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Schumer Wants FTC to Examine Exxon, Chevron Acquisitions

Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.

November 1, 2023

Ports Consider Digitization Strategies to Track Cargo

AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.

October 26, 2023

EV Battery-Recycling Pioneer Li-Cycle Pauses Construction

Li-Cycle Holdings Corp., which is in line for $375 million in federal funding, announced it would pause construction on a first-of-its-kind lithium-ion-battery recycling plant.

October 23, 2023

Diesel Price Rises 10.1¢ to $4.545 a Gallon

The national average price for a gallon of diesel climbed 10.1 cents to $4.545 a gallon after a recent downswing, according to Energy Information Administration data released Oct. 23.

October 23, 2023

Middle East Crisis Could Disrupt Oil Supplies, Raise Prices

WASHINGTON — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. 

October 20, 2023

Ford Says Strict Fuel Rules Will Cost It $1 Billion in Fines

Ford Motor Co. says it would face $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers.

October 18, 2023

Phoenix Hydrogen Hub Takes a Step Forward With Plug Power

Fortescue Future Industries’ Phoenix Hydrogen Hub in Arizona moved another step closer to fruition after it inked a memorandum of understanding with Plug Power for equipment.

October 17, 2023

Hydrogen Hubs Face Complex Timeline to Final Production

Seven regional hydrogen hubs that received the administration’s OK face up to 12 years before achieving commercial output no later than 2035, according to a Department of Energy timeline.

October 16, 2023

Diesel Price Falls 5.4¢ to $4.444 a Gallon

The national average diesel price dropped by 5.4 cents a gallon over the past week to reach $4.444 a gallon, according to data released Oct. 16 by the Energy Information Administration.

October 16, 2023