U.S. exploration companies have expressed uncertainty about the direction of the energy markets this year, but one thing they are sure about is natural gas-powered pressure pumping fleets, which should support “durable, multi-year” opportunities, top oilfield executives said. Halliburton Co., one of the world’s largest oilfield services (OFS) companies, and Liberty Energy Inc., the No.…
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ProPetro Eyeing More Permian E&P Demand for E-Fleets, Natural Gas-Powered Equipment
The executive team for completions expert ProPetro Holding Corp., whose business is centered in the Permian Basin, remains bullish on natural gas and oil activity rising over the next several years on improved commodity prices and the continued “industrialization” of the energy sector. The Midland, TX-based oilfield services (OFS) firm provides hydraulic fracturing (fracking) services,…
SoCal Suburb Goes to Green CNG With Clean Energy Fuels; New Fueling Proliferates
Los Angeles suburb Torrance has inked a multi-year contract for the renewable version of compressed natural gas (CNG) from Clean Energy Fuels Corp. the past supplier of fuel for the city’s natural gas vehicle (NGV) city fleet.
New Vertical Integration Enters NatGas Vehicle Sector
A Salt Lake City-based firm with a new natural gas/electric truck is trying to become the first vertically integrated operator in the natural gas vehicle (NGV) sector with a stake in gas supply, fueling infrastructure and a hybrid near zero-emission NGV.
UPS Commits $100M to Expand U.S. CNG Use
United Parcel Service (UPS) plans to build 12 compressed natural gas (CNG) fueling stations and add 380 tractor trucks to its growing alternative fuel fleet with a commitment of up to $100 million, the shipper said.
CNG Transit Deal in New Jersey One of Several New, Extended Projects
Newport Beach, CA-based Clean Energy Fuels Corp. announced a half-dozen new and extended transit deals, led by a $10 million, multi-year procurement contract with New Jersey Transit, the nation’s third-largest bus, rail and light rail provider.
Berkeley Scientists Find Better Way to Store NatGas For Transportation
University of California, Berkeley chemists who think a “metal-organic framework” (MOF) may be a method to simplify and increase the range of natural gas vehicles (NGV) published their findings online recently in advance of a report appearing in the journal Nature.
Clean Energy Spurs Fleet’s Conversion to NatGas
Fleet operator Raven Transport plans to transform its 500-truck fleet to run on liquefied natural gas (LNG), following the advice of oil billionaire and natural gas vehicle pioneer T. Boone Pickens.
NGV Market Penetration Still Small Despite Bullish Advocates
While national and global market penetration is still modest, advocates for natural gas vehicles (NGV) could be heard at recent energy conferences in Chicago and Denver adding more fuel to the fire of enthusiasm among major fleet operators for natural gas as a transportation alternative.
U.S. CNG Supplier Strikes Deal With Mexican Firm
Indiana-based CNG Source has struck a full-service deal with Mexico-based NatGas, a compressed natural gas (CNG) fueling station developer. CNG Source officials view the agreement as a stepping stone to broader expansion throughout the Americas.