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, 2024Search
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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, 2024Diesel 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, 2024Rivian 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, 2024LNG 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, 2024Shell 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, 2024Chevron 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, 2024Maersk 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, 2024Vice 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, 2024Nikola 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