Fuel

TC Energy Corp.’s long-delayed Keystone XL oil pipeline cleared a significant legal hurdle as the Nebraska Supreme Court ruled that regulators’ approval of the conduit’s route through the state was valid.

MADISON, Wis. — Madison Gas & Electric is partnering with Lyft to promote the use of electric vehicles.

YOUNTVILLE, Calif. — Daimler Trucks North America has handed over its first two battery-electric Freightliner eCascadia models to NFI and Penske Truck Leasing for use in their daily freight operations.

The California Public Utilities Commission has approved a program that will see San Diego Gas & Electric build 3,000 electric vehicle charging stations for medium- and heavy-duty vehicles including school buses, delivery trucks and forklifts, and SDG&E customers will be the ones to pay for it.

Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.

The U.S. average retail price of diesel dropped 1.7 cents to $2.994 a gallon, the Department of Energy reported Aug. 19. Crude oil prices lifted moderately to pass $56 a barrel as U.S.-China trade tensions eased somewhat, while a drone attack on an oil field in Saudi Arabia rekindled concerns over the oil supply chain.

A glut of oil is headed to the Gulf Coast. That development is triggering a race among a growing number of entrants to build deepwater crude export terminals in the Gulf of Mexico to ship most of that oil to foreign markets.

Faced with more people driving Colorado’s increasingly clogged roads and fouling air that’s flunking federal standards, state health officials this week embraced an alternative vision — that hundreds of thousands of drivers soon, if given options, will shift to zippier electric vehicles that don’t pollute and roll 300 miles on a charge.

Iran is racing to return an oil supertanker to international waters after a Gibraltar court determined it couldn’t wait for the United States to take action that would prolong the six-week detention of the vessel for allegedly violating trade sanctions.

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.