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CLNE

The Shell-Westport Deal – Demers Interview Underlines the Risk For Clean Energy Fuels

Following last week’s deal between Westport Innovations (WPRT), provider of natural gas engine technology, and Shell (RDS-A) on a co-marketing agreement for natural gas solutions for the trucking industry in North America, Westport CEO David Demers gave an interview on CNBC’s Mad Money. You can read more about the original co-marketing deal here. The bottom line is that this [...]

Shell Deal Great For Westport But A Concern For Clean Energy Fuels

Westport Innovations (WPRT), provider of natural gas engine technology, received a major boost on Wednesday following the announcement of a co-marketing program with Royal Dutch Shell (RDS-A). Understandably, Westport itself rose 19.4% on the day. Perhaps less understandable was the 13.2% rise seen by Clean Energy Fuels (CLNE). The agreement between Westport and Shell launches a co-marketing program in [...]