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TOURMALINE AND CLEAN ENERGY OPEN NEW CNG STATIONS, ADVANCING WESTERN CANADA'S FIRST COMMERCIAL-GRADE NATURAL GAS FUELING CORRIDOR
TOURMALINE AND CLEAN ENERGY OPEN NEW CNG STATIONS, ADVANCING WESTERN CANADA'S FIRST COMMERCIAL-GR...
About this update from Tourmaline Oil Corp.
[{"type":"text","content":"\n\n\n\n TOURMALINE AND CLEAN ENERGY OPEN NEW CNG STATIONS, ADVANCING WESTERN CANADA'S FIRST COMMERCIAL-GRADE NATURAL GAS FUELING CORRIDOR\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n The expanding network of fueling stations represents a significant diesel displacement opportunity by providing a reliable source of compressed natural gas (CNG) for long-haul trucks and other fleets.\n \n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Oct. 22, 2024\n \n\n /CNW/ - Tourmaline Oil Corp. (TSX: TOU) (\"Tourmaline\") and Clean Energy Fuels Corp. (NASDAQ: CLNE) (\"Clean Energy\") announced today the opening of two new compressed natural gas (CNG) fueling stations in\n \n Alberta\n \n , marking a key milestone in their continuing efforts to build\n \n Western Canada's\n \n first commercial-grade public CNG fueling network. The new locations in\n \n Calgary\n \n and\n \n Grande Prairie\n \n , along with the Edmonton station which opened in\n \n April 2023\n \n , establish a crucial transportation corridor for trucking companies converting their fleets from diesel to CNG.\n \n\n\n\n\n\n\n\n\n Powering long-haul trucks and other fleets with CNG results in lower emissions of carbon dioxide, nitrogen oxides, sulphur dioxide and particulate matter compared to traditional diesel-powered vehicles.\n \n\n \"We are expanding our multi-year diesel displacement initiative by making CNG more readily available to heavy-duty trucking companies,\" said\n \n Michael Rose\n \n , Chairman, President and CEO, Tourmaline. \"Right here in\n \n Alberta\n \n , we have the technology, an abundance of natural gas, and now the infrastructure to help facilitate a transformative shift in the transportation sector.\"\n \n\n The\n \n\n $70 million\n \n Joint Development Agreement\n \n between Tourmaline and Clean Energy was announced in\n \n April 2023\n \n , along with their commitment to build up to 20 CNG fueling stations across\n \n Western Canada\n \n in the next five years. In just over a year, their customer base has grown to nine market-leading...