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 [...]
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 [...]
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 [...]
Paul Rolke, a 300-pound Robertson County man, was so outraged by plans to build a pulverized coal power plant within sight of his ranch that he went on a hunger strike last year, drinking little more than water for more than a week.
“This technology isn’t so last century,” said Rolke, who worries about pollution from [...]
General Electric Co. said Wednesday its GE Energy unit agreed to sell its hydro business to privately held Pescarmona Group of Companies.
Financial terms were not disclosed.
The sale includes GE Energy’s worldwide hydro business, excluding hydro operations in Norway and Sweden. GE said it’s considering an offer from Pescarmona Group for those as well.
Bolstered by election results, Gov. Ted Kulongoski says he wants to make Oregon a leader in the development of alternative energy.
He has developed a three-pronged energy plan, which includes combinations of mandates and tax breaks. Bill writers are already drafting proposals for early introduction to the Legislature, which convenes in January The election sustained a [...]
What started last fall as a straightforward merger between Sudbury’s two long-time nickel producers threatens to become a sell-off to U.S. interests of a huge chunk of Canada’s mining industry — one of our few industries in which Canadians still call most of the shots.
The proposed $40 billion (U.S.) mega-merger announced yesterday among the Canadian [...]
