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Stock Market & Financial Investment News

News Breaks
December 16, 2013
10:14 EDTRDS.A, RDS.B, CATShell, Caterpillar sign agreement exploring LNG fuelling options for trucks
Shell Canada (RDS.A, RDS.B) and Caterpillar (CAT) have signed an agreement to test a new engine and fuel mix using liquefied natural gas 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.
News For B;CAT From The Last 14 Days
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April 9, 2014
09:33 EDTCATBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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April 6, 2014
18:07 EDTCATCaterpillar likely to face more IRS pressure, WSJ says
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