Fuel News

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Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessTechnologyFuel

First eCascadia Models Set to Begin Commercial Operations

Daimler Trucks North America announced Penske Truck Leasing and NFI will be the first companies to employ its battery-electric eCascadia in commercial operations.

August 12, 2019
GovernmentBusinessFuel

Portugal May Declare Civil Order to Counter Fuel Supply Shortage

Portugal may declare a civil order to ensure that truck drivers, who began a strike Aug. 12, deliver enough fuel to stop gas stations across the country from running dry at the height of the country’s tourism season, Prime Minister Antonio Costa said.

August 12, 2019
GovernmentBusinessFuel

Russia, Iran, Others Debate How to Divide Caspian Oil Riches

TURKMENBASHI, Turkmenistan — Five countries bordering the energy-rich Caspian Sea met Aug. 12 at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region’s oil wealth.

August 12, 2019
BusinessFuel

Saudi Aramco Expands With $15 Billion Stake in India’s Reliance

NEW DELHI — Oil giant Saudi Aramco is buying 20% of Indian conglomerate Reliance Industries’ oil and chemicals business for about $15 billion.

August 12, 2019
GovernmentBusinessFuel

Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries

Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.

August 9, 2019
GovernmentBusinessFuelLogistics

Experts to Dissect Industry Trends, Insights at ATA Economic Summit

Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.

August 9, 2019
GovernmentBusinessFuel

Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says

New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.

August 8, 2019
GovernmentBusinessFuel

Trump’s Bid to Ease Auto Rules Would Hike Fuel Costs, Study Says

President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move.

August 7, 2019
BusinessFuel

TravelCenters of America Reports Higher Net Income, Revenue as Fuel Sales Jump

TravelCenters of America Inc. reported net income of $1.21 million, or 15 cents per share, in the quarter ended June 30.

August 6, 2019
BusinessFuel

Occidental Begins Bond Sale to Fund Anadarko Deal

Occidental Petroleum Corp. is selling bonds to help finance its $38 billion acquisition of Anadarko Petroleum Corp., as debt issuers show faith in the market rebound.

August 6, 2019

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