A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.
August 12, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Oil Refiners in US Slow Down, Stoking Global Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.
August 12, 2024EPA Probes Biodiesel Supply Chains as Fraud Concerns Mount
The Biden administration is following the paper trails of some biodiesel producers amid heightened concern the fuels are at times being made with deceptive ingredients, violating federal law.
August 7, 2024Senate Republicans Ramp Up EV Resistance
Before leaving Washington for a six-week summer break, senior Senate Republicans again pushed back on the White House’s electric vehicle agenda.
August 7, 2024Diesel Price Slips 1.3¢ to $3.755
Diesel’s national average price has decreased for the past four weeks, totaling 11 cents.
August 5, 2024British Columbia Investing in Hydrogen Hub on Highway 16
Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.
August 2, 2024OPEC Kept Oil Output Steady in July
OPEC kept oil production broadly steady in July while it cautiously monitors the impact of its latest cutbacks on global markets.
August 2, 2024US Trucking Embraces Renewable Diesel for Cleaner Operations
Renewable diesel as a drop-in fuel for diesel combustion engines is starting to gain traction in the U.S. trucking industry, said suppliers, distributors and federal energy researchers.
August 2, 2024Chevron to Quit California for Texas After Warning on Rules
Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.
August 2, 2024Chevron, Hess Merger Faces Long Delay
Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.
August 1, 2024