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, Technology, Equipment, Fuel

Five States Seek CARB Delays When Regs Take Effect in 2025

Truckers and legislators in half of the 10 states that automatically adopted California’s Advanced Clean Trucks regulation are trying to put the brakes on before the 2025 rules take effect.

November 14, 2024
Government, Business, Fuel

Global Oil Market Faces a Million-Barrel Glut Next Year

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the International Energy Agency said.

November 14, 2024
Business, Fuel

Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026

Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.

November 13, 2024
Government, Business, Technology, Fuel

Trump’s EPA Pick Draws Praise, Pushback Over Climate Policy

During his nearly 10-year tenure on Capitol Hill, Lee Zeldin pushed back on the progressive policy proposal known as the Green New Deal.

November 13, 2024
Business, Technology, Equipment, Fuel

Westport Q3 Loss Narrows as Cespira JV Ramps Up

Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.

November 13, 2024
Business, Technology, Equipment, Fuel

Hyzon Q3 Loss Narrows; Hunt for Funding, Tie-Ups Accelerates

Losses at Hyzon narrowed in the third quarter of 2024, but the hydrogen fuel cell electric truck maker’s cash reserves continue to erode rapidly.

November 13, 2024
Government, Business, Technology, Fuel, Logistics

Canadian Grant to Electrify Cargo Docks at Port of Quebec

The grant is from Canada’s Green Shipping Corridor Program, which funds low- and zero-emission shipping ventures along with port and terminal equipment and infrastructure.

November 13, 2024
Government, Business, Fuel

Fuel Groups Warn of Price Hikes Without Tax Credit Certainty

More than 30 trade groups across the energy, farming and transport sectors say a lack of U.S. government guidance on tax credits is putting Americans at risk of higher fuel prices.

November 13, 2024
Business, Technology, Fuel

Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million

Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

November 12, 2024
Government, Fuel

Diesel Price Dips 1.5¢ to $3.521

Diesel prices across the U.S. averaged $3.521 per gallon for the week ending Nov. 11, a 1.5-cent decline from the previous week, according to the U.S. Energy Information Administration.

November 12, 2024