Manufacturers of large trucks and commercial vehicles are beginning to embrace hydrogen fuel cell technologies as a way forward. So are makers of planes, trains and passenger vehicles. But without advancements, hydrogen cannot yet be considered clean energy.
The technology could soon scale up to commercial-level production under a demonstration project planned by Hasler Ventures LLC.
Colonial Pipeline Co. paid the money on Friday, sources said, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline.
The Indianapolis-based company, which makes specialty hydrocarbon and fuels products, said it is seeing business conditions improve compared with earlier months of the pandemic.
Ricker’s Chairman Jay Ricker told IBJ on Thursday morning that a purchase agreement for his 39-year-old company is in place and the deal is expected to close by the end of the month.
Indianapolis International Airport has been on a roll in recent years, seeing strong increases in passenger traffic and direct flights. But now jet-fuel prices are on the way up, threatening to slow the airport’s progress.
About 2,400 independent drivers for Indianapolis-based Celadon Trucking Services Inc. are seeing the results of a class-action judgment that found the drivers were overcharged for their fuel purchases.
Indiana is heading into the Memorial Day weekend tied with California for the largest gas price increase in the United States over the past year.
Kinetrex Energy, which distributes liquid natural gas, has roughly doubled its workforce to 40 people. and pushed from its core market—trucking companies—into agriculture, power generation, asphalt production and other sectors.
Warren Buffett's company is acquiring a major stake in Pilot Travel Centers LLC, which operates numerous truck stops in central Indiana.
Massive flooding caused by Tropical Storm Harvey along Texas' refinery-rich coast could have long-standing and far-reaching consequences for the state's oil and gas industry and the larger U.S. economy.
Indiana’s gas tax will increase by 10 cents a gallon under House Enrolled Act 1002, which goes into effect Saturday. The tax will jump from 18 cents to 28 cents a gallon.
The increases affect everything from notary services to teacher background checks to fuel prices, such as a 10 cents-per-gallon gasoline tax increase starting July 1.
Indiana environmental officials believe contaminants recently found on the site of the Indiana Transportation Museum are oil-based but don’t think an emergency response is needed.
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
The Trump administration issued a permit Friday to build the Keystone XL pipeline, reversing the Obama administration and clearing the way for the controversial $8 billion project to finally be completed.
The hike mostly results from an agreement Nov. 30 by major oil-producing countries to slash output.
Allison’s hybrid bus transmission sales have tanked, and the company says it’s postponing production of hybrid truck transmissions until market conditions improve.
After a six-year run-up for the Indianapolis-based oil refiner that saw its revenue nearly double, the company has eliminated about 25 jobs, 2 percent of its workforce, in recent months.
Hancock County officials are set to terminate a tax incentive agreement with EnerDel Inc., the once-heralded battery maker with big plans that since has vacated its facility in the county.
