In a sign that large fossil-fuel power plants may be falling out of favor, French engineering company Alstom on Monday announced plans to cut 4,000 jobs in the next 17 months. Alstom cited low demand for its coal and natural-ga…
GE has signed agreements worth about $700 million to supply Saudi Arabia with equipment for a new gas-fired power plant. It will provide 15% of the power generation capacity in Saudi Arabia’s central region.
Co…
Pacific Gas and Electric (PCG) released a list of 100 high priority gas lines in California, 11 days after a gas main exploded in San Bruno, killing at least four people.
PG&E compiled the list using criteria including potential for corrosion and the potential for third-party damage such as construction, the company said on its website.
The pipeline in San Bruno was not on the…
Continue reading PG&E Releases List of 100 High Priority Gas Lines in California
PG&E Releases List of 100 High Priority Gas Lines in California originally appeared on DailyFinance on Tue, 21 Sep 2010 08:50:00.
Filed Under: Energy, Company News, Technology, People, Green
PG&E shares plunged $4.03 on Friday to $44.21 one day after the blast. Investors continued taking profits on Monday, but the stock then recovered to close up a nickel. Still, the ultimate impact will depend on the investigation…
Airgas’ board of directors unanimously rejected an increased bid of $65.50 a share from larger competitor Air Products & Chemicals.
Continue reading Airgas Rejects Increased $5.5 Billion Bid from Air Products
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