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ConocoPhillips Nears $1.3 Billion Sale of Oklahoma Assets

ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.

July 22, 2025

Nevoya Raises $9.3 Million in Backing for Expansion Plans

California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

July 22, 2025

Americans, Not Exporters, Eat Rising Tariff Costs

“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,†George Saravelos, global head of FX research at Deutsche Bank.

July 22, 2025

Pure Lithium Shifts Battery Production to Chicago

Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

July 22, 2025

Diesel Stockpiles at Lowest Levels Since 1996

In the middle of the U.S. summer driving season, diesel is knocking gasoline off its perch as the hot fuel bet and has become one bright spot in an oil market bracing for a glut this year.

July 21, 2025

BP Names Albert Manifold New Chairman

BP appointed former CRH CEO Albert Manifold as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from shareholder Elliott Investment Management.

July 21, 2025

Optimizing Your Fleet’s Tractor Life Cycle

"Keep, trade or sell.†That’s the age-old question that often keeps fleet managers and executives up at night when it comes to vehicle acquisition. Sound familiar?

July 18, 2025

Chevron Gets Approval for $53 Billion Acquisition of Hess

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

July 18, 2025

Battery Material Maker Stocks Jump as US Eyes 93% China Duty

Battery material makers’ stocks climbed as the U.S. set to impose preliminary antidumping duties of 93.5% on graphite imports from China.

July 18, 2025

US to Impose 93.5% Tariff on Graphite From China

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

July 17, 2025