Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. has received approval from the Federal Trade Commission (FTC), provided the company’s Kinder Morgan Energy Partners (KMP) relieves itself of some Rocky Mountain pipeline, gas processing and storage assets as it previously said it would do.
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The natural gas vehicle (NGV) fueling kit manufacturer at Clean Energy Fuels Corp., BAF, has received approval from the California Air Resources Board (CARB) for its compression natural gas (CNG) conversion kits used on 2012 Ford F-Series 250/350 pickup trucks and E-Series 250/350 vans. CARB’s OK means the NGVs can now be sold in California. BAF is the first CNG converter in the nation to receive CARB’s certification for F-Series pickups. CNG-powered BAF E-250/350 van are already in wide use among service providers such as AT&T and Super Shuttle, and have been certified by CARB since 2007; now the certification is extended to include 2012 models. The latest NGV certification adds to permits BAF already has from CARB for several other Ford models, and it has federal Environmental Protection Agency certification for all of the models.
Perth, Western Australia-based Golden State Resources has received further verification it could be holding a significant shale gas play in the Golden Eagle field in Grand County in southeast Utah. The economics look good, according to a recent petroleum engineering consultant’s study.
ConocoPhillips revealed Wednesday that in the last three months of 2011 it acquired more than 100,000 acres in North American liquids-rich shale plays, bringing its unconventional acquisitions last year to more than 500,000 acres.
The freefall in natural gas futures prices of the last few weeks received a small reprieve on Friday after the February contract managed to eke out a 2.1-cent gain to close the week at $2.343. However, market bulls might as well cool their heels as Friday’s close marked a 32.7-cent decline from the previous week’s close.
California-based Clean Energy Fuels Corp.’s compressed natural gas (CNG) conversion kit manufacturer, BAF, has received clearance from California air quality regulators to sell its 2012 dedicated CNG Ford Motor Co. Transit Connect taxis in the state. The certification from the California Air Resources Board (CARB) is effective immediately, according to Dallas-based BAF. In this case CNG is used in traditional gasoline internal combustion engines that BAF modifies to operate on natural gas (see Daily GPI, Sept. 27). As a Clean Energy subsidiary, BAF has been certified by Ford to convert standard Transit Connect taxis to run on CNG. BAF said it already has CARB authorizations for other 2012 utility and shuttle models, and it has federal Environmental Protection Agency authorization for CNG-powered versions of Ford vans, shuttles and pickup trucks.
Atlanta-based AGL Resources and Naperville, IL-based Nicor Inc. received approval of their merger from the Illinois Commerce Commission (ICC) last Wednesday, the final regulatory nod needed to create a natural gas distribution behemoth operating in seven states.
Atlanta-based AGL Resources and Naperville, IL-based Nicor Inc. received approval of their merger from the Illinois Commerce Commission (ICC), the final regulatory nod needed to create a natural gas distribution behemoth operating in seven states.