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Naturalgas News

08 Oct 2014

Caterpillar Sponsors 2014 High Horsepower Summit

Caterpillar Inc. now underway in New Orleans, Louisiana. The event is North America’s leading conference on the use of natural gas to fuel high horsepower operations. As an industry leader in the design and manufacture of dual-fuel and natural gas engines, Caterpillar plans to highlight its commitment to delivering the highest customer value for energy and power systems operations, as well as rail, marine and mining applications. “We’re proud of where our natural gas heritage has brought us today and excited to lead the next wave of natural gas products and services taking shape in the industry,” said Caterpillar Vice President with responsibility for the Large Power Systems Division Tana Utley, who will present the keynote address at the Summit.

28 Jul 2014

LNG to Acquire Bear Head LNG Project in Canada for US$11 mi

Liquefied Natural Gas Limited today announced that it has significantly expanded its presence in the North American Liquefied NaturalGas (LNG) sector by signing an agreement to acquire 100% of Bear Head LNG Corporation (BHLC)from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for US$11.0 million. A 255-acre site comprising industrial-zoned land (180 acres) and deep-water acreage (75 acres) as well as foundations in place for two 180,000 cubic meter LNG tanks. The land has been cleared, a majority of site works completed and roads constructed. The Project Rights of the previously proposed LNG import terminal, including all assets, rights and obligations associated with the Bear Head project.