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Heckmann Corporation transitioning truck fleet from diesel to LNG; largest single US order for LNG trucks

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Heckmann Corporation, a water solutions company focused on water issues worldwide and, in particular, oil and natural gas exploration and production, is teaming up with Encana Natural Gas Inc., Heckmann Corporation was created to buy and build companies in the water sector.

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Marathon Oil splitting in two

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The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas.

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$112.5M awarded to research consortia studying effects of Deepwater Horizon oil spill on Gulf of Mexico

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million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. The GRI also funds research that improves techniques for detecting oil and gas, spill mitigation, and technologies to characterize and remediate spills. Lead Institution: Texas A&M University at College Station. Lead Investigator: Edward J.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

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Ceres, Tellus launch global initiative for a standardized, comprehensive corporate sustainability rating

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The initiative will be modeled on a Ceres/Tellus-launched program, the Global Reporting Initiative, that is now used by 2,000 companies worldwide for corporate reporting on environmental, social and economic performance. The simply-stated goal of this system is to avoid the next BP disaster. —Ceres President Mindy Lubber.

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Enterprise piloting program with Mansfield Oil for renewable synthetic diesel in airport shuttle buses; Dynamic Fuels product

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Enterprise Holdings, owner and operator of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, is piloting a program with Mansfield Oil Company to use renewable synthetic diesel fuel in its airport shuttle buses at Louis Armstrong International Airport in New Orleans and Houston Hobby Airport in Texas.

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