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GM Eyes Affordable Electric Pickup With 350-Mile Range

The Detroit-based automaker is working to secure a North American supply of lithium iron phosphate batteries, according to its vice president of battery strategy.

October 8, 2024

US Crude Production Growth Slows as Oil Rigs Decline

While output is still poised to reach a record of 13.54 million barrels a day, the annual rate of growth is now projected at 2.4% versus 3.2%, per the Energy Information Administration.

October 8, 2024

Diesel Price Rises 4瞽 to $3.584 a Gallon

The national average diesel price increased 4 cents to $3.584 per gallon, according to U.S. Energy Information Administration data released Oct. 7.

October 7, 2024

Rivian Faces Delays, Cuts Production After Supplier Misstep

Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.

October 7, 2024

LNG Ships Divert to Europe on Wider War Fears

Liquefied natural gas cargoes are diverting away from Asia to Europe after fears of a wider war in the Middle East sent benchmark Dutch prices rallying.

October 7, 2024

Shell Sees Strong Natural Gas Production in Third Quarter

Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.

October 7, 2024

Chevron Sells Canada Oil Sand, Shale Assets for $6.5 Billion

Chevron Corp. agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.

October 7, 2024

Maersk Expects IMO to Approve Global CO2 Levy in 2025

Shipping giant A.P. Moller-Maersk A/S expects the industrys global regulator next year to approve a charge on vessels greenhouse gas emissions.

October 4, 2024

Vice Presidential Candidates Defend Energy Policies

The differing viewpoints on energy and environmental policy held by the two major party candidates for the U.S. presidency were dissected during a spirited but collegial debate by their running mates on Oct. 1

October 3, 2024

Nikola Sells 88 Class 8 Hydrogen Fuel Cell Trucks in Q3

Despite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and were doing it one truck at a time, CEO Steve Girsky said.

October 3, 2024