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Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

WASHINGTON — House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change.

The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.

A train hauling ethanol and corn syrup derailed and caught fire in Minnesota early March 30, and nearby residents were ordered to evacuate their homes, authorities said.

President Joe Biden has made proliferation of electric vehicles a focus of his administration, with the commercial transportation industry playing a key role.

If electric vehicle company Nikola can get its hydrogen fuel cell trucks and filling station network operable, the company could pull in hundreds of millions a year from federal incentives.

Electric truck market growth is poised to accelerate even as infrastructure constraints hinder that trajectory, according to experts.