Shell, GE to build nation’s first LNG fueling stations for cargo ships
Royal Dutch Shell Plc, General Electric Co. and a company co-founded by T. Boone Pickens are planning investments in natural-gas-powered shipping as record U.S. output spurs the merchant fleet to use a...
View ArticleHouston electricity retailer launches $63 million IPO
Houston-based electricity and gas retailer Spark Energy launched its initial public offering Monday seeking $57 million to $63 million.
View ArticleProject aims to trade calendar for risk in maintaining BOPs
Oil companies, drilling contractors and manufacturers are collaborating on a project to shake up the way the emergency devices known as blowout preventers are kept in good condition.
View ArticleTexas hits new wind power milestone on Thursday
At 12:38 a.m. Thursday, the grid that manages nearly 90 percent of Texas' electricity load hit 12,237.6 megawatts of wind generation — nearly 37 percent of the grid's load at the time — besting the...
View ArticleStatoil greenlights world’s first floating wind farm
After installing its first large-capacity, operational wind turbine floating offshore in 2009, Statoil said the project costs have reduced by more than 60 percent.
View ArticleIndustry report: Majority of energy sector thinks it is repeating mistakes
About 56 percent of 920 global energy executives surveyed believe too many companies are short-sighted about making quick cutbacks, said the "A New Reality" report from DNV GL, a leading technical...
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