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 Profit Plummets With Plenty of Oil to Go Around

IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

November 1, 2019
GovernmentBusinessFuel

Keystone Pipeline Shutdown Raises Costs for US Gulf Refiners

The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.

October 31, 2019
GovernmentBusinessFuel

‘Canada’ Is Becoming a Dirty Word in the Oil Patch

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

October 31, 2019
BusinessFuel

Marathon Petroleum Bows to Activist Push With Spinoff, CEO Exit

Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its chairman and chief executive officer, just five weeks after activist investor Elliott Management Corp. went public with demands for a radical overhaul of the company.

October 31, 2019
GovernmentBusinessFuel

Trump Push for Corn-Heavy Fuel Isn’t Reaching the Pump

President Donald Trump’s effort to boost corn demand by allowing year-round sales of ethanol-blended gasoline has run into a logistical problem. Few stations offer it.

October 31, 2019
BusinessTechnologyEquipmentFuelAutonomous

Volvo Group CEO Martin Lundstedt Outlines Time of Transition for Trucking

ATLANTA — Volvo Group CEO Martin Lundstedt said the commercial vehicle industry has entered a time of transition with the rise of electric-powered trucks, automated driving technology and connected vehicles.

October 31, 2019
GovernmentBusinessFuelLogistics

Alberta Loosens Oil Output Limits With Railroad Allowances

Alberta took a step toward easing the pain of its crude-production caps by allowing oil companies to exceed output limits if they ship the extra production by rail.

October 31, 2019
BusinessEquipmentSafetyFuel

Donaldson Announces Air Filter Test Results, GeoTab Contract

ATLANTA — Donaldson Co. said recent tests show the Donaldson PowerCore filters can save fleets up to $215 per truck per year, because the filters provide 27% less restriction.

October 31, 2019
BusinessTechnologyEquipmentFuel

Rocketail Tweaks Aerodynamic Trailer Wings With Hinge

ATLANTA — Rocketail announced it will be making its two side wings, attached to improve a trailer’s aerodynamic flow, flexible upon contact.

October 31, 2019
BusinessEquipmentFuelLogisticsTop 100

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

October 30, 2019