Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project....
Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels....
Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from...
Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes...
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...
Dr Susan Hockfield, President of the Massachusetts Institute of Technology yesterday met with the Young Future Energy Leaders (YFEL) on the second day of the World Future Energy Summit (WFES). The meeting was part of the YFEL program for WFES 2011, which provides the bright talent in the renewable energy and sustainability space with the opportunity...
On the third day of the World Future Energy Summit (WFES), Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change, met with the Young Future Energy Leaders (YFEL), an initiative led by Masdar Institute. Christiana Figueres said: “Creating solutions to the climate change issues facing the world must involve the next...
Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman...
Masdar, Abu Dhabi’s multi-faceted initiative advancing the development and deployment of renewable energy and clean technologies, today announced it is significantly boosting its online social media efforts to facilitate and enhance worldwide dialogue, discussion and collaboration about the issues emerging from the fourth annual World Future Energy...
The Young Future Energy Leaders (YFEL), a program of the Masdar Institute, committed to raising awareness and engaging students and young professionals in the renewable energy and sustainability fields, announces its program and sponsors for 2011. Growing support from the private sector, including local companies such as Emirates Nuclear Energy Company...