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Business, Fuel

Oil Slumps on Dollar Strength, Cooling Consumer Sentiment

Emissions rise from an oil refinery in Norco, La., in June 2020. (Luke Sharrett/Bloomberg News) Emissions rise from a refinery in Norco, La., in June 2020. (Luke Sharrett/Bloomberg News)

Oil slid by the most in three weeks as a stronger dollar and weak U.S. economic data stoked concerns over an economic rebound.

Andres Guerra Luz | Bloomberg News
January 15, 2021
Government, Business, Fuel

Trump Aims to End Ethanol Warning Labels in Biofuel Policy Blitz

An American flag hangs on display at an ethanol facility in Iowa in June 2019. (Daniel Acker/Bloomberg News) An American flag hangs on display at an ethanol facility in Iowa in June 2019. (Daniel Acker/Bloomberg News)

The Trump administration advanced a flurry of biofuel policy proposals Jan. 15, including plans that could help ethanol producers sell more of the corn-based fuel.

January 15, 2021
Business, Technology, Equipment, Fuel

NACFE Plans Run on Less-Electric Event in September

Run on Less truck A Run on Less truck from a prior event. This year's edition will involve electric trucks. (NACFE via Vimeo)

The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.

Roger Gilroy | Senior Reporter
January 14, 2021
Business, Equipment, Fuel

Diesel Forward Acquires Dipaco

Worker at Diesel Forward plant A production worker at a Diesel Forward facility. Diesel Forward provides aftermarket diesel-engine fuel systems and technical components for light-, medium- and heavy-duty and off-highway vehicles. (Diesel Forward)

Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.

January 14, 2021
Government, Business, Fuel

EPA Readies Biofuel Waivers, Delays for Trump’s Final Days

Steam billows out of a smokestack at a biorefining facility in Iowa. (Sergio Flores/Bloomberg News) Steam billows out of a smokestack at a biorefining facility in Iowa. (Sergio Flores/Bloomberg News)

The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy.

January 13, 2021
Business, Fuel

US Diesel Stockpiles Swell as Global Fuel Demand Falters

A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. (Daniel Acker/Bloomberg News)

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.

Jeffrey Bair | Bloomberg News
January 13, 2021
Government, Business, Fuel

Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less

The Gemini Star oil tanker, owned by a subsidiary of Saudi Aramco, is seen with a tug boat. The Gemini Star oil tanker, owned by a subsidiary of Saudi Aramco, is seen with a tug boat. (Dana Smillie/Bloomberg News)

Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.

January 13, 2021
Business, Technology, Fuel

Paccar Parts Begins Selling Electric Vehicle Chargers

Paccar Paccar electric charger with Kenworth K270E and Peterbilt 220EV trucks. (Paccar)

Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.

Roger Gilroy | Senior Reporter
January 13, 2021
Business, Technology, Fuel

Hunt for the Next Tesla Fuels Wave of EV Deals

A Tesla Model S vehicle sits parked on a road near the company's Gigafactory building site in Germany in September 2020. A Tesla Model S vehicle sits parked on a road near the company's Gigafactory building site in Germany in September 2020. (Alex Kraus/Bloomberg News)

Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.

January 12, 2021
Business, Technology, Equipment, Fuel

Sherri Baker Joins Hyliion as Chief Financial Officer

Hyliion truck A Hyliion heavy-duty truck on display at a past industry show. On Jan. 7, Hyliion reported it received about $142 million in cash proceeds after the exercise of public warrants for about 12.5 million shares, priced at $11.50, of common stock. (Hyliion)

Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.

Roger Gilroy | Senior Reporter
January 12, 2021

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