Sunoco Partners Marketing & Terminals said it has paid approximately $66 million to obtain the equity stake in Sandford Energy it did not already own, giving Sunoco full control of the company.
August 7, 2018Search
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Oil Companies Fret as Congress Debates Russia Sanctions
WASHINGTON — Oil and gas executives have watched wearily in recent years as the relationship between the United States and Russia deteriorated, steadily closing off their ability to drill the vast shale plays underlying Siberia and the deep-water oil fields off Russia’s Arctic coast.
August 3, 2018New CNG Station Opens in Central Virginia
American Natural Gas announced it opened a fast-fill compressed natural gas station in Lynchburg, Va. The facility will primarily serve CNG tractor-trailers operated from a nearby plant of PepsiCo Inc.’s Frito-Lay division, but it will also be open to the public.
July 27, 2018Heartland Profits Jump 22% in 2Q as Revenue Rises
Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018DTNA Selects Penske, NFI to Test Vehicle Electrification
Daimler Trucks North America announced Penske Truck Leasing and NFI Industries will operate the first trucks in its Freightliner Electric Innovation Fleet of battery-electric eCascadia heavy-duty trucks and eM2 106 medium-duty trucks beginning late this year.
June 28, 2018Israeli Entrepreneur Races Tesla to Get Electric Trucks on Road
Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it to put the vehicles on the road this year.
June 19, 2018UPS Invests $130 Million in Natural Gas Vehicles, Infrastructure
UPS Inc. announced an additional $130 million investment in compressed natural gas vehicles, including 400 semi-tractors and 330 terminal trucks and five more fueling stations — underscoring the company’s role as a major catalyst for wide-scale adoption of natural gas vehicles.
June 19, 2018KAG Merges Two Units Into Merchant Gas Group
Kenan Advantage Group Inc. announced it merged its two merchant gas subsidiaries — Jack B. Kelley and Cryogenic Transportation — into KAG Merchant Gas Group.
June 12, 2018Pitt Ohio Tests Two Mack Anthem Natural Gas Trucks
Carrier Pitt Ohio is testing two natural gas-powered Mack Anthem models equipped with Cummins Westport ISX12N engines as it seeks to use alternative fuels to reduce emissions.
June 1, 2018PepsiCo to Add Stemco’s Fuel-Efficiency Devices
Stemco Products Inc. announced that PepsiCo Inc. will update 1,600 of its trailers with the company’s TrailerTail and EcoSkirt products to support its corporate sustainability targets.
May 7, 2018