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Westport Innovations Inc. Message Board

  • busy26795 busy26795 Dec 16, 2013 10:21 AM Flag

    WPRT Westport Innovations popping on Shell news

    WPRT Shell Canada has signed a deal with Caterpiller (CAT) to explore LNG fueling options for mining trucks (18.81 +0.33)

    WPRT and CAT announced an agreement back in June 2012 where WPRT would develop natural gas technology for off-road equipment for CAT.

    Sentiment: Strong Buy

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    • Seems like a lot of stuff growing in 2014 to 2016. The trials for this begin in 2016. When are the engines sold? And is WPRT paid to help develop these engines? A license fee for the technology? Patents?

    • OURCE Shell Canada Limited

      LNG in heavy hauler trucks could reduce costs and emissions at oil sands mines

      CALGARY, Dec. 16, 2013 /CNW/ - Shell Canada and Caterpillar have signed an agreement to test a new engine and fuel mix using liquefied natural gas (LNG) that could reduce operating costs and lead to reduced emissions from oil sands mining in northern Alberta.

      Caterpillar will leverage its experience with LNG in other applications, and will continue development work to design and build a fully integrated mining truck where LNG displaces most of the diesel power - also known as dual fuel. Through this agreement, Caterpillar will test the design at Shell's oil sands operations located near Fort McMurray.

      In addition to the new truck Caterpillar is developing, Shell will also retrofit existing trucks from its fleet with the new engine for the trial, as well as provide fuelling infrastructure, at its Shell Albian Sands operation near Fort McMurray. This trial follows a trend for Shell in looking at options to use Canada's abundant natural gas as a fuel in marine and road transportation, and other industrial situations.

      "To succeed commercially in the future, we believe we have to be able to compete both economically and environmentally. We believe that is what Canadians want," said Shell's VP, Oil Sands, John Rhind. "With heavy hauling being such a core part of our operation, success with this could make a real difference in our operations costs and emissions."

      "We are excited to collaborate with Shell on this latest initiative to power Cat® mining trucks with Caterpillar's LNG technology. Many of our customers are asking for natural-gas powered equipment in order to reap the financial and environmental benefits. This agreement further builds upon our efforts in delivering cost effective, reliable and innovative solutions to our customers," said Chris Curfman, Caterpillar Vice President with responsibility for Mining Sales & Support Division.

      Field testing of dual fuel powered mining trucks at Shell's oil sands operations is expected to begin in 2016, with the trial expected to last up to one year.

      Shell has long been at the forefront of transport fuel innovation. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric

    • just a question of time for mining and marine to catch on strong
      we have here a very good opportunity for long term investors

      Sentiment: Buy

 
WPRT
13.49+0.50(+3.85%)Apr 17 4:00 PMEDT

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