Tourmaline Oil (TSE:TOU) has released an update.
Tourmaline Oil Corp. and Clean Energy Fuels Corp. have opened two new compressed natural gas (CNG) fueling stations in Alberta, advancing the creation of Western Canada’s first commercial-grade CNG network. This initiative is part of a $70 million agreement aimed at displacing diesel with CNG, offering a cleaner and cost-effective fuel alternative for long-haul trucks. The network’s growth is supported by the introduction of Cummins’ X15N natural gas engine, which has been well-received in the trucking industry.
For further insights into TSE:TOU stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
