Annually

The market for products and services to support companies plying shale gas basins in the United States will grow to about $50 billion annually in 2015 as development continues in the Marcellus, Haynesville, Fayetteville and other shale plays, according to a recent study.

The market for products and services to support companies plying shale gas basins in the United States will grow to about $50 billion annually in 2015 as development continues in the Marcellus, Haynesville, Fayetteville and other shale plays, according to a recent study.

Pacific Gas and Electric Co. (PG&E) received approval from California regulators Thursday to increase its rates annually over the next four years to support its natural gas transmission pipeline and storage system, which has been placed under a microscope since a pipeline rupture and explosion in San Bruno last year. Rate changes are effective May 1.

The Department of Energy (DOE) has approved Freeport LNG’s request to export 511 Bcf of liquefied natural gas (LNG) annually to more than two dozen foreign countries with which the United States has free trade agreements involving natural gas and LNG.

The Department of Energy (DOE) has approved Freeport LNG’s request to export 511 Bcf of liquefied natural gas (LNG) annually to more than two dozen foreign countries with which the United States has free trade agreements involving natural gas and LNG.

Worldwide sales of natural gas vehicles (NGV) will increase to more than 3.2 million units annually by 2016, a 68% increase compared with 1.9 million units last year, with commercial sales in North America and Western Europe leading the surge, according to a report released by Pike Research. The increased sales will lead to growth in the use of natural gas as a transportation fuel, with 19 billion cubic meters of gas expected to be sold globally by 2016, the researchers said.

Worldwide sales of natural gas vehicles (NGV) will increase to more than 3.2 million units annually by 2016, a 68% increase compared with 1.9 million units last year, with commercial sales in North America and Western Europe leading the surge, according to a report released by Pike Research. The increased sales will lead to growth in the use of natural gas as a transportation fuel, with 19 billion cubic meters of gas expected to be sold globally by 2016, the researchers said.

An Atlantic City, NJ, shuttle bus service used by residents and millions of visitors annually has signed a contract to have Seal Beach, CA-based Clean Energy Fuels Corp. build and operate a fast-fill compressed natural gas (CNG) fueling station in Egg Harbor Township.

Sempra Energy expects annual capital expenditures and investments to average approximately $2.9 billion through 2014, up from about $2.4 billion annually during the previous five years, CEO Donald E. Felsinger said Thursday.