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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025.

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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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It is estimated that the study will be completed in the fourth quarter of 2009, following which Denbury will evaluate external market conditions, the state of financing and construction of the proposed gasification projects, and make a decision as to whether or not they will take initial steps to build such a pipeline. Denbury Resources Inc.

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