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The U.S. reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit.

The existing port — which is 5 miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.

The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing.

Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.

Prime Minister Justin Trudeau said Canada “will respond” if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.

North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.

The U.S. government is considering whether to provide a loan of up to $550 million to help developing a nickel and cobalt mine in Brazil’s Northeast.

The Biden administration plans to sell drilling rights in the Arctic National Wildlife Refuge, a last-minute maneuver that could complicate the incoming administration’s plans.

MIDDLETOWN, Conn. — The Connecticut Department of Transportation announced a $31 million investment in expanding truck parking by 183 spaces at rest stops across Connecticut.