Fuel

Green energy companies ReCarbon and HYZON Motors partnered July 23 in an effort to propel hydrogen-powered truck projects globally.

In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast.

A program meant to improve air quality by reducing diesel emissions was included in the annual defense authorization bill the Senate passed July 23.

Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.

Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.

The Daimler Group reported a net loss and lower revenue in the second quarter as demand for its trucks, vans, buses and cars fell amid the global novel coronavirus pandemic.

Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.

FRANKFURT, Germany — Investigators searched offices of automaker Fiat Chrysler and truck maker Iveco in Germany, Switzerland and Italy on July 22 as part of an investigation into suspected illegal manipulation of diesel emissions.

Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

Walls are up enclosing Volkswagen’s new $800 million electric vehicle production site in Chattanooga, Tenn., as factory equipment is shipped in for installation, an official says.