Category: Commercialization

September 29, 2023

Aramco has signed a definitive agreement to acquire a stake in MidOcean Energy for $500 million, a liquefied natural gas (LNG) company. With this strategic minority of the company formed and managed by institutional investor EIG, this marks Aramco’s first […]

September 21, 2023

The Tennessee Valley Authority (TVA) is poised to study the feasibility of retrofitting two gas-fired power plants—a combined capacity of 1.8 GW—in Mississippi and Kentucky with post-combustion carbon capture technology to remove more than 90% of their carbon emissions. The […]

August 29, 2023

MOL Group has closed the sale of 39 service stations to Shell, in which 19 locations are from the company’s own retail brand and 20 from the former OMV Slovenija, now a combined network between MOL and INA. The transaction […]

August 28, 2023

GE Vernova’s Gas Power division announced the start of commercial operations for a major natural gas-fired power plant in Chiba, Japan, following completion of equipment upgrades at the facility. The Futtsu Power Plant-Group 4, operated by JERA, Japan’s largest power […]

July 20, 2023

Much of the discussion after the U.S. Environmental Protection Agency (EPA) earlier this year issued new emissions standards for power generation units focused on the impact for coal-fired power plants. The rule in effect would require most fossil fuel-burning power […]

July 10, 2023

Essar Oil (UK) has signed an agreement with Oikos Storage to expand its operations into London and the South East of England. Essar will store and distribute middle distillate fuels at Oikos’ Canvey Island facility to serve the Thames region. […]

July 5, 2023

Rompetrol has recently opened two integrated service centers on the A1 Highway in Romania, continuing the expansion of its new forecourt concept. Each new site features an interior area between 430 and 600 m2. and employs between 45 and 65 […]

July 3, 2023

OMV has completed the sale of OMV Slovenia to MOL Group, including the firm’s filling stations and its wholesale business. This divestment supports the company’s journey of transformation to become a sustainable and net-zero emissions company by 2050. OMV’s fuel […]

June 28, 2023

BayWa has opened a new Liquified Natural Gas (LNG) station in Germany, expanding its network for heavyduty vehicles up to 12 locations across the country. The new public filling station brings the total number of LNG sites in the Free […]

June 23, 2023

The Kingdom of Saudi Arabia will welcome the first Shell service stations in the country. The mobility company has signed a trademark licensing agreement with ASYAD Group to enter the fuel retail market. The announcement is part of the Saudi […]

June 19, 2023

EG Group has announced its partnership with ryd in Germany, a provider of B2C ecosystem for digital fuelling solutions. This collaboration aims to bring the service and in-car payment solutions to Esso and OMV service stations across the country. With […]

June 16, 2023

Shell is set to completely divest from Pakistan to “simplify its portfolio,” the multi-energy company announced on their website. Shell Pakistan has been in the country for 75 years and has a strong lubricants business and a substantial retail footprint, […]

June 12, 2023

Irving Oil is undergoing a strategic review of the company to decide the future of its fueling business. As published by the firm in a press release, the options being evaluated include the sale of its assets. According to a […]

May 25, 2023

Neste and World Fuel Services are significantly expanding the availability of sustainable aviation fuel in Europe. The expansion provides World Fuel with greater access to sustainable aviation fuel (SAF) for European commercial, business and general aviation customers. With greater volumes […]

May 24, 2023

Thorntons is welcoming the summer with exclusive offers for members of the Refreshing Rewards loyalty program.The new fuel savings program allows customers to save 5 cents per gallon automatically applied to all grades of fuel. In addition, members will receive […]

April 25, 2023

Clean Energy Fuels and Tourmaline Oil have announced a $70 million agreement to build and operate a network of compressed natural gas (CNG) stations along key highway corridors across Western Canada. Through their 50-50 shared investment, both companies expect to […]

March 3, 2023

The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, […]

February 23, 2023

Canada is launching a new funding program to help promote the commercial deployment of small modular reactors (SMRs). The announcement was made Feb. 23 at the Canadian Nuclear Association’s annual conference. The program would provide $29.6 million over four years […]

December 30, 2022

Clean Energy Fuels Corp. is getting a $150 million sustainability-linked loan with Riverstone Credit Partners L.P. This financing provides Clean Energy with additional capital to execute its renewable natural gas (RNG) growth strategy as demand for RNG fuel rapidly rises. […]

December 28, 2022

In an ideal world, we’d swap out every diesel truck, emergency generator, and heater with something cleaner. Even better, we’d do it all by tomorrow at noon. If we could do that, and also build out the needed infrastructure for […]