DTE Energy today announced it completed the $1.3 billion purchase of midstream natural gas assets in Pennsylvania and West Virginia.
"This completed acquisition is a great addition to our portfolio and supports both our strategy in this segment and our drive to continue to grow and earn strong returns for shareholders," said Gerry Anderson, DTE Energy chairman and CEO.
The acquired assets are in a highly productive area of the Southwest Marcellus/Utica region and have significant expansion...
Natural Gas & LNG Oct 20, 2016
Royal Dutch Shell plc, through its affiliate Shell Canada Energy ("Shell") today announced it has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million (C$1,369 million). The consideration is comprised of $758 million in cash and Tourmaline shares valued at $279 million. Subject to regulatory approvals the transaction is expected to close in the fourth quarter of 2016.
Oil and Gas Oct 20, 2016
Global Lithium Ion Battery Cells Industry 2016 Market Research Report
In critical facilities, uptime is essential. When main power becomes interrupted, these applications depend on backup systems to ensure crucial equipment remains up and running. Not all mission-critical facilities are the same, though, and neither are their backup power needs. Adding to its extensive set of offerings, today, GE (NYSE: GE) unveiled a new series of flywheel uninterruptible power supply (UPS) systems. The new flywheel UPS systems range from 50 to 1,000 kilovolt-amperes and integrat...
Power Generation Oct 20, 2016
The Key Players in Global Battery Market for Railways 2016-2020
The report recognizes the following companies as the key players in the global battery market for railways: EnerSys, Exide India Limited, Exide Technologies, HBL, and Saft.
Other Prominent Vendors in the market are: Amara Raja, HOPPECKE, GS Yuasa, and Quallion LLC.
Commenting on the report, an analyst said: "One of the key trends for market growth will be growth in urban mobility solutions. With economic growth, countries a...
Power Generation Sep 29, 2016
KBR, Inc. (NYSE: KBR) announced today the award of a pre-front end engineering and design (FEED) study for PT Australasia LNG Indonesia's (AALNG) new proposed LNG Hub terminal in Probolinggo, East Java, Indonesia. This is KBR's first contract with AALNG.
Under the terms of the contract, KBR will provide a pre-FEED study for the onshore LNG regasification and truck loading distribution facilities of AALNG's proposed LNG Hub Terminal. The pre-FEED study will be further developed for subsequent ...
Natural Gas & LNG Oct 19, 2016
Siemens received an order to deliver the main components for installation at SaskPower's planned Chinook Power Station - a 350 megawatt (MW) natural gas-fired power plant to be located near Swift Current, Saskatchewan in Canada. Customer is the Canadian engineering and construction company Burns & McDonnell. The thermal power project, scheduled for operation in the fourth quarter of 2019, will be able to power about 300,000 homes.
Siemens will supply one SGT6-5000F gas turbine, the SST-900 st...
Natural Gas & LNG Oct 19, 2016
About a mile beneath the Earth's surface in an old gold mine, Lawrence Berkeley National Laboratory (Berkeley Lab) scientists have built an observatory to study how rocks fracture. The knowledge they gain could ultimately help reduce greenhouse gas emissions and accelerate deployment of clean energy technologies.
The observatory is part of a Department of Energy (DOE) initiative that seeks to address challenges associated with the use of the subsurface for energy extraction and waste storage....
Storage Oct 19, 2016
Global Oil and Gas Separator Market Professional Survey Report 2016
Ascent Solar Technologies, Inc. (OTCQB: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the Company's EnerPlex(tm) series of consumer products, announced today that the Company has entered into a Securities Purchase Agreement ("Agreement") with a new accredited investor ("Investor") for the private placement of $1 million of the Company's newly designated Series J-1 10% Convertible Preferred Stock ("Series J-1 Preferred Stock").
Solar Oct 19, 2016