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EPA has yet to announce a timeline for the reconsideration of the GHG standards or re-evaluation of the NOx rule. Rulemakings typically take two or three years to formulate.

Hyundai celebrated the opening of its new $7.6 billion EV factory in Georgia by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year.

Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks inherent in pursuing a major deal.

Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year.

Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas.

Daimler Truck’s heavy-duty hydrogen fuel cell electric truck ambitions took another step forward in recent weeks, as testing of the prototype Mercedes-Benz GenH2 Truck ramped up.

Diesel’s national average price ticked up 1.8 cents to $3.567, according to U.S. Energy Information Administration data released March 24.

The Trump administration extended Chevron’s deadline through May 27 to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant.

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.