Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.
January 8, 2021Search
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GM Changes Corporate Logo to Plug Its EV Strategy
General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.
January 8, 2021Ship Orders Slump 50% With Owners Unsure Which Fuel to Use
Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.
January 8, 2021New Geotab Division Helps Utilities Support EV Adoption
Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.
January 7, 2021BayoTech Receives More Equity Investment
BayoTech Inc., a developer of on-site hydrogen production systems, announced it received an equity investment of up to $157 million.
January 7, 2021For First Time in Five Years, US Gas Mileage Down, Emissions Up
A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years.
January 6, 2021US Imports No Saudi Crude Oil for First Time in 35 Years
The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.
January 6, 2021Exxon Reveals Petroleum Product Emissions Data for First Time
Exxon Mobil Corp. released emissions data on customers’ use of its petroleum products for the first time after coming under pressure from investors.
January 5, 2021Diesel Continues Upward Trend, Rises 0.5¢ to $2.640
The last days of 2020 and the first few of 2021 continued the same trend, with diesel prices rising nationwide.
January 4, 2021OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution
Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.
January 4, 2021