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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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

Green Car Congress

UPS announced an agreement with Clean Energy Fuels Corp. to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. Renewable natural gas, produced naturally from bio sources such as landfills and dairy farms, not only turns trash to gas, but it turns it into clean gas. Tifton, Ga.;

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

Green Car Congress

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. Values of US upstream M&A oil and gas M&A deals, 2006-2011. Wise, President of PLS. Click to enlarge.

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

Green Car Congress

UPS plans to build an additional 12 compressed natural gas (CNG) fueling stations and add 380 new CNG tractors to its growing alternative fuel and advanced technology fleet. CNG is made by compressing natural gas to less than one percent of the volume it occupies at standard atmospheric pressure. San Antonio, Texas; Tifton, Ga.;

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Electric vehicles are inflation relief

Electric Auto Association

has been experiencing severe inflation and high gas prices. EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. Energy Information Administration pegs the average retail price per kilowatt hour at $0.107 in April 2021, compared to $0.1174 in April 2022, a mere 9.7%

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Shell and Kinder Morgan plan to export LNG from the United States

Green Car Congress

Shell US Gas & Power LLC (Shell), a subsidiary of Royal Dutch Shell plc, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit of El Paso Pipeline Partners, L.P. million tonnes per year (mtpa) of LNG or 350 million cubic feet of gas per day (Mmcfd).

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Alabama Project Testing Potential for Combining CO2 Storage with Enhanced Methane Recovery

Green Car Congress

Field testing the potential for combining geologic carbon dioxide storage with enhanced methane recovery is underway at a site in Alabama by a US Department of Energy (DOE) team of regional partners. trillion cubic feet of natural gas from these coal seams. Coal in the Black Warrior Basin has the potential to sequester 1.1

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