BP asked U.S. energy regulators to intervene in its fight with Venture Global LNG over liquefied natural gas cargoes, escalating a feud that’s roiled the market for the super-chilled fuel.
December 12, 2023Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Diesel Price Falls Below $4 for First Time Since July
The national average diesel price dropped below $4 a gallon for the first time in nearly five months after shedding 10.5 cents to $3.987, according to the Energy Information Administration.
December 11, 2023FTC Opens Inquiry of Chevron-Hess Merger
The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened recently of a major oil industry merger.
December 11, 2023House Panel Advances PIPES Act, Targeting Pipeline Safety
Legislation designed to boost safety and efficiency along pipeline systems to improve supply chain connectivity was approved Dec. 6 by a committee in the U.S. House of Representatives.
December 7, 2023Stellantis Petitions to Void California Emissions Agreement
Stellantis NV, owner of the Jeep and Ram brands, is petitioning against emissions standards adopted by California and 13 other states that it says give competitors unfair advantages.
December 7, 2023NTSB Calls for California Shipping Fix After 2021 Oil Spill
The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.
December 6, 2023Unprecedented US Exports Are Weighing on Global Crude Market
Exports of U.S. crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia.
December 6, 2023Global Fossil Fuels Emissions to Hit Record Peak in 2023
The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.
December 5, 2023Hydrogen Industry Raises Alarm Over Leaked Tax Credit Rules
A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.
December 5, 2023Diesel Price Falls to $4.092 in Sixth Consecutive Drop
The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.
December 4, 2023