Biomethane is a drop in the ocean of fuel used in the U.S. shipping industry now, but its prospects improved a bit on Tuesday with the announcement of an agreement by UPS to buy “renewable natural gas” (RNG) from Clean Energy Fuels, the natural-gas-for-transport company co-founded by T. Boone Pickens. UPS said that beginning this month, tractors and delivery… Keep reading →
With all of the hustle and bustle that comes with the holidays, it’s easy to not think about how presents and food get to stores. But next time you’re at the airport or a shop picking up a last-minute gift, you might see a clean energy technology — fuel cells — helping bring your holidays to you.… Keep reading →
Warren Buffett’s Berkshire Hathaway bought 40.1MM shares of ExxonMobil for $3.45bln, and now holds about 0.9% of the company’s stock. UK’s BG has sold additional interests in its Queensland Curtis LNG project in Australia to China National Offshore Oil Corp. for $1.93 billion, and to supply the state-controlled Chinese firm with an additional 5 million tons per year of LNG… Keep reading →
The pace of change in the North American natural gas business has accelerated in recent months, with the US Department of Energy approval process for exports to non-free trade agreement countries failing to stop the achievement of major project milestones and new technology innovations driving market expansion. Four projects have been approved by DOE for… Keep reading →
Natural gas vehicles will need “strong regulatory support” to provide a meaningful boost to US gas demand in this decade, owing in part to a dearth of refueling infrastructure, says Barclays analyst Shiyang Wang. Natural gas is far cheaper on an energy-equivalent basis than diesel, offering an obvious incentive to make the switch from a… Keep reading →
As US natural gas producers note the benefits of existing infrastructure while seeking ways of stimulating demand for newly abundant shale gas, questions continue to swirl about the total cost of conversion.
Beyond the potential of natural gas for the long-haul trucking industry, as championed by Texas oilman T. Boone Pickens, gas advocates say private cars are a clear target market, since gas as an auto fuel is currently roughly less than half the cost of gasoline, while at the same time emitting much lower levels of greenhouse gases. Keep reading →
It’s hard to avoid the issue of gasoline prices during an election year. But in an effort to avoid gasoline altogether, some large companies are avoiding the issue altogether by cashing in on significant fuel cost savings and accelerating moves to switch over their vehicle fleets to run on compressed natural gas.
In the Dallas-Fort Worth area of Texas, companies like AT&T and Verizon have teamed up with Clean Energy Fuels to save roughly $1.50 to $2.00 per gallon on fuel by converting to CNG. This video features Ken Nicholson, General Manger of Clean Energy Fuels in Dallas discussing the benefits of CNG and Brent Pope, Director of Sales for BAF Technologies talking about how his company converts gasoline and diesel fueled vehicles to run on CNG. Keep reading →
A legal storm in the energy industry that has been rumbling in the distance for three years is likely to come to a head this summer as petroleum refiners, ethanol producers and Washington lobbyists pursue their battle with state agencies in Sacramento.
The latest flare in this clash between a powerful pantheon of US energy titans and federally influential regulators in California occurred last week, after a temporary injunction was lifted by a US court of appeals in San Francisco. Keep reading →
With decade-low natural gas prices threatening to dampen America’s shale-gas boom, gas-producing states are looking for ways to stimulate demand from cars and light trucks.
Ten states have signed a memorandum of understanding that aims to persuade automakers in the US to mass-produce competitively priced cars that will run on natural gas, providing a new outlet for abundant domestic supplies of the cleaner-burning fuel. The signatories are seeking more support. Keep reading →
A picture of the GE natural gas fueling station.
Efforts to find a use for America’s glut of shale gas got a boost on Wednesday when Chesapeake Energy announced an agreement with GE to increase the availability of compressed and liquid natural gas as a transportation fuel. Keep reading →
