Siemens is acquiring gas equipment manufacturer Dresser-Rand for $7.6 billion dollars in a move meant to help the German conglomerate capitalize on the US energy boom. Earlier this year Siemens bought “most” of Rolls-Royce’s civil energy operation for $1.3 billion. The acquisitions are also likely motivated by a desire to remain competitive with rival GE, which… Keep reading →
Projects in Seven States to Help Communities Become More Adaptive With Microgrids WASHINGTON – In support of President Obama’s Climate Action Plan and the Administration’s commitment to improve national power grid resiliency, today the Energy Department announced more than $8 million for microgrid projects to help cities and towns better prepare for extreme weather events… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
Here’s an interesting look at the Los Angeles region’s long oil production history. One surprising photo shows drilling rigs lining the Long Beach oceanfront in the 1950’s, a level of industrial development that would be anathema today. However, local communities adapted over time to oil development infrastructure in their midst and the still-producing reservoirs now… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
A claimed breakthrough in solid oxide fuel cell technology Earlier this week, General Electric announced that it is initiating an entrepreneurial effort to commercialize its solid oxide fuel cell (SOFC) technology for megawatt-scale stationary power applications. Billion-dollar fuel cell startup Bloom Energy also works with SOFC technology at this scale. GE has claimed a recent… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
As energy technology becomes increasingly sophisticated, the distinction between pure-play energy companies and technology companies becomes increasingly blurred. Whether it’s drilling technology, energy storage, wind turbine advancement, increased solar panel efficiency or power plant design – just to name a few cutting-edge fields – companies commercializing these advanced energy systems are adding computer scientists and… Keep reading →
GE’s apparently successful takeover of key segments of Alstom’s prized energy business raised eyebrows when many thought German energy giant Siemens would prevail. Siemens’ unwillingness to part with its train signaling business – a critical concession made by GE – is reportedly one aspect of the deal that tipped negotiations in GE’s favor. Interestingly, the… Keep reading →
