Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.
August 13, 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.
Oil Surplus Looms if OPEC+ Hikes Supplies, IEA Data Shows
Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.
August 13, 2024Diesel Price Declines 5.1¢ to $3.704 a Gallon
The national average diesel price dropped 5.1 cents to $3.704 per gallon, according to Energy Information Administration data released Aug. 12.
August 12, 2024Marathon Investor Sues to Block ConocoPhillips Acquisition
A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.
August 12, 2024Lubrication Practices That Save Time and Increase Uptime
With these 4 lubrication best practices, fleet and maintenance managers can keep trucks on the road for longer and save money. Read more from the Mobil Delvac™ team to learn how our experts can help you implement these strategies successfully.
August 1, 2024Oil Refiners in US Slow Down, Stoking Global Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.
August 12, 20247-Eleven Targets 500 Locations for Diesel Network Expansion
7-Eleven announced a major expansion to its diesel refueling network Aug. 8, aiming to increase the number of locations available to professional drivers.
August 9, 2024Nikola Reports Q2 Shortfall but FCEV Sales Grow
Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.
August 9, 2024Pipeline Firms in Talks With Data Centers About Gas Supply
Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.
August 8, 2024Occidental Raises Production on CrownRock Acquisition
Occidental Petroleum Corp. raised its production and capital spending plans for this year after closing its $10.8 billion acquisition of CrownRock LP earlier this month.
August 8, 2024