Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.
August 9, 2019Search
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Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says
New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.
August 8, 2019Trump’s Bid to Ease Auto Rules Would Hike Fuel Costs, Study Says
President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move.
August 7, 2019TravelCenters of America Reports Higher Net Income, Revenue as Fuel Sales Jump
TravelCenters of America Inc. reported net income of $1.21 million, or 15 cents per share, in the quarter ended June 30.
August 6, 2019Occidental Begins Bond Sale to Fund Anadarko Deal
Occidental Petroleum Corp. is selling bonds to help finance its $38 billion acquisition of Anadarko Petroleum Corp., as debt issuers show faith in the market rebound.
August 6, 2019Battery-Powered Ships Next Up in Battle to Tackle Emissions
Four Japanese companies have teamed to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and will operate in Tokyo Bay, according to a statement Aug. 6.
August 6, 2019Diesel Falls 0.2¢ to $3.032 a Gallon
The U.S. average retail price of diesel continued to drop Aug. 5, falling 0.2 cent to $3.032 a gallon, the Department of Energy reported July 29.
August 5, 2019Natural Gas Nears $2 Amid Work on Largest US Export Terminal
Natural gas futures slid toward $2 per million British thermal units, a level that hasn’t been breached in three years, as fading summer heat and maintenance on the largest U.S. export terminal leave the market struggling to absorb a barrage of supply from shale basins.
August 5, 2019Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil
U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays.
August 2, 2019Chevron Earnings Jump on Permian Output, Andarko Breakup Fee
Chevron Corp. posted strong production growth from the Permian Basin combined with a stabilization in its refining operations to beat earnings estimates in the second quarter.
August 2, 2019