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.

GovernmentFuel

Diesel Price Bumps Up 1.2¢ to $3.677 a Gallon

The national average diesel price crept up 1.2 cents to $3.677 a gallon, according to U.S. Energy Information Administration data Feb. 18.

February 18, 2025
BusinessFuel

BP Weighs $10 Billion Sale of Castrol Lubricants Unit

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

February 18, 2025
BusinessFuel

Brazil to Join OPEC+

Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.

February 18, 2025
GovernmentBusinessFuelLogistics

Duffy Says Texas GulfLink Oil Port Will Move Forward

“[The port] was held up for five years, and it was stonewalled. Bureaucrats got in the way, and now we are moving forward with that," DOT Secretary Sean Duffy told reporters Feb. 14.

February 14, 2025
GovernmentBusinessFuel

Trump’s Energy Council Looks to Fast-Track Oil Projects

“We have more energy than any other country and now we are unleashing it,” President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.

February 14, 2025
GovernmentBusinessTechnologyEquipmentFuel

ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

February 14, 2025
BusinessFuel

Chevron Plans to Cut Up to 20% of Workers in Efficiency Push

Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of efforts to reduce costs at the U.S. oil major.

February 12, 2025
GovernmentBusinessTechnologyFuelLogistics

Canada Gives Halifax Port C$25 Million for Green Initiatives

Canada has granted C$25 million to the Halifax Port Authority for sustainable environmental infrastructure and establish a hydrogen production facility.

February 12, 2025
GovernmentBusinessTechnologyFuelTCA

Ohio’s EV Charger Expansion Stalls After Federal Freeze

It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.

February 11, 2025
GovernmentBusinessTechnologyEquipmentFuel

GM and Ford Lobby to Save EV Tax Incentives

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

February 11, 2025