natural gas News Updates

BusinessFuel

More Fleets Adopting Natural Gas Trucks as Fueling Network Advances

Three more fleets said they have added tractors powered by natural gas, the latest signs of growth in the use of alternative fuels.

September 29, 2011
BusinessFuel

Pickens Says Natural Gas Trucks Will Soon Cost the Same as Diesel

GRAPEVINE, Texas — The cost differential between natural gas powered trucks and their diesel versions is fast dissolving and will soon disappear, according to investor T. Boone Pickens.

September 22, 2011
BusinessFuel

Ryder Offers Leasing Program for Green Trucks

Ryder System has launched a new lease program that offers private companies the option to incorporate alternative fuel vehicles into their fleets.

September 22, 2011
BusinessFuel

Shell Sets Campaign to Boost Natural Gas; Plans LNG Plant, Distribution in Canada

Global petroleum provider Shell Oil Co. unveiled a major push to promote natural gas in North American freight transportation, saying that it aims to produce liquefied natural gas suitable for commercial vehicles in a plant near Calgary, Alberta, by 2013.

September 19, 2011
BusinessFuel

Ryder, Staples Adding 10 CNG Tractors

Ryder System and Staples Inc. will add 10 heavy duty compressed natural gas tractors to Ryder’s fleet serving the office-products retailer.

September 14, 2011
BusinessFuel

Interest in Natural Gas Truck Fuel Increases; Industry Observers Predict Rising Sales

Sales of natural-gas-powered trucks will grow faster than the rest of the North American market, hitting almost 30,000 units by 2017, consulting firm Frost & Sullivan said.

August 29, 2011
BusinessFuel

Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations

Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.

August 25, 2011
BusinessFuel

Clean Energy Reports 2Q Loss; Revenue Rises 57%

Clean Energy Fuels Corp., which provides natural gas fueling for the trucking industry, reported a loss for its second quarter but said revenue rose.

August 9, 2011
BusinessFuel

Clean Energy Gets $150 Million Infusion to Build Natural Gas Fueling Network

Clean Energy Fuels Corp. received a $150 million cash infusion last week to help it build an extensive nationwide network of 150 natural-gas truck-fueling stations.

July 18, 2011
BusinessFuel

Clean Energy Gets $150 Mln. Investment to Build Heavy-Duty Truck Natural Gas Fueling Stations

Chesapeake Energy Corp. said it is investing $150 million in Clean Energy Fuels Corp. to develop about 150 natural gas fueling stations for heavy-duty trucks at truck stops along U.S. interstate highways.

July 13, 2011