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TG Natural Resources, owned by Tokyo Gas, and Castleton Commodities International, is acquiring a 70% stake in the East Texas gas assets of Chevron U.S.A. for $525 million.

The national average diesel price bumped up 2.5 cents to $3.592 a gallon, according to U.S. Energy Information Administration data released March 31.

Westport Fuel Systems posted declines in Q4 and full-year net income as the equipment maker advanced its joint venture with Volvo Group and announced the sale of its light-duty business.

The publicly espoused viewpoints of Tesla CEO Elon Musk and his own company regarding electric vehicles appear to be at odds.

Truck maker Isuzu will launch a battery-electric version of its Class 6 and Class 7 F-series medium-duty trucks in 2027, rather than 2026 as initially expected.

“This pardon is not just about me — it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of people,” Milton said in a press release.

EPA has yet to announce a timeline for the reconsideration of the GHG standards or re-evaluation of the NOx rule. Rulemakings typically take two or three years to formulate.

Hyundai celebrated the opening of its new $7.6 billion EV factory in Georgia by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year.

Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks inherent in pursuing a major deal.

Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year.