Midstream and downstream energy giant Phillips 66 is positioning itself to take full advantage of the ongoing North American shale oil boom by inking a number of deals to increase supplies of cost-advantaged North American crude oil to its U.S. refineries.
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Natural Gas Accepted for Transportation, LNG Leads, Fueling CEO Says
While it is currently straining its balance sheet to accelerate infrastructure buildout, Clean Energy Fuels Corp. likes its strategic positioning to take advantage of what it considers now widespread acceptance of natural gas as the alternative fuel of choice for large trucks and a new national network of fueling stations it expects to be in place by next year, CEO Andrew Littlefair told financial analysts on an earnings call reporting more red ink for the Seal Beach, CA-based firm.
Marcellus Boom Boosting Pennsylvania Banks, Report Notes
There are more than oil/gas roughnecks benefiting from the growing boom in the Marcellus shale play; Pennsylvania banks are positioning themselves to share in the rewards, according to a report published in late June by an Arlington, VA-based investment bank, FBR Capital Markets.
Obama Touches on Fracking Concerns at Virginia Town Hall Meeting
For the second time in a matter of weeks, President Obama Tuesday acknowledged that natural gas will play a critical role in the nation’s energy portfolio going forward.
Companies Building Natural Gas Vehicle Fleet Business in Northeast
Clean Vehicle Solutions LLC, based in East Brunswick, NJ, is one of a consortium of companies positioning themselves to serve the East Coast market for fleet vehicle conversions to natural gas, providing an “end-to-end” solution for government and private companies to make the switch to compressed natural gas (CNG) that on average will cut their emissions by 30%.
Natural Gas Vehicle Fleet Business Coming to Northeast
Clean Vehicle Solutions LLC, based in East Brunswick, NJ, is one of a consortium of companies positioning themselves to serve the East Coast market for fleet vehicle conversions to natural gas, providing an “end-to-end” solution for government and private companies to make the switch to compressed natural gas (CNG) that on average will cut their emissions by 30%.
Constellation’s Retail Gas Business Buying Cornerstone Energy
Constellation Energy said last week that subsidiary Constellation NewEnergy-Gas Division (CNE Gas) would acquire Cornerstone Energy Inc., further positioning CNE Gas as a supplier to commercial, industrial and institutional customers in North America and giving the company a larger foothold in growing ethanol markets.
Constellation Targets Ethanol with Cornerstone Energy Purchase
Constellation Energy said Monday that subsidiary Constellation NewEnergy-Gas Division (CNE Gas) would acquire Cornerstone Energy Inc., further positioning CNE Gas as a supplier to commercial, industrial and institutional customers in North America and giving the company a foothold in growing ethanol markets.
Duke’s GasCo Expected to Hit the Ground Running
As Duke Energy moves forward with the spin-off of its natural gas operations, the new gas company is positioning itself to aggressively continue expansion of its pipeline system and develop new growth opportunities within its midstream operations, CEO Jim Rogers said last week.
Duke’s GasCo Expected to Hit the Ground Running
As Duke Energy moves forward with the spin-off of its natural gas operations, the new gas company is positioning itself to aggressively continue expansion of its pipeline system and develop new growth opportunities within its midstream operations, CEO Jim Rogers said Wednesday.