#167 Philip Fjeld - Lessons From Co-Founding Flex LNG, How To Decarbonise Trucks With ReFuels, And Advice For Entrepreneurs

Philip Eystein Fjeld has been working in the natural gas industry since 2002 when he joined Hoegh LNG, an LNG ship owner in Oslo. He later co-founded Flex LNG together with Jostein Ueland and Trym Tveitnes. The company was later bought by the John Fredriksen system.

Philip then decided to start CNG Fuels in 2014. Which today operates the UK’s largest CNG refuelling network. RTFS was founded in 2017 and is Europe’s largest supplier of unsupported biomethane to the transport sector. The two businesses have combined in 2023 to make ReFuels, forming a fully integrated energy supplier dedicated to decarbonising Europe’s commercial fleet.

00:00 - How Philip ended up in the gas industry and co-founding FLEX LNG

05:12 - Are there any regrets and learning from the FLEX LNG journey?

08:20 - What sparked the idea for ReFuels / CNG Fuels

11:08 - How to convince people and companies to buy your solution / product

15:15 - How to replace diesel as a fuel for trucks

18:08 - Why energy needs to be reliable, cost-effective and available at scale

23:30 - Why list ReFuels on the Stock Exchange, and what's next?

27:50 - Why list a company in Norway, and not UK or Holland

30:00 - How to invest in green energy stocks?

38:30 - How much can the biogas market grow globally?

42:15 - What you need to succeed as an entrepreneur

46:35 - Where should you move to live and build your career

49:55 - Outro

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