Fuel

Chinese purchases of a relatively niche type of fuel from the U.S. have been the single biggest contributor to global oil demand growth in recent years, the International Energy Agency said.

Republicans in the Senate are taking aim at the Biden administration’s promotion of EVs, and Democrats are calling out the administration for a lack of progress on charging infrastructure.

A Washington judge has tossed out an effort by two Republican lawmakers to prevent the state from adopting California’s zero-emission regulations without legislative approval.

ETruck Transportation expects to begin producing powertrains that turn Class 8 diesel trucks into hybrid battery-electric vehicles by the end of 2024, according to a senior executive.

Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.

Alabama is leading a 19-state coalition suing five states in the Supreme Court for pursuing what the group calls “ruinous liability and coercive remedies” in legal actions against energy companies.

Across all areas of the economy, shippers are facing increasing pressure to make their operations more sustainable and to meet environmental, sustainability and governance targets.

OPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group and its allies prepare to revive some halted supplies.

The national average diesel price keeps dropping, decreasing 6.8 cents a gallon to $3.658, according to Energy Information Administration data released June 10.

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.