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Exxon in Talks to Buy Pioneer

Exxon Mobil Corp. is in talks to acquire Pioneer Natural Resources Co., according to a person familiar with the matter, nearing its largest takeover in more than two decades.

October 6, 2023

In the Race to Electrification, Buses Are Leading the Pack

All over the world, buses are quickly and quietly going electric.

October 6, 2023

Big Automakers: Future Fuel Economy Rules Unfairly Target Us

General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.

October 2, 2023

Diesel Price Nudges Up 0.7¢ a Gallon to $4.593

The national average diesel price nudged up seven-tenths of a cent to reach $4.593 a gallon, according to Energy Information Administration data released Oct. 2.

October 2, 2023

Plunging US Oil Supply Is Driving Up Prices Around the World

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.

September 29, 2023

Biden Plans Three Auctions of Offshore Drilling Rights

The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.

September 29, 2023

Hyzon to Pay $25 Million Fine After Settling With SEC

Hyzon Motors will pay a $25 million fine to the U.S. Securities and Exchange Commission after an investigation, the Class 8 hydrogen-powered truck manufacturer said.

September 28, 2023

Carter Express Helps Nestlé Go Green With EV Yard Tractors

Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.

September 27, 2023

Diesel Price Drops 4.7¢ to $4.586 a Gallon

The national average diesel price paused from its recent surge, falling back 4.7 cents to settle at $4.586 a gallon, according to Energy Information Administration data released Sept. 25.

September 25, 2023

EPA’s Own Scientists Warn Ethanol Might Not Be Green Enough

The U.S. government’s own scientists on Sept. 21 questioned whether corn-based ethanol is better for the environment than traditional petroleum-based fuels.

September 21, 2023