The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment was chartered by Royal Dutch Shell (ticker: RDS) and originated form Cheniere Energy’s (ticker: LNG) Sabine Pass LNG facility in Gulf of Mexico. The cargo was purchased by China National Offshore Corp
Ryder System, Inc. (NYSE: R) said that its fleet of natural gas vehicles (NGVs) has surpassed 100 million miles of operations, making it the first commercial fleet outsourcing provider to reach this significant milestone. Through this achievement, Ryder has gained substantial insight into the NGV industry and how to optimize this solution for customers looking to reduce costs and emissions. Through a new
With less than six months remaining in his stay at the White House, President Obama has come out with a program to use the U.S. taxpayers’ money to guarantee loans for parties who are working to accelerate the adoption of electric vehicles and the infrastructure to charge them. The money comes into play in the form of up to $4.5 billion in loan
From The Tesla Team June 21, 2016 Tesla’s mission has always been tied to sustainability. We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. And in March 2015, we launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. It’s now time
U.S. Shale Gas Needs More Pipelines to Move the Gas to Market, but Anti-Fossil Fuel Groups are Out to Stop Pipelines In the past ten years, the shale revolution has changed the U.S. energy landscape. The economic extraction of oil and gas from shale deposits has opened new oil and natural gas supplies in North America, presented new opportunities for
From Politico A decade ago, travelers arriving at Denver’s sprawling new airport would look out over a vast expanse of flat, prairie dog-infested grassland and wonder if their plane had somehow fallen short of its destination. The $4.9 billion airport—at 53 square miles, larger than Manhattan—was derided as being “halfway to Kansas,” and given the emptiness of the 23-mile drive
An interview with Corey Goulet, President of Keystone projects for TransCanada. Editor’s Note: In March 2015, Oil & Gas 360® interviewed Corey Goulet, boss of the Keystone XL pipeline project. Today (Nov. 6, 2015), the U.S. State Department and the Obama Administration officially denied TransCanada’s application to build the Keystone XL pipeline. In light of today’s announcement, Oil & Gas 360®
Downstream segment of oil and gas not the only sector benefiting from the oil price crash American Airlines expects to save $4.35 billion on fuel Virtually every transportation division is cashing in on low fuel prices, spanning from the typical American commuter to massive international sea tanker routes. In December, AAA estimated American drivers would save as much as $75
H.R. 1679, addressing “the safe transportation of Bakken crude oil by rail,” was introduced to the United States Senate on March 26, 2015, one day after a the S.859 bill was issued regarding oil volatility and increased railroad transportation safety. The recent attention for improving the safety of crude by rail has been pushed by a handful of Democrats, including
