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Ford, Redwood to Partner on Recycling EV Battery Materials

Redwood Materials Inc., the startup founded by Tesla alum J.B. Straubel, has formed a partnership with Ford Motor Co. to recycle and reuse key ingredients within the lithium-ion batteries that will power the automaker’s burgeoning fleet of electric vehicles.

September 22, 2021

OPEC+ Can Proceed With Reviving Supply, Key Members Say

OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.

September 21, 2021

ConocoPhillips Says Shell Deal Cuts Emissions Per Barrel of Oil

ConocoPhillips’ $9.5 billion deal to buy shale assets from Royal Dutch Shell Plc will boost oil production and, inevitably, greenhouse gas emissions as well. Yet the company says the pact will actually allow it to reach one of its climate goals faster.

September 21, 2021

August Truck Tonnage Posts First Monthly Gain Since March

Truck tonnage in August notched its first sequential monthly gain in five months, and dipped just slightly on a year-over-year basis, American Trucking Associations said.

September 21, 2021

Diesel Rises 1.3¢ to $3.385 a Gallon

The national average price of diesel increased 1.3 cents to $3.385 a gallon one week after remaining virtually unchanged, according to Energy Information Administration data released Sept. 20.

September 20, 2021

GM Says Production Starts on Replacement Batteries for Bolts

General Motors said Sept. 20 that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October.

September 20, 2021

Shell’s Storm Damage Pinches One-Sixth of Gulf Oil

Royal Dutch Shell Plc warned that production from two of its largest Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.”

September 20, 2021

Kruger Energy Adds First Peterbilt 579EV Models in Canada

Kruger Energy announced it purchased two Class 8 Model 579EV trucks from Peterbilt Motors Co., marking the first of the vehicles the truck maker has sold in Canada.

September 17, 2021

Embark, HP Introduce EV Drayage Within Autonomous Truck Operations

Embark Trucks Inc., developer of self-driving software for the trucking industry, has partnered with HP Inc. to combine electric and autonomous truck technology, the companies announced Sept. 14.

September 17, 2021

Democrats Call Oil Giants to Testify on Climate Campaign

Congressional Democrats are calling top executives at ExxonMobil and other oil giants to testify at a House hearing as lawmakers investigate what they say is a long-running, industrywide campaign to spread disinformation about the role of fossil fuels in causing global warming.

September 16, 2021