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OPEC+ Works on Output Cut Accord That May Stretch Into 2025

OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.

May 30, 2024

DTNA’s O’Leary: EV Infrastructure Buildout Still Lagging

Daimler Truck North America CEO John O’Leary says the scarcity of charging infrastructure continues to constrain the pace of the industry's adoption of battery-electric trucks.

May 30, 2024

Greenlane Eyes Securing 20 Sites by End of 2025, CEO Says

Alternative power supplier Greenlane expects to have up to 20 sites lined up for development by the end of 2025, according to CEO Patrick Macdonald-King.

May 30, 2024

Senators Urge Prosecution of Alleged Oil Industry Collusion

WASHINGTON — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry.

May 30, 2024

Hyundai, Plus Team Up on Self-Driving Class 8 FCEV Truck

Hyundai Motor Co. and autonomous driving software specialist Plus unveiled what they say is the first Level 4 autonomous Class 8 hydrogen fuel cell electric truck in the U.S.

May 29, 2024

Focus on Tire Recycling Renews as BEV Numbers Swell

Retreading is a key instrument in a fleet manager’s cost management toolbox, but what happens after tires reach the end of their life span?

May 29, 2024

Tax Credit Lures Canada’s Largest Renewable Diesel Venture

Canada’s Alberta province has provided an Agri-Processing Investment Tax Credit to Imperial Oil Ltd. for a C$720 million project to build the nation’s largest renewable diesel facility. 

May 29, 2024

VTNA Launches Volvo on Demand for Class 8 VNR Electric

Volvo Trucks North America is launching a term-based program that offers fleets a way to sample how a Volvo VNR Electric model would work in their fleets.

May 29, 2024

ConocoPhillips to Buy Marathon Oil for $17.1 Billion

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

May 29, 2024