John Hess is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.
May 23, 2024Search
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Pilot’s Wright: Companies Must Lead Sustainability Movement
LAS VEGAS — To provide a better understanding of the drive for innovation of alternative fuels and electrification, Pilot CEO Adam Wright told a story of his family vacation at a water park.
May 24, 2024Big Oil Investigation Sent to Justice Department by Dems
Democrats are asking the Department of Justice to investigate major oil companies and their trade groups following a congressional probe.
May 22, 2024Electrification Has Its Challenges, J.B. Hunt’s Simpson Says
LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.
May 22, 2024US Puts Its 1 Million-Barrel Gasoline Reserve Up for Sale
The Biden administration is putting its cache of 1 million barrels of gasoline on the market, after being ordered to liquidate the reserve by Congress.
May 21, 2024Alm: Heavy-Duty EV Adoption Must Include Carbon Pricing
LAS VEGAS — Expediting adoption of heavy-duty battery-electric trucks is a multifactor conundrum, but the answer must include a price on carbon dioxide emissions, Volvo Trucks' Alm says.
May 21, 2024Hino, Hexagon Purus Launch Class 8 Battery-Electric Truck
LAS VEGAS — Hino Trucks and Hexagon Purus launched a Class 8 battery-electric truck known as the Tern RC8 on May 20, with serial production set to begin in the fourth quarter.
May 21, 2024Tesla’s Priestley to EV Fleets: Now Is the Time to Scale
LAS VEGAS — In a rare trade show appearance for the company, the head of Tesla’s heavy-duty truck program stressed that electric truck technology is ready for prime time.
May 21, 2024Diesel Price Drops 5.9¢ to Hit $3.789 a Gallon
The national average diesel price continued to slide, shedding 5.9 cents to reach $3.789 a gallon, according to Energy Information Administration data released May 20.
May 20, 2024Fuel Cell Maker Symbio Unveils Class 8 FCEV Demonstrator
Hydrogen fuel cell manufacturer Symbio, backed by three auto industry heavyweights, unwrapped a Class 8 tractor equipped with its powertrain.
May 20, 2024