Rio Tinto and General Electric announced that they are working together on two key strategic technology projects, Rio Tinto’s ‘Mine of the Future™’ and GE’s ‘Ecomagination’”, to develop the most energy efficient and ecologically friendly solutions to support the future of mining.
Combining GE’s expertise in environmental technologies with Rio Tinto’s deep mining knowledge creates a [...]

A General Electric subsidiary increased its share of solar technology company PrimeStar Solar Inc. to a majority stake.
GE Energy said in September 2007 that it had taken a minority stake in the company.
Golden, Colo.-based PrimeStar was formed in 2006 to develop and commercial thin-film photovoltaic modules. It has 60 employees.
Financial terms of the deal and [...]

Mesa Power, a renewable energy company founded by billionaire Texas oilman T. Boone Pickens, placed an order for 667 wind turbines from General Electric Co. as part of a $2 billion startup of what is slated to become the world’s largest wind farm.
“You find an oilfield, it peaks and starts declining, and you’ve got to [...]

Oil prices rose to an intraday trading record above $112 a barrel Tuesday after the U.S. dollar fell further and crude supplies to the U.S. and elsewhere were disrupted.
The main driver of crude’s rally was a decline in the greenback relative to the euro on Monday, analysts said. Crude oil’s recent run above $100 a [...]

COUNCIL BLUFFS, Iowa - From the top of a new coal-fired power plant with its 550-foot exhaust stack poking up from the flat western Iowa landscape, MidAmerican Energy Holdings chief executive David L. Sokol peered down at a train looping around a sizable mound of coal.
At this bend in the Missouri River, with Omaha visible [...]

It’s a little weird, but one of the big topics at the Cleantech Forum taking place this week is coal.
“Coal is going to be an enduring fuel source for the next 50 years, or even the next 100 years,” said Kevin Skillern, senior vice president of General Electric Energy Financial Services.
Skillern’s comment was similar to [...]

Duke Energy Corp. is seeking a federal cap on carbon-dioxide emissions at the same time the company is pushing for state approval to build two coal plants at its Cliffside facility in North Carolina.
Ten major companies, including Charlotte-based Duke (NYSE:DUK), are partnering with environmental groups to call for a nationwide limit on carbon-dioxide emissions that [...]

Medicine Bow Fuel & Power LLC, a subsidiary of DKRW Advanced Fuels LLC, announced today that it has entered into a long-term contract to sell 100% of the ultra-low-sulfur diesel fuel from its planned coal-to-liquids (CTL) facility in Medicine Bow, Wyoming, to Sinclair Oil Corporation, which will market the fuel in the Rocky Mountain region.
The [...]

Sinclair Oil Corp. has entered a long-term contract to market “ultra-low-sulfur” diesel fuel derived from a coal-to-liquids plant still in the planning stages in Wyoming.
Medicine Bow Fuel & Power LLC, a subsidiary of DKRW Advanced Fuels LLC, plans to build a coal-to-liquids processing facility in Carbon County with an output capacity of 13,000 barrels per [...]

General Electric agreed Monday to buy a drilling equipment maker, Vetco Gray, for $1.9 billion as dwindling oil and gas reserves prompt energy companies to increase their investment in opening new fields.
GE will gain 5,000 employees in more than 30 countries by acquiring Vetco from 3i Group, JPMorgan Partners and Candover Investments. The acquisition will [...]