BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines.
August 27, 2019Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Cummins, UC-San Diego to Study Reusing EV Batteries
Cummins Inc. on Aug. 27 announced a multiyear partnership with the University of California-San Diego and its battery validation lab.
August 27, 2019DOE Announces $59 Million for Vehicle Technology Research
The U.S. Department of Energy announced it is devoting $59 million to 43 projects that will explore advanced vehicle technology research.
August 27, 2019Oil Advances Amid Mixed Trade Dispute Signals
Oil rose after four days of losses as President Donald Trump gave mixed signals on resolving the U.S.-China trade dispute.
August 27, 2019Diesel Price Falls for Seventh Consecutive Week, Down 1.1¢ to $2.983 a Gallon
The U.S. average retail price of diesel dropped 1.1 cents to $2.983 per gallon, the Department of Energy reported Aug. 26, and the price of crude dropped to a two-week low amid the persistent tariff-related faceoff between the United States and China.
August 26, 2019Nikola Receives $1.7 Million Research Grant From DOE
Nikola Motor Co. announced it has been awarded a $1.7 million grant by the U.S. Department of Energy to advance research into fuel cell membrane electrode assembly.
August 26, 2019Alabama 6-Cent Gas Tax Increase to Start Sept. 1
For the first time in 27 years, anyone fueling up at a gas station in Alabama soon will fork out more money in taxes that will go directly to the state.
August 26, 2019Traffic Getting Worse Amid Good Economy, Report Finds
Traffic across the country continues to worsen as the economy remains strong, according to the Texas A&M Transportation Institute’s recently released 2019 Urban Mobility Report.
August 26, 2019Iran Says Oil Aboard Tanker Pursued by US Sold to Unnamed Buyer
TEHRAN, Iran — Iran on Aug. 26 announced that the 2.1 million barrels of crude aboard an Iranian oil tanker pursued by the United States have been sold to an unnamed buyer as the ship, at the center of a crisis roiling the region, continued its voyage in the Mediterranean Sea.
August 26, 2019Trump Orders Biofuel Boost in Bid to Temper Farm State Anger
President Donald Trump, seeking to tamp down political fallout in U.S. farm states essential to his re-election, has ordered federal agencies to shift course on relieving some oil refineries of requirements to use biofuel such as corn-based ethanol.
August 23, 2019