Shell CEO to Step Down as Oil Giant Looks to Climate Goals
LONDON — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Sept. 15, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels .
September 15, 2022From Carmakers to Refiners, Industries Brace for Rail Strike
Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.
September 14, 2022GM Venture Starts Building Battery Cells at New Ohio Factory
DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.
August 31, 2022Canada, Germany Aim to Start Hydrogen Shipments in 2025
STEPHENVILLE, Newfoundland — The leaders of Germany and Canada said Aug. 23 a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.
August 24, 2022Average Gasoline Price Falls 45 Cents to $4.10 per Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.
August 15, 2022US EV Tax Credit Could Violate WTO Rules
BRUSSELS — The European Union expressed concern Aug. 11 that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules.
August 11, 2022Gas Prices Dip Just Below $4 for First Time in 5 Months
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.
August 11, 2022USPS to Boost Purchases of Electric Vehicles
The U.S. Postal Service plans to substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks, officials said July 20.
July 20, 2022Average Gasoline Price Drops 4 Cents to $5.05 a Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported June 26.
June 27, 2022Amazon Names New Head for Troubled Retail Business
Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.
June 21, 2022