Category: Commercialization

February 14, 2022

Oil 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, […]

February 3, 2022

Handing 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 […]

January 7, 2022

World 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 […]

January 4, 2022

Express 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 […]

December 17, 2021

Alimentation 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 […]

December 14, 2021

Recent 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 […]

November 23, 2021

A 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 […]

October 26, 2021

The 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 […]

October 8, 2021

Clean 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. […]

October 6, 2021

EG 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 […]

October 1, 2021

Gas 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 […]

September 30, 2021

Bismarck, 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 […]

September 10, 2021

Convenience 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 […]

August 12, 2021

BKV 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 […]

July 12, 2021

A 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, […]

June 29, 2021

As 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 […]

June 28, 2021

CenterPoint 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 […]

June 24, 2021

Michigan’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 […]

June 16, 2021

GE 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 […]

June 15, 2021

It’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 […]