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Tag: Energy


Impact & Regulations

After dropping for 8 weeks, benchmark diesel price turns higher

December 26, 2023

Via: FreightWaves

Tuesday marked the end of the eight-week decline in the benchmark diesel price used for most fuel surcharges. The Department of Energy/Energy Information Administration price posted a 2-cents-per-gallon increase. The upward move to $3.914 a gallon marked the first increase […]


Impact & Regulations

Diesel Price Drops 4.7¢ to $4.586 a Gallon

September 25, 2023

Via: Transport Topics

The national average diesel price paused from its recent surge, falling back 4.7 cents to settle at $4.586 a gallon, according to Energy Information Administration data released Sept. 25. The last time diesel took a downswing was July 3, when […]


Shipping

Maritime, mining, and energy majors to create a green corridor for iron ore

March 22, 2023

Via: Offshore Energy

The initiative has been described as the first of its kind from Africa and an important step in the region’s involvement in shipping’s decarbonization. Maritime green corridors are routes between major port hubs where zero-emission solutions and fuels are supported […]


Shipping

NYK invests in tech to convert garbage onboard into biofuels

August 29, 2022

Via: Splash 247

Nippon Yusen Kaisha (NYK) is looking at converting waste onboard into energy. Japan’s second largest shipping line by dwt has invested in Sustainable Energy, which operates an energy supply business using unused resources such as flammable waste generated in cities. […]


Impact & Regulations

Senators Call for Sanctions on Russian Oil Sales to China

July 27, 2022

Via: Transport Topics

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine. China’s imports of Russian crude have surged this […]


Impact & Regulations

Benchmark diesel price declines, East Coast squeeze may be getting worse

May 16, 2022

Via: FreightWaves

It wasn’t by much — just 1 cent, to come in at $5.613 a gallon for the Department of Energy/Energy Information Administration weekly report. It’s the first weekly decline in five weeks. Of the 20 weeks when a price has […]