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Exxon Profit Misses Estimates as Natural Gas, Refining Slip

Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit amid weaker natural gas prices and shrinking returns from fuel sales.

July 28, 2023

Lordstown Ordered to Face Trial Despite Bankruptcy

A Delaware judge permitted vehicle maker Karma Automotive to move forward with an upcoming trial in California against Lordstown Motors Corp. despite Lordstown's filing for bankruptcy.

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July 27, 2023

Jet Engine Wind Powers EVs in Dallas Airport Test

The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.

July 27, 2023

Shell Earnings Top $5 Billion in Q2

LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.

July 27, 2023

Several States Alter Fuel Tax Structures

Higher gasoline and diesel taxes hit the pumps in several states starting July 1, while new laws also took effect to raise revenue from the sale of alternative fuels.

July 26, 2023

Seven Automakers Unite to Build EV Charging Network

Seven major automakers are joining forces to build an electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in North America.

July 26, 2023

Rural States, Groups Tell EPA of Emissions Proposal Concerns

Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.

July 24, 2023

Nikola Sells Arizona Hydrogen Production Project to Partner

Truck maker Nikola agreed to sell its Phoenix Hydrogen Hub project to partner Fortescue Future Industries for $24 million, the companies said.

July 21, 2023

Volvo Signs Fuel System JV Deal With Canada’s Westport

Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.

July 21, 2023

25 States Send EPA a Letter Opposing Emissions Proposal

Kentucky and West Virginia are leading a 25-state coalition in challenging emissions regulations proposed by the Biden administration.

July 20, 2023