91ÊÓƵ

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

The manufacturer, known for its dominance in the step van segment, positioned the Kestrel as a versatile alternative for vocations ranging from last-mile delivery to emergency response.

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

Bloomberg reported that Shell is working with advisers to evaluate a potential acquisition of BP, its U.K. rival.

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging.

Energy Secretary Chris Wright said DOE doesn’t plan to move forward with billions of dollars' worth of Biden-era loans as the Trump administration reviews DOE's $400 billion green bank.

Speakers agreed that biodiesel, renewable diesel, renewable natural gas, hydrogen and battery-electric are all important to reducing emissions.

Savage will team up with hydrogen fuel cell manufacturer Symbio North America as part of efforts to decarbonize the infrastructure and logistics company’s drayage fleet.

Hydrogen fuel cells are emerging as a viable alternative to diesel in many use cases, including longhaul applications that need more range than battery-electric vehicles offer. 

Hydrogen is often categorized by colors meant to indicate its emissions, but experts said getting too hung up on color could hinder the production and adoption of hydrogen-powered equipment.