DETROIT — The reliability of electric vehicles and plug-in hybrids has dramatically improved, narrowing a wide gap with gas-powered automobiles, according to the latest survey by Consumer Reports.
December 5, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Hydrogen-Powered Hyundai Trucks Hit the Road in Georgia
Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.
December 5, 2024Members of OPEC+ Postpone Production Increases
FRANKFURT, Germany — Eight members of OPEC+ decided Dec. 5 to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries.
December 5, 2024Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024Volatility Retreats in Crude Oil Market
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.
December 4, 2024Exxon Taps Low Carbon Chief to Lead Key Oil and Gas Division
Exxon Mobil Corp. named Dan Ammann as head of its upstream oil and gas business, putting its low carbon president in charge of its most profitable division.
December 3, 2024OPEC+ Firms Up Deal for Three-Month Delay to Output Hike
OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.
December 3, 2024Average Diesel Price Rises Just a Tenth of a Cent to $3.540
The U.S. average diesel price rose by just a tenth of a cent to $3.540 per gallon for the week ending Dec. 2, according to the latest data from the U.S. Energy Information Administration.
December 2, 2024General Motors to Sell Its Stake in Michigan Battery Factory
DETROIT — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Mich.
December 2, 2024Germany Assumes $629M in Northvolt Debt After Insolvency
Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.
December 2, 2024