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Nevada Gov. Joe Lombardo approved $11.7 million in tax abatements for Edgewood Renewables to help it create a biofuel refinery hub that would produce renewable diesel and sustainable aviation fuel.

While federal officials were touting the latest round of electric charging infrastructure grants for cars in rural and other communities nationwide, there also was modest good news for trucking.

Texas regulators on Jan. 30 formally asked the state’s attorney general to challenge the Biden administration’s rule that seeks to lower emissions from the oil and gas sector.

A coalition of truck manufacturers is launching a joint initiative to work with stakeholders to accelerate construction of charging infrastructure for medium- and heavy-duty ZEVs.

The diesel price pendulum has swung forward this week with a 2.9-cent national average increase, according to data released Jan. 29 by the Energy Information Administration.

A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.

The Biden administration on Jan. 26 halted the approval of new licenses to export U.S. liquefied natural gas — a moratorium likely to disrupt plans for billions of dollars in projects.

Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.

Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.