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BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.

Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of CEO Mike Wirth’s four-year tenure.

Exxon Mobil Corp. reached a final investment decision on expanding a carbon-capture facility at LaBarge in Wyoming with the $400 million endeavor expected to start up by 2025.

Northvolt AB plans to convert a closed paper mill in Sweden into a new battery materials factory, adding a third production facility in the Nordic country to supply demand fueled by the growing electrification of transport.

CHEYENNE, Wyo. — Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Feb. 24.

Hyliion Holdings Corp. reported a fourth-quarter net loss and modest first-time revenue as its work on providing electrified powertrains for Class 8 trucks continued.

American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.

Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.

SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.

Nikola Corp. named Michael Lohscheller president of Nikola Motor with the aim of scaling its global heavy-duty truck business.