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Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output

Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.

December 12, 2018

House Panel Examines Draft Legislation for Ethanol Mandates

WASHINGTON — With the current session of Congress quickly coming to a close, the top policymaker on environmental issues in the U.S. House made sure new draft legislation on ethanol mandates he co-authored would see the light of day.

December 12, 2018

Volvo Trucks to Introduce All-Electric Version of VNR Model

WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.

December 11, 2018

US Holds Steady on Outlook for Domestic Oil Production Rising Despite Lower Prices

The U.S. government left its forecast for domestic crude production unchanged for 2019 even with prices averaging almost $11 a barrel lower than its previous estimate.

December 11, 2018

Quarles Petroleum Acquires Revere Gas

Virginia-headquartered Quarles Petroleum, a regional provider of residential and commercial fuel, has acquired Revere Gas, another Virginia-based retail propane gas distributor, according to a Dec. 4 press release.

December 11, 2018

Diesel Drops 4.6¢ to $3.161 a Gallon in Eighth Straight Weekly Decline

The U.S. average retail price of diesel dropped 4.6 cents to $3.161 a gallon, the U.S. Energy Information Administration reported Dec. 10, as crude oil prices dropped near $50 a barrel.

December 10, 2018

Renewable Energy Group Names Cynthia Warner President, CEO

Cynthia Warner has been named president and CEO of Renewable Energy Group Inc., a producer of biomass-based diesel and renewable chemicals, effective Jan. 14 when she will also join its board.

December 10, 2018

Solar Power Installation by Trillium Prepares the Way for EV Charging

Trillium announced it has completed its first solar installation at the Love’s Travel Stop in Santa Nella, Calif., that is expected to offset 53% of the travel stop’s energy consumption and support an electric vehicle charging station there.

December 10, 2018

Louisiana Offshore Port Ships Most Oil Ever on Supertankers

The Louisiana Offshore Oil Port is pushing out the most crude it’s shipped in any one month since the terminal began supertanker exports in February.

December 10, 2018

Congress Should Raise Fuel Tax for Infrastructure Projects, New Report Recommends

Federal policymakers should raise and index federal fuel taxes to address immediate funding needs for the vast network of infrastructure projects and transportation corridors nationwide, recommended authors of a National Academies of Sciences, Engineering and Medicine report published Dec. 6.

December 6, 2018