law March 11, however, does little in the way of fulfilling that pledge.
March 11, 2021LG to Invest $4.5 Billion to Expand Battery Capacity in US
LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.
March 11, 2021Trucking Industry Making Strides Toward Electrification
Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.
March 11, 2021Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.
March 11, 2021Oshkosh Acknowledged Weakness on EVs Before Win in Postal Deal
Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.
March 10, 2021Biden Executive Order Calls on Agencies to Prioritize 'Environmental Justice'
A sweeping executive order from President Joe Biden calls for a review of all Trump-era environmental regulations with a focus on the issue of “environmental justice,” an effort to cut greenhouse gas emissions in low-income and minority communities across the United States that, in many cases, are located near where heavy trucks operate.
March 9, 2021Giant Oil Tankers Are Losing Almost $7,000 a Day Amid OPEC Cuts
Times are getting tougher by the day for oil tanker owners.
March 9, 2021Tesla Roars Toward Biggest Gain in Over a Year
Investors rushed back into Tesla Inc. shares on March 9, putting a screeching halt to a five-day slump, and pushing the stock to its biggest gain in more than a year.
March 9, 2021