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Exxon to Close Pioneer Deal

The FTC declined to challenge Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources but asserted that Scott Sheffield must not take a seat on the supermajor’s board.

May 2, 2024

Tesla Axes Supercharger Team in Blow to Broader EV Market

Tesla eliminated almost its entire Supercharger organization, which has built a network of public charging stations that virtually every major automaker is in the process of tapping into.

May 1, 2024

New Montana I-90 Rest Area Adds 35 Truck Parking Spots

Montana is progressing on plans to provide more truck parking along its busiest freight route on Interstate 90.

April 30, 2024

Air Products Plans Alberta Hydrogen Truck Refueling Network

Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.

April 30, 2024

Diesel Price Continues Downward Push

The national average diesel price continued to go lower, dropping 4.5 cents to reach $3.947 a gallon, according to Energy Information Administration data released April 29.

May 1, 2024

Finnish Fuel Maker Neste Starts CEO Search as Lehmus to Exit

Neste Oyj, a Finnish maker of renewable diesel, will begin a search for a new CEO, as Matti Lehmus stepped down after just two years in the role.

April 29, 2024

Oil Producers Flush With Cash Cut Reliance on Funding Markets

Last year, the demand for loans from fossil fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.

April 29, 2024

Commercial Hydrogen Fueling Station to Open in California

OAKLAND, Calif. — FirstElement Fuel will open what it is calling the world’s first heavy-duty high-flow hydrogen fueling facility to the public in May. 

April 26, 2024

Exxon, Chevron Fall as First-Quarter Earnings Miss Estimates

Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.

April 26, 2024

Liquid Hydrogen Fast-Fill Pumps Promise Speedy Fueling Times

OAKLAND, Calif. — Hydrogen fuel cell technology holds significant promise for over-the-road trucking applications, but refueling with hydrogen can be complex, experts said at an event.

April 25, 2024