Fuel

Tesla Inc. reported a sequential gain in quarterly deliveries that seemed improbable weeks ago, sending its stock surging toward Wall Street’s most bullish price target.

California regulators already have issued a proposal aimed at lowering oxides of nitrogen and particulate matter emissions for new trucks built beginning in 2024, but federal regulators are still working to craft a separate nationwide low-NOx and PM proposal scheduled to take effect in 2027.

House Democrats say Congress should increase funding for programs at EPA and the Department of Energy to reduce emissions from equipment at ports.

OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand again.

Tesla Inc. endured a roughly seven-week shutdown of its most important car plant in the world last quarter, but its brand-new backup factory may have saved the day.

Shares of Workhorse Group Inc., a maker of electric delivery vehicles, are surging as investors bet the Trump administration will want the company and a fellow Ohio-based affiliate to succeed.

Hyliion Inc.’s Class 8 long-range electric powertrain underscores the transition period of multiple alternative powertrains is at hand. And the powertrain, whose batteries are charged by an undersized natural gas engine, could prove to be an important step toward carbon-free over-the-road transportation, experts said.

Jacobs Vehicle Systems’ cylinder deactivation technology delivered a “host of performance-enhancing benefits” in a recent independent validation, the company announced, including raising exhaust temperature and improving fuel consumption.

Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June.

The national average retail price of diesel rose for the fourth consecutive week, half a cent to $2.43 a gallon, the Energy Information Administration reported June 29.