Heavy

Congress Called on to Promote Infrastructure to ‘Feed’ NGVs

An executive with a Portland, OR-based heavy-duty truck maker told a Senate energy panel Tuesday that he and his competitors could manufacture as many natural gas vehicles (NGV) as needed if only Congress delivered on the refueling infrastructure.

May 15, 2013

Industry Briefs

The Railroad Commission of Texas (RRC) has a new $6 million grant program to help companies replace their older forklifts and medium- and heavy-duty diesel vehicles with ultra low-emission natural gas- and propane-fueled equipment. The grant program is funded by the Texas Emissions Reduction Plan through the Texas Commission on Environmental Quality (TCEQ). Since 2005, the RRC has awarded $39.5 million in grants to Texas companies and school districts, and has reduced emissions of smog-forming nitrogen oxides by nearly 5,000 tons. To be eligible for the grants, new equipment must meet the latest emissions standards and operate in one of the 43 counties designated by the TCEQ as having substandard air quality. The grant amount averages $9,500. For more information, visit www.altenergy.rrc.state.tx.us.

April 22, 2013
Penn Virginia Makes Its Big Eagle Ford Buy

Penn Virginia Makes Its Big Eagle Ford Buy

Penn Virginia Corp. (PVA) is opening its Eagle Ford Shale oil window wider with the acquisition of 40,600 gross acres (19,000 net) in Gonzales and Lavaca counties, TX, for $401 million from Magnum Hunter Resources Corp. (MHR), which has set its sights, in part, on the Pearsall Shale.

April 4, 2013

Shell’s Voser: Export the Shale Revolution

America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.

April 1, 2013
Voser on Shale: The Revolution Should Be Exported

Voser on Shale: The Revolution Should Be Exported

America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.

March 28, 2013

LyondellBasell Lauds Shale, Will Expand Ethylene Capacity

LyondellBasell Industries, a worldwide chemical company based in the Netherlands, said it hopes to join other manufacturers in taking advantage of the abundance of natural gas and natural gas liquids (NGL) produced from shale formations as it begins construction this month on the first of several projects to expand ethylene capacity in the United States by about 20%.

March 19, 2013
Canadian Natural Looking to Sell, JV Montney Acreage

Canadian Natural Looking to Sell, JV Montney Acreage

Canadian Natural Resources — Canada’s second-largest independent natural gas producer and its largest producer of heavy oils — is considering the sale of about 250,000 net acres of its Montney land base, about one-quarter of its total Montney acreage, President Steve Laut said Thursday during an earnings conference call.

March 11, 2013
Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Corp., which is facing a shareholder revolt for a perceived lack of focus and crony-heavy board, on Monday said it would become a pure-play exploration and production (E&P) company. The plan involves fully exiting the downstream business, selling Bakken Shale midstream, and bringing aboard six new independent directors.

March 5, 2013

Encana LNG Fueling Station Begins Operations

Encana Corp. has commissioned the Cavalier liquefied natural gas (LNG) facility in Alberta, considered one of the keys to bring higher volumes of natural gas to heavy-duty trucking and other fleets in Western Canada and elsewhere.

February 1, 2013
Unconventional Gas to Dominate North American Supply by 2040, ExxonMobil Says

Unconventional Gas to Dominate North American Supply by 2040, ExxonMobil Says

By 2025 natural gas is expected to overtake coal as the second most used fuel worldwide and North America will have transitioned to become a net energy exporter, while by 2040 global energy demand will have increased by almost 35% from 2010 levels, according to ExxonMobil Corp.’s Outlook for Energy: A View to 2040, which wasreleased Tuesday.

December 12, 2012
‹ Previous 1 2 3 16