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.

BusinessFuel

Shell Doubled Oil-Trading Profit to $2.6 Billion Last Year

Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.

March 12, 2021
BusinessTechnologyFuelAutonomous

Tesla Shares Drop After Fire at EV Maker’s California Plant

Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.

March 12, 2021
GovernmentBusinessEquipmentFuel

DeJoy Embraces Electric Trucks Despite USPS Contract Award

Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

March 11, 2021
GovernmentBusinessFuel

Biden Is Betting His Whole Climate Agenda on Infrastructure

Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of COVID-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President Biden signed into law March 11, however, does little in the way of fulfilling that pledge.

March 11, 2021
BusinessTechnologyEquipmentFuel

LG to Invest $4.5 Billion to Expand Battery Capacity in US

LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.

March 11, 2021
BusinessTechnologyEquipmentFuelTop 50Top 100

Trucking Industry Making Strides Toward Electrification

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

March 11, 2021
BusinessTechnologyFuel

Clean Energy Fuels, BP Create JV for RNG Fuel Production

Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.

March 11, 2021
GovernmentBusinessTechnologyEquipmentFuel

Oshkosh Acknowledged Weakness on EVs Before Win in Postal Deal

Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.

March 10, 2021
GovernmentBusinessTechnologyEquipmentSafetyFuel

Biden Executive Order Calls on Agencies to Prioritize 'Environmental Justice'

A sweeping executive order from President Joe Biden calls for a review of all Trump-era environmental regulations with a focus on the issue of “environmental justice,†an effort to cut greenhouse gas emissions in low-income and minority communities across the United States that, in many cases, are located near where heavy trucks operate.

March 9, 2021
GovernmentBusinessFuel

Giant Oil Tankers Are Losing Almost $7,000 a Day Amid OPEC Cuts

Times are getting tougher by the day for oil tanker owners.

March 9, 2021