GSE Systems, Inc. a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and government sectors, today announced Jim Eberle, Chief Executive Officer, is scheduled to present at the 13th Annual Needham Growth Conference on January 12th, 2011 at 4:50 pm ET. The conference is being held at the New [...]
PBF Energy Company LLC today announced that its subsidiary, PBF Holding Company LLC, has completed its purchase of the Paulsboro Refining Company in Paulsboro, New Jersey from Valero Energy Corporation. The acquired assets include an 180,000 barrel per day refinery, and an associated natural gas pipeline. The purchase price is $340 million, subject to certain [...]
SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its industry-leading solar cells have been incorporated into the unique architecture of the California Academy of Sciences (Academy) in Golden Gate Park, San Francisco, Calif., which is re-opening its new home this weekend.
The Academy’s new building features [...]
Initial inspections of the Gulf Coast’s extensive energy complex confirmed Tuesday that Hurricane Gustav was nowhere near as destructive as Katrina and Rita three years ago, but resumption of production and refining may be a few days away, or more.
Oil companies, rig and pipeline owners and refiners spread out across the region to look for [...]
Sustainable Power Corp. announce that it has received its initial payment on the 7,000 gallons of biocrude that was purchased by the company’s strategic partner, Envirocompanies, Inc. This payment represents the beginning of the income stream for Sustainable Power Corp. from its products. The biocrude is further refined and processed into BG100 biogas, jet fuel, [...]
As consumers seek solutions to energy challenges, many of the vehicle technologies with the potential to lead us from a world of energy scarcity to a world of energy abundance are known and their development should be accelerated, said Peter Marks, chairman, president and CEO of Robert Bosch LLC, while speaking at the Management Briefing [...]
The Ethiopian Electric Power Corporation (EEPCo) signed a €210 million ($285 million) deal with French wind turbine maker Vergnet today for 120 1-megawatt wind turbines. This is a huge project for the developing country, potentially representing 15 percent of EEPCo’s present capacity. Delivery of the turbines is scheduled to start next year with construction to [...]
Greenline Industries, provider of biodiesel production platforms, has received major kudos from Inc. Magazine. Not only is Greenline No. 7 on its annual ranking of the 5000 fastest-growing private companies in the U.S., but also No. 1 in both the Energy Sector and Top 100 Businesses in San Francisco-Oakland-Fremont, CA. Greenline attributes much of its [...]
Capstone Turbine Corporation, the world’s leading manufacturer of microturbine energy systems, today announced that it has received payment from UTC Power, a United Technologies Corp. company, for completion of the “Microturbine Build” milestone as part of the 200kW microturbine development and commercialization program.
The “Microturbine Build” milestone marks the completion of five of the six milestones [...]
Ongoing production challenges at Sonatrach’s aging Algerian LNG complex has played a role in the recent record global spike in LNG prices experienced this summer, according to Waterborne Energy, a Houston-based consulting firm that specializes in LNG markets.
“In April, it was reported that production would be reduced at Arzew due to scheduled maintenance,” says Steve [...]