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

Exxon CEO Eyes Money-Making Potential of Low-Carbon World

ExxonMobil Corp. sees multiple money-making opportunities in a low-emissions world and is targeting partnerships with venture funds to help finance growth in its carbon capture business, CEO Darren Woods said.

March 4, 2021
GovernmentBusinessFuel

Workhorse Sees ‘Prolonged Process’ to Challenge USPS Action

Workhorse Group Inc. said March 4 it sees a “prolonged process†as it attempts to challenge the loss of a massive U.S. Postal Service contract to build the agency’s next-generation fleet of delivery trucks.

March 4, 2021
BusinessTechnologyEquipmentFuel

GM Looks for Location for Second US Battery Factory

General Motors is looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea.

March 4, 2021
GovernmentBusinessTechnologyEquipmentFuelTop 100

FedEx Sets Plan for Carbon-Neutral Operations by 2040

FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.

March 3, 2021
BusinessFuelAutonomousTCA

Minnesota Proposal Would Tax Electricity as Fuel

As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.

March 3, 2021
GovernmentBusinessFuel

Granholm Says Oil Industry Must Embrace Green Transition

Jennifer Granholm used her first speech as U.S. energy secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while offering them an opportunity to partner with the new administration.

March 3, 2021
BusinessTechnologyFuelAutonomous

VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says

A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.

March 3, 2021
GovernmentBusinessFuel

Jigar Shah to Run Energy Loan Office

The U.S. Energy Department has appointed Jigar Shah, a clean-power pioneer who helped bring solar into the mainstream, to run the loan-program unit that backed Tesla Inc. and failed solar manufacturer Solyndra.

March 3, 2021
GovernmentBusinessFuel

American Petroleum Institute Mulls Embrace of Carbon Pricing

The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry’s top trade group.

March 2, 2021
GovernmentBusinessFuel

Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

March 2, 2021