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Germany’s ruling coalition confirmed it will extend a tax exemption for new EVs as part of a broader effort to support the nation’s key car industry in the transition to more climate-friendly technologies.

The alliance has been raising output slightly in a series of boosts all year, after announcing cuts in 2023 and 2024.

OPEC+ nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said.

Chevron Corp.’s El Segundo refinery in Los Angeles County has extinguished a fire that broke out the night of Oct. 2 and shut multiple units.

Car companies are stepping in to preserve discounts and smooth the sell-down of existing EV inventory after the federal EV subsidy phased out Sept. 30.

Wex is teaming up with Trucker Path to give Wex Electronic Funds Source customers discounted access to a truck-safe navigation app designed to make fleet operations safer and more efficient.

The EPA proposal published Sept. 30 applies to everything from residential air conditioning to retail food refrigeration and semiconductor manufacturing.

But work on some renewable energy projects will halt.

As the trucking industry moves toward the next generation of diesel engines, the introduction of new oils designed to further enhance fuel efficiency also is on the horizon.

The elimination of a $7,500 consumer tax credit and softening of emissions rules by the Trump administration will sharply curtail EV demand in the U.S., Jim Farley said.