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Fears of Second Virus Wave Fizzle Oil Market

Oil fell again as a fresh coronavirus outbreak in China, and increases in cases elsewhere, spurred concerns that a second wave of the virus will derail a nascent economic recovery.

June 15, 2020

Texas Oil-Export Terminals Start Up Even as Shipments Tumble

Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for U.S. crude.

June 12, 2020

Oil Set for First Weekly Drop Since April on Second-Wave Fears

Oil is heading for its first weekly loss since April, when prices collapsed below zero.

June 12, 2020

Nikola’s Trevor Milton Has $7.4 Billion Fortune on Free Truck Orders

The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry.

June 12, 2020

German Government Agrees on National Hydrogen Strategy

The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.

June 10, 2020

Tesla’s Elon Musk: ‘Time to Go All Out’ on Semi Production

CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out†and put Tesla’s Semi into volume production.

June 10, 2020

US Emissions Set for Record Dive With Factories and Cars Idled

Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.

June 9, 2020

CHBC Names Bill Zobel Executive Director

The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director.

June 9, 2020

US Targets Sanctions for Iran-Venezuela Oil Tanker Trade

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.

June 9, 2020

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

June 9, 2020