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The CEO of Nel ASA, a Norwegian company founded in 1927 and the largest manufacturer of electrolyzer technology that produces hydrogen from water, said Nel is ready to “cut and paste” its manufacturing approach in locations around the world as interest in the alternative fuel climbs.

The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country.

The Transportation and Infrastructure Committee in the U.S. House continued to debate a five-year, $494 billion highway policy bill on June 18, a day after kicking off the measure’s consideration.

Three OPEC members identified by their peers as failing to bring production down to target levels in May appear to have begun improving their compliance in June, if lower exports are any indication. But for the biggest overproducer, Iraq, that first step is a small one.

The national average price of diesel has increased seven-tenths of a cent to $2.403, according to the Energy Information Administration.

The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.

Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.

The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.