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Total Results : 1068

GE beats Wall Street forecasts

  • 2015-10-20 04:48:04
  • David Flin
GE delivered quarterly earnings figures on October 16 that exceeded analysts’ expectations, as its businesses producing jet engines and power turbines offset declines in its oil and gas segment.

GE to move gas engine production to Canada

  • 2015-10-01 10:04:59
  • David Flin
GE Power & Water has announced that it will cease production of large gas engines at Waukesha, Wisconsin in the USA, and transfer production to a new $265 million plant it will build in Canada.

Akkuyu receives $3 billion investment despite licence delay

  • 2015-09-30 16:22:29

Turkey’s first nuclear power plant, the $20 billion-rated Akkuyu project, located in Mersin Province, has so far received an estimated $3 billion despite the required licenses having not been issued yet, says the company CEO.

Door opening for Peterhead gasification, carbon capture, gas turbine scheme

  • 2015-09-29 04:44:32
  • David Flin

It is considered likely that the UK Drax power station’s bid for funding for a £2 billion ($3 billion) carbon capture project will collapse, bringing a rival scheme in Peterhead back into competition for government support.

UK energy policy criticized as Drax quits carbon capture project

  • 2015-09-26 11:35:03
  • Junior Isles

The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.

Hinkley Point C wins new investment from British government

  • 2015-09-21 05:15:54
  • David Flin
George Osborne, Chancellor of the Exchequer of the UK, has announced that the UK government will make a fresh investment in the £24.5 billion Hinkley Point C nuclear power project.

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