°®¶¹´«Ã½

European car executives walked a fine line at the recent Munich auto show by touting how swell their new EVs are while warning Brussels that they can’t possibly sell only EVs by 2035.

California legislators are considering giving Valero hundreds of millions of dollars to cover refinery maintenance costs in a bid to prevent the closure of a San Francisco-area fuel plant.

Restrictions would impose a setback to Sable Offshore and its controversial project off the coast of Santa Barbara County.

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands recently, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.

The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.

The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.

Hawaii was the first state to create a mandatory road usage charge program to make up for decreases in fuel tax revenue due to the growing number of electric, hybrid and fuel-efficient cars.

This time EPA is targeting the California Air Resources Board’s Clean Truck Check law, also known as the Heavy-Duty Inspection and Maintenance Program.

The decision applies to 38 small refineries that had requested waivers from annual blending quotas, according to a statement Aug. 22.

The oil giant will nearly double the amount of fuel it will buy from an export plant Sempra is expanding in Texas.