Rng

From the Midwest to the Pacific Coast, investor-owned utilities Black Hills Corp. and NW Natural have shored up renewable natural gas (RNG) and investments in the biofuel over the first three months of the year. Days before hosting the first quarter conference call, NW Natural Holdings Co. CEO David Anderson said the company opened its…

Strong global natural gas marketing and trading lifted BP plc in the first three months of this year, helping the company overcome low commodity prices as the integrated major also leaned in to secure opportunities to expand in the United States and overseas. CFO Murray Auchincloss led a conference call Tuesday to discuss the latest…

A bipartisan duo in the House have introduced legislation to incentivize renewable natural gas (RNG) use in motor vehicles through a $1/gasoline gallon equivalent (GGE) tax credit for fuel distributors.  Reps. Linda Sánchez (D-CA) and Brian Fitzpatrick (R-PA) introduced the Renewable Natural Gas Incentive Act of 2023, proposing to add RNG to the list of…

Opal Fuels Inc., a producer and distributor of renewable natural gas (RNG), saw revenue from RNG sales skyrocket in 2022, jumping more than 40% over 2021 figures, management noted during the company’s fourth quarter and full year earnings call.  The White Plains, NY-based company pushed RNG fuel production up to 2.2 million MMBtu in 2022,…

Virginia Natural Gas Inc. (VNG) is prepared to test the flow of renewable natural gas (RNG) in its distribution system after the Virginia State Corporation Commission (VSCC) granted its first-ever tariff that allows for such a pilot program. The local distribution company (LDC) is on its way to further integrating RNG into its system as…

Private equity-backed Viridi Energy has begun building a landfill renewable natural gas (RNG) project in Ringle, WI, in partnership with the Marathon County Solid Waste Department. Viridi, sponsored by Warburg Pincus and Green Rock Energy Partners LLC, plans to produce RNG equal to more than three million gallons/year of gasoline, it noted.  “As the transition…

As the energy industry clamors for technologies to reach decarbonization goals, renewable natural gas (RNG), though still in short supply, may be the solution for hard-to-abate sectors.  Executives from RNG production, to midstream transportation and to utility applications discussed the potential scalability of the biofuel during a panel at CERAWeek by S&P Global.  After being…

The right incentives could allow natural gas utilities to use existing infrastructure to advance low-carbon fuels and fight climate change, according to a study commissioned by the American Gas Association (AGA). AGA consulted Concentric Energy in discovering key regulatory frameworks that would encourage the production of low carbon products.  “This study leaves no doubt that…

Conventional natural gas and oil production is rising, but BP plc hasn’t taken its foot off of driving transitional energy investments after slapping down $1.3 billion in cash to buy TravelCenters of America (TA).  BP’s news Thursday came one day after announcing it would invest $1 billion in U.S. electric vehicle (EV) charging sites by…