Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Business, Fuel

Diesel Surges 6.3¢ for Biggest Weekly Rise Since 2019

The nationwide average price of diesel fuel increased by 6.3 cents per gallon to $2.801, marking the 14th straight week with a gain and the largest rise in nearly 17 months, according to U.S. Energy Information Administration data released Feb. 8.

February 8, 2021
Business, Fuel

BP Swaps High Returns for a Cleaner Future With Unproven Profits

One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.

February 8, 2021
Business, Technology, Equipment, Fuel

Daimler Restructuring ‘Dream Come True,’ Martin Daum Says

The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.

February 8, 2021
Government, Business, Fuel

Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel

Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.

February 5, 2021
Government, Business, Technology, Equipment, Fuel

California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says

California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.

February 3, 2021
Business, Technology, Fuel

Volvo Group Posts Higher Q4 Net Income

Volvo Group reported fourth-quarter net income rose amid a surge in North American truck orders, but revenue slipped.

February 3, 2021
Business, Technology, Fuel, Autonomous, TCA

GM’s BrightDrop to Make EV600s for Merchants Fleet

DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.

February 3, 2021
Business, Technology, Fuel, Logistics, Autonomous

Amazon Starts Road Testing Rivian Electric Vans in Los Angeles

Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

February 3, 2021
Business, Technology, Fuel, Autonomous

EV Startup REE Plans Merger With 10X Capital SPAC

REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.

February 3, 2021
Government, Business, Fuel

Oil Jumps to One-Year High on Depleting Supplies

Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.

February 2, 2021