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Colonial Pipeline Weighs Bids for Potential $10B Sale

The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.

October 29, 2024

Soybean Demand Drops as US Biofuel Tax Credit Stalls

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans because of uncertainty over U.S. biofuels policy.

October 29, 2024

Oil Prices Fall on Weak Global Demand

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.

October 29, 2024

Diesel Price Nudges Up 2¢ to $3.573 a Gallon

The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.

October 28, 2024

Biden Greenlights Lithium Mine in Race to Secure Supply

Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada has received its federal permit from the Bureau of Land Management, according to a company statement Oct. 24.

October 24, 2024

GM Sees Timing Issue as Canada Reduces EV Rebates

“Just as mandates and regulations start to bite, the timing is not necessarily lining up very well, in that the purchase incentive support comes off,” GM Canada's president said. 

October 24, 2024

Birla Carbon to Open $1B Graphite Plant in South Carolina

The company will build a 435,000-square-foot facility in Orangeburg County to launch next-generation synthetic graphite production operations.

October 23, 2024

Diesel Price Drops 7.8¢ to $3.553

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

October 21, 2024

PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout

The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.

October 17, 2024

Supreme Court Greenlights EPA’s Power Plant Emission Rules

Opponents, including trade groups and companies in the power and mining industries, were seeking to halt the rules while a legal challenge goes forward at a federal appeals court.

October 16, 2024