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Canadian Natural Resources to cut capital spending again after quarterly loss

2015-05-07 14:06:34| Energy - Topix.net

Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.

Tags: resources natural capital loss

 

Duke Energy acquires stake in $3bn Sabal Trail natural gas pipeline in US

2015-05-07 01:00:00| Hydrocarbons Technology

US-based power utility Duke Energy has acquired a 7.5% stake in the $3bn Sabal Trail natural gas pipeline that passes through the Alabama, Georgia and Florida.

Tags: us natural energy gas

 
 

Cummins Westport introducing new ISB6.7 G mid-range natural gas engine

2015-05-06 11:55:33| Green Car Congress

Tags: natural engine gas introducing

 

The Trans-Pacific Partnership could mean more beef imports and natural gas exports

2015-05-06 10:38:11| Beverages - Topix.net

The largest-ever free-trade agreement negotiated by the United States, the Trans-Pacific Partnership, is on a fast track to national approval, and it could mean bonanza and bust for Western states and their traditional industries. In the works since 2008, the TPP includes 12 countries whose economies encompass nearly 40 percent of global gross domestic product .

Tags: natural gas partnership imports

 

UPS Becomes Nation's Largest User of Renewable Natural Gas in Shipping Industry

2015-05-06 06:47:10| Air Courier - Topix.net

UPS today announced it has entered into an agreement to purchase renewable natural gas for its delivery vehicle fleet from Clean Energy Fuels Corp. . The deal signifies UPS's plan to significantly expand its use of renewable natural gas for its alternative fuel and advanced technology fleet.

Tags: user shipping industry natural

 

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