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Deep Freeze Wreaks Havoc on Texas Oil Producers, Refiners

A massive winter storm that swept the U.S. over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics.

January 27, 2026

Daimler Truck Unveils New GenH2 Hydrogen Fuel Cell Model

Series production of the fuel cell trucks is still targeted for the early 2030s. Until midway through 2025, Daimler Truck expected to begin serial production toward the end of the 2020s.

January 26, 2026

Baker Hughes Doubles Data Center Goals Amid AI Power Surge

The company expects to book roughly $3 billion of data center-related orders between 2025 and 2027 and is also on track to double its natural gas turbine capacity by the first half of 2027.

January 26, 2026

Eaton to Spin Off Its $5 Billion Vehicle Unit

Eaton on Jan. 26 announced it is pursuing a separation of its Vehicle and eMobility segments, as the electrical equipment maker looks to focus on high-growth businesses under new CEO Paulo Ruiz.

January 26, 2026

Efforts to Expand Ethanol Market Suffer Legislative Setback

Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline. But the amendment was scrapped Jan. 22, in a blow to ethanol producers and large refineries.

January 23, 2026

Tesla Loses Most Market Share in California EV Market in 2025

Tesla shed by far the most new-car buyers in California last year, showing how the electric vehicle maker is losing ground in one of the world’s largest EV markets.

January 22, 2026

Venture Global Surges After Arbitration Win Against Repsol

Venture Global won a dispute with Spain’s Repsol involving the sale of liquefied natural gas shipments from its export plant in Louisiana. 

January 22, 2026

VW Posts Higher-Than-Expected Auto Cash Flow on Less Spending

Volkswagen ended up with more cash in its automotive division than forecast in 2025 as the German carmaker delays projects and investments as part of an overhaul of its EV strategy.

January 21, 2026

Honda to Boost Output of Cheaper, Gas-Powered Vehicles

Honda’s sales of EVs will take a back seat to gas-fueled cars and SUVs in response to growing demand for low-cost models, said Lance Woelfer, the head of Honda’s U.S. sales operations.

January 14, 2026

Jeep, Chrysler Halt Plug-In Hybrid Models for 2026

Instead of plug-in hybrids, Stellantis is turning its focus to mild hybrids that don't require a plug. Its first such offering in North America is the Jeep Cherokee, which is reaching dealers now.

January 12, 2026