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US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020

Daimler to Pay $2.2 Billion to Settle US Diesel Issues

Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution.

August 13, 2020

Caltrans Turns to Recycled Bottles for Repaving Project

The California Department of Transportation is repaving a segment of a state highway using only recycled materials in a pilot project.

August 11, 2020

Diesel Increases 0.4¢ to $2.428 for First Increase in Four Weeks

The average price of diesel increased for the first time in four weeks, inching up four-tenths of a cent nationally to $2.428 per gallon on Aug. 10, according to the Energy Information Administration’s weekly report.

August 12, 2020

Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal

Hydrogen-powered vehicles could soon be more common on the streets of Australia’s biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.

August 10, 2020

Global EV Charging Stations Top 1 Million

The electric vehicle industry has quietly hit one of its biggest milestones to date, as the number of public charging plugs around the world ticks above the 1 million mark.

August 5, 2020

Average Price of Diesel Continues to Linger in $2.40s

Diesel fell for the third consecutive week, by three-tenths of a cent to $2.424 a gallon.

August 3, 2020

Oil Rises With Signs of Economic Recovery Buoying Demand

Oil rose the most in nearly two weeks as economic data from the U.S. to Europe and Asia signaled a flicker of life in languishing demand.

August 3, 2020

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020