Commercialization, Conventional Fuels
February 14, 2022
Via: ForbesOil prices have rocketed above $90 per barrel, and, with “big oil” companies like ExxonMobil, Chevron and BP reporting huge profits, no one should be surprised that the banking world is eager to provide financing for the sector again. Indeed, […]
Commercialization, Conventional Fuels
February 3, 2022
Via: Power MagazineHanding a muted victory to proponents of nuclear and gas, the European Commission (EC) on Feb. 2 adopted a measure that labels some nuclear and gas energy activity as climate-friendly investments. However, it set out strict, potentially limiting technical screening […]
Commercialization, Conventional Fuels
January 7, 2022
Via: PetrolPlazaWorld Fuel Services Corporation has completed its recently announced acquisition of Flyers Energy Group. The company will absorb its assets, including its transportation vehicles, fueling fleet and lubricant distribution. After the transaction, World Fuel Services will amp up its presence […]
Commercialization, Conventional Fuels
January 4, 2022
Via: PetrolPlazaExpress Wash Concepts has announced the acquisition of three Bee Clean Express Car Wash locations. The company has expanded its footprint in the Ohio region by purchasing two new sites in Zanesville and one in Cambridge, one of the former […]
Commercialization, Conventional Fuels
December 17, 2021
Via: PetrolPlazaAlimentation Couche-Tard Inc. has agreed to buy Slidell Oil Company including 17 convenience stores and 23 wholesale fuels accounts across three southeastern states. The assets and accounts are owned and operated by Slidell Oil Company of Slidell, Louisiana. Most c-stores […]
Commercialization, Conventional Fuels
December 14, 2021
Via: Power MagazineRecent reports from groups analyzing U.S. power generation note how states near the nation’s largest shale plays are expected to bring significant new natural gas-fired generation online over the next few years, despite concerns about recent market volatility that sent […]
Commercialization, Conventional Fuels
November 23, 2021
Via: Power MagazineA new wastewater rule authorized by the U.S. Environmental Protection Agency (EPA) earlier this year is leading several coal-fired plants to announce closure plans, according to an analysis of state regulatory filings by the Sierra Club. The group said at […]
Commercialization, Conventional Fuels
October 26, 2021
Via: PetrolPlazaThe United Kingdom government confirmed that stocks of unleaded and diesel at petrol stations have reached their highest level since May. The information, published by the Department for Business Energy and Industrial Strategy (BEIS), also states that the industry has […]
Commercialization, Conventional Fuels
October 8, 2021
Via: PetrolPlazaClean Energy Fuels Corp., a leading provider of renewable natural gas (RNG) in North America, has won a solicitation to design, construct, and maintain a hydrogen station and supply liquid hydrogen fuel in Pomona city, Los Angeles county, Southern California. […]
Commercialization, Conventional Fuels
October 6, 2021
Via: PetrolPlazaEG Group has entered into a binding agreement to divest 27 petrol filling stations, located throughout the UK, to Park Garage Group. The moves follows competition concerns regarding EG Group’s separate acquisition of Asda Group Limited. In June 2021, UK […]
Commercialization, Conventional Fuels
October 1, 2021
Via: Power MagazineGas turbines have grown into a hallmark of the modern power system for their high efficiency, reliability, operational flexibility, fuel flexibility, and low-emission power options. But if gas turbines are to remain relevant amid the anticipated proliferation of renewables, energy […]
Commercialization, Conventional Fuels
September 30, 2021
Via: Power MagazineBismarck, North Dakota-based Basin Electric Power Cooperative will join Dairyland Power Cooperative and ALLETE Inc. as co-owners of the planned Nemadji Trail Energy Center (NTEC), a combined cycle natural gas power plant proposed for construction in Superior, Wisconsin. The deal between Basin […]
Commercialization, Conventional Fuels
September 10, 2021
Via: PetrolPlazaConvenience store and petrol station giant EG Group may be up for sale with a price tag of £10.8 billion ($15B), reports The Times. EG is backed by private equity firm TDR Capital and the billionaire Issa brothers. It has […]
Commercialization, Conventional Fuels
August 12, 2021
Via: Power MagazineBKV Corp., a privately held natural gas exploration and production company headquartered in Denver, Colorado, said it will purchase the Temple 1 power plant in Temple, Texas. The deal, valued at $430 million and subject to customary closing conditions, is […]
Commercialization, Conventional Fuels
July 12, 2021
Via: Power MagazineA Michigan-based energy company that planned to build a 1.1-GW gas-fired power plant in Virginia has pulled the plug on the project. NOVI Energy on July 9 said it would abandon development of the C4GT plant in Charles City County, […]
Commercialization, Conventional Fuels
June 29, 2021
Via: Power MagazineAs the U.S. moves toward cleaner energy sources, and utilities work toward carbon reduction mandates, coal plants are closing at rapid rates across the country. Approximately 79,000 Americans were employed in coal-fired electricity generation in 2019, 13,000 fewer than in […]
Commercialization, Conventional Fuels
June 28, 2021
Via: Power MagazineCenterPoint Energy could begin construction of two new natural gas-fired units to serve electricity customers in Indiana as soon as next year, if state regulators approve the utility’s plan that includes the closure of two units of a coal-fired power […]
Commercialization, Conventional Fuels
June 24, 2021
Via: Power MagazineMichigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier than previously planned. In an updated integrated resource plan (IRP) filed with the Michigan Public Service […]
Commercialization, Conventional Fuels
June 16, 2021
Via: Power MagazineGE will supply a 50-Hz F-class gas turbine that is capable of combusting natural gas and hydrogen-blended fuels at EnergyAustralia’s 316-MW Tallawarra B Power Station in New South Wales (NSW), Australia, in a project that will demonstrate how the coal-rich […]
Commercialization, Conventional Fuels
June 15, 2021
Via: PetrolPlazaIt’s no secret: the fuel retail market is changing rapidly. The products and services made available through forecourts are continuously evolving, driven by an increased customer demand for convenience. Retailers are transforming their business from a fuel-centric to a convenience-centric […]