TEHRAN, Iran — Iran on Aug. 26 announced that the 2.1 million barrels of crude aboard an Iranian oil tanker pursued by the United States have been sold to an unnamed buyer as the ship, at the center of a crisis roiling the region, continued its voyage in the Mediterranean Sea.
August 26, 2019Search
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Trump Orders Biofuel Boost in Bid to Temper Farm State Anger
President Donald Trump, seeking to tamp down political fallout in U.S. farm states essential to his re-election, has ordered federal agencies to shift course on relieving some oil refineries of requirements to use biofuel such as corn-based ethanol.
August 23, 2019Keystone XL Clears Hurdle as Nebraska Court Approves Route
TC Energy Corp.’s long-delayed Keystone XL oil pipeline cleared a significant legal hurdle as the Nebraska Supreme Court ruled that regulators’ approval of the conduit’s route through the state was valid.
August 23, 2019Wisconsin Utility Offers Cash for Electric Vehicle Drivers Who Join Lyft
MADISON, Wis. — Madison Gas & Electric is partnering with Lyft to promote the use of electric vehicles.
August 22, 2019First Electric Freightliner eCascadia Models Enter Freight Operations at NFI, Penske
YOUNTVILLE, Calif. — Daimler Trucks North America has handed over its first two battery-electric Freightliner eCascadia models to NFI and Penske Truck Leasing for use in their daily freight operations.
August 22, 2019San Diego Rolls Out $107.4 Million for Large Vehicle Charging Stations
The California Public Utilities Commission has approved a program that will see San Diego Gas & Electric build 3,000 electric vehicle charging stations for medium- and heavy-duty vehicles including school buses, delivery trucks and forklifts, and SDG&E customers will be the ones to pay for it.
August 20, 2019Oil Steadies as US-China Trade Progress Allays Demand Concerns
Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.
August 20, 2019Diesel Falls 1.7¢ to $2.994 in Sixth Consecutive Decline
The U.S. average retail price of diesel dropped 1.7 cents to $2.994 a gallon, the Department of Energy reported Aug. 19. Crude oil prices lifted moderately to pass $56 a barrel as U.S.-China trade tensions eased somewhat, while a drone attack on an oil field in Saudi Arabia rekindled concerns over the oil supply chain.
August 19, 2019Race Is on to Build Offshore Oil Export Terminals
A glut of oil is headed to the Gulf Coast. That development is triggering a race among a growing number of entrants to build deepwater crude export terminals in the Gulf of Mexico to ship most of that oil to foreign markets.
August 16, 2019Colorado Revs Toward an Electric Car Future
Faced with more people driving Colorado’s increasingly clogged roads and fouling air that’s flunking federal standards, state health officials this week embraced an alternative vision — that hundreds of thousands of drivers soon, if given options, will shift to zippier electric vehicles that don’t pollute and roll 300 miles on a charge.
August 15, 2019