Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel

Exxon Announces New Emissions Targets After Investor Criticism

Exxon Mobil Corp. announced several new emissions targets and said it would begin publishing pollution information related to customers’ use of its products for the first time, just days after activist investors criticized the oil giant for its environmental record.

Kevin Crowley | Bloomberg News
December 14, 2020
Business, Fuel

‘External Source’ Causes Oil Tanker Blast Off Saudi Arabia

DUBAI, United Arab Emirates — An oil tanker off Saudi Arabia’s port city of Jiddah suffered an explosion early Dec. 14 after being hit by “an external source,” a shipping company said.

Jon Gambrell | Associated Press
December 14, 2020
Business, Technology, Equipment, Safety, Fuel

DTNA Says Portland Plant Will Be First to Achieve Carbon-Neutral Production

Daimler Trucks North America announced its truck manufacturing plant in Portland, Ore., will be the first to achieve carbon-neutral production in the global Daimler Trucks network — meeting green production this year.

Roger Gilroy | Senior Reporter
December 14, 2020
Government, Business, Fuel

Oil Ekes Out Weekly Gain After Retreating From Nine-Month High

Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand.

Andres Guerra Luz | Bloomberg News
December 11, 2020
Business, Technology, Fuel

Trucking Takes Initial Steps Toward a Zero-Emission Future

Recent advances in electric-­vehicle technology and the broader movement to reduce carbon emissions are creating market conditions that are increasingly favorable for electrification.

Seth Clevenger | Managing Editor, Features and Multimedia
December 10, 2020
Government, Business, Technology, Safety, Fuel, Autonomous

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

Michael Liedtke | Associated Press
December 9, 2020
Business, Technology, Fuel, Autonomous

Tesla Seeks to Raise Another $5 Billion in Stock Offering

Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

Michelle Chapman | Associated Press
December 8, 2020
Business, Technology, Fuel

VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla

QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3.

December 8, 2020
Government, Business, Technology, Fuel

Tesla’s German Factory Faces New Snag After Court Halts Logging

Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.

Brian Parkin | Bloomberg News
December 8, 2020
Government, Business, Fuel

Diesel Continues to Climb on Increasing Global Oil Demand

The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.

Dan Ronan | Senior Reporter
December 7, 2020