Intangles launches AI-powered diesel particulate filter (DPF) solution
New feature to increase fuel efficiency, boost engine performance and optimize regeneration
China barred from buying US oil reserves in funding bill
China would be barred from buying oil from the US’s emergency stockpiles under a provision included in must-pass government funding legislation unveiled Sunday.
MOL Chemical Tankers completes acquisition of Fairfield Chemical Carriers
Mitsui O.S.K. Lines, Ltd. announced that its wholly owned subsidiary, chemical tanker operator MOL Chemical Tankers Pte. Ltd., has completed the acquisition of all shares…
OPEC+ serious about defending price floor above $80 per barrel – Rystad Energy Oil Market Note
The group of eight OPEC+ countries that pledged on 30 November last year to implement voluntary production cuts for the first quarter of 2024 have…
GXO’s potential acquisition of Wincanton credit negative in near term
GXO Logistics, Inc’s ratings of ‘BBB’/Outlook Stable are susceptible to a negative rating action if the acquisition of Wincanton plc is completed under the currently…
Port of Oakland’s Wan says box volumes are rising in 2024
In his annual ‘State of the Port 2024’ address on February 29th, Port of Oakland Executive Director Danny Wan said, “In 2023, we reached 2,000,024…
Velociti and Dragonfly Energy deliver an immediate return on investment with lithium power systems
Innovative Instant ROI program allows fleets to achieve substantial and immediate savings from the deployment of Battle Born All-Electric APU
Falling gas and LNG prices could revitalize demand - Rystad Energy’s Gas and LNG Market Update
Prices at the Dutch Title Transfer Facility (TTF) reversed declining trends this week, with prices increasing upwards from $7.80 per million British thermal units (MMBtu)…
American Airlines orders 85 Boeing 737 MAX jets, expands fleet with 737-10 model
• American doubles 737 MAX order book to more than 150 airplanes • 737-10 fuel efficiency, range and capacity to provide flexibility across American's global…
Guyana beats Venezuela in oil exports during border dispute
The border dispute between oil-rich Venezuela and Guyana got a new twist with Guyana exporting more oil than its neighbor for the third straight month.
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