Niche

A newcomer in the electric vehicle (EV) sector is making a direct run at part of the natural gas vehicle (NGV) sector’s niche market, light-duty fleet pickup trucks, with the introduction Tuesday of an extended-range EV model at the nation’s premier automotive show in Detroit.

A major U.S. microturbine maker has found a new niche market for its onsite combined heat-and-power generating systems. Los Angeles-based Capstone Turbine Corp. is finding rapid growth for its products in the oil and gas patch.

SandRidge Energy Inc. is pushing ahead on plans to become a niche natural gas player after throwing down a bid close to midnight last Tuesday to buy bankrupt Crusader Energy Group Inc. in a cash and stock transaction worth an estimated $230 million.

SandRidge Energy Inc. is pushing ahead on plans to become a niche natural gas player after throwing down a bid close to midnight Tuesday to buy bankrupt Crusader Energy Group Inc. in a cash and stock transaction worth an estimated $230 million.

Excelerate Energy’s niche in the natural gas supply chain puts it in good standing as it attempts to carve out a place in the emerging world of floating natural gas liquefaction, or floating LNG (FLNG), Anthony Schiller, Excelerate director of upstream development, told NGI.

Excelerate Energy’s niche in the natural gas supply chain puts it in good standing as it attempts to carve out a place in the emerging world of floating natural gas liquefaction, or floating LNG (FLNG), Anthony Schiller, Excelerate director of upstream development, told NGI.

PNM Resources Inc. and Cascade Investment LLC, the personal investment vehicle of Microsoft founder Bill Gates, have agreed to create a niche power trading company to serve expanding U.S. markets throughout the Southwest, Texas and the West. Under the terms of the agreement, PNM and a Cascade subsidiary will jointly hold a 50% stake in the unregulated company, temporarily named EnergyCo LLC.

XTO Energy Inc., the fast-growing independent that began carving a niche in the Barnett Shale of North Texas three years ago, increased its natural gas-rich production forecast this year by 3% after announcing the purchase of a neighboring producer, privately held Antero Resources Corp., for $685 million.

XTO Energy Inc., the fast-growing independent that began carving a niche in the Barnett Shale of North Texas three years ago, increased its natural gas-rich production forecast this year by 3% after announcing the purchase of a neighboring producer, privately held Antero Resources Corp., for $685 million.