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Matador Increases 2024 Oil Output Projection by 5%

Dallas-based Matador now plans to produce an average of 98,500 to 101,500 barrels of oil per day in 2024, a 5% increase from the company’s previous projection.

October 23, 2024

NACFE: Early Electric TRUs Show Promise; Struggle With Costs

The research, published Oct. 18, marked NACFE’s first analysis of alternatives available to fleets, with the introduction of all-electric TRUs in its early stages.

October 23, 2024

Hyundai Testing Novel Hydrogen Production

Hyundai’s plant in Georgia has been running its internal logistics operations using hydrogen and the automaker has been testing domestic production of the fuel using biogas from food scraps.

October 23, 2024

Diesel Price Drops 7.8¢ to $3.553

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

October 21, 2024

Northvolt Close to $300M Deal to Address Cash Flow Issues

A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

October 17, 2024

EV Manufacturer Revoy Unveils Ryder as First Customer

Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

October 17, 2024

LNG Tanker Glut Is Softening Blow for Consumers

Ships that carry LNG are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying more for energy this winter.

October 17, 2024

PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout

The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.

October 17, 2024

Supreme Court Greenlights EPA’s Power Plant Emission Rules

Opponents, including trade groups and companies in the power and mining industries, were seeking to halt the rules while a legal challenge goes forward at a federal appeals court.

October 16, 2024