Amyris and US Venture plan JV on renewable lubricants

Amyris, Inc., and US Venture, Inc., a distributor of industrial and automotive aftermarket products and lubricants, plan to form a joint venture for the production, marketing and distribution of finished renewable lubricants for the North American mark…

Saudi Aramco and PetroChina sign MoU for refinery in Yunnan

Aramco Overseas Company B.V., a subsidiary of Saudi Aramco, and PetroChina Company Limited, a subsidiary of CNPC, signed a Memorandum of Understanding (MoU) related to the planned development of a 10 million metric tons per annum (200,000 barrels per d…

N.A. Heavy-Duty Order Backlog Approaching 100,000 Units

A year ago, they couldn’t give away new trucks, now you have to wait in line for one. ACT Research Company says heavy net order volume in recent months has pushed the Class 8 heavy-duty backlog volume to just under 100,000 units.

Volvo Trucks North America and UAW Reach Tentative Agreement

Volvo Trucks North America announced Friday that the company and the United Auto Workers reached a tentative agreement on the terms of a new 5-year agreement that would cover approximately 1,300 UAW members at the New River Valley, Virginia, plant.