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EPA Allows Summer Sales of Higher-Ethanol E15 Gasoline

The Biden administration is using emergency powers to authorize widespread sales of higher-ethanol E15 gasoline this summer, following a strategy it employed the previous two years.

April 19, 2024

Tesla Co-Founder J.B. Straubel Built an EV Battery Colossus

Redwood Materials, started by Tesla co-founder J.B. Straubel, is attempting to create a domestic loop using recycled critical metals for lithium-ion batteries.

April 19, 2024

A Weakening Diesel Market Is Becoming a Problem for Oil

The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.

April 18, 2024

US Has a Fast EV-Charging Station for Every 15 Gas Stations

Automakers may be pumping the brakes on EV production in the U.S., but charging challenges — traditionally a major hurdle to adoption — are vanishing at a rapid clip.

April 18, 2024

US Reimposes Oil Sanctions on Venezuela

MIAMI — The Biden administration on April 17 reimposed crushing oil sanctions on Venezuela.

April 18, 2024

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela if Nicolas Maduro’s regime does not take steps to honor an agreement to allow a fairer vote in elections.

April 17, 2024

Nissan Says It Will Make Next-Gen EV Batteries by 2029

YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.

April 16, 2024

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

April 15, 2024

Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

April 15, 2024

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

April 12, 2024