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Truck OEMs Score Win Over CARB in Clean Trucks Lawsuit

Daimler Truck North America, Paccar, Volvo Group North America and International Motors argued that the CTP violates the Clean Air Act and the Supremacy Clause of the U.S. Constitution.

November 4, 2025

Saudi Aramco Beats Expectations With $26.9 Billion Profit

Aramco's results serve as a bellwether for the wider oil industry, which is still digesting the OPEC+ decision to halt planned production increases in Q1 of next year over supply worries.

November 4, 2025

BP Profit Signals Turnaround Is Gathering Pace

The British energy giant posted adjusted third-quarter net income of $2.21 billion, higher than the average analyst estimate of $1.98 billion. Its quarterly share buyback plan was maintained.

November 4, 2025

Electric Plane Maker Beta Raises $1 Billion in IPO

Investors are warming to Beta Technologies' initial public offering as the electric aircraft developer and its peers look to distance themselves from unhappy associations with the 2021 blank-check company boom and bust.

November 3, 2025

Eaton to Buy Boyd Thermal for $9.5B in Data Center Play

The acquisition gives Eaton a portfolio of thermal-management products designed to control excess heat from data centers or in other applications across the industrial and aerospace sectors.

November 3, 2025

Exxon, Chevron Surpass Estimates With Production Increases

Exxon’s adjusted Q3 profit per share was 7 cents higher than analysts forecast, while Chevron posted an almost 20-cent surprise on Oct. 31. For Exxon, it was the sixth consecutive beat.

October 31, 2025

Clean Energy Expands RNG Supply With Major Fleet Contracts

Clean Energy Fuels is accelerating its renewable natural gas growth, signing new fueling agreements with major trucking and waste-hauling fleets across the country.

October 30, 2025

California Sues OEMs Over Clean Truck Partnership

State Attorney General Rob Bonta argued that Daimler Truck North America, International Motors, Paccar and Volvo Group North America are violating the terms of a contract signed in 2023 with CARB.

October 30, 2025

GM Slashes EV Workforce After Trump Ends Tax Breaks

The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.

October 29, 2025

Oil Giants Join OPEC in Boosting Production as Crude Tumbles

Exxon Mobil, Chevron, Shell, BP and TotalEnergies will likely grow output 4.7% in 2026. The increases appear designed to capitalize on an expected oil price upturn in the latter half of 2026.

October 29, 2025