It was not so long ago that the “peak oil” theory drove investors’ appetites for oil and gas companies. Energy had a solid reputation as a growth industry, and investment models — based on steadily increasing demand — equated reserves growth to shareholder value on the balance sheet. Dividends were secondary to shareholder value and presumed to be reliable, stemming from reserves growth. Logically, financial incentives at exploration and production (E&P) and oilfield service (OFS) companies…
Columbia Gas unveils renewable natural gas fleet vehicle
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
