Tag Archives: gas

Siemens Spinoff: Energy, Divided

Conglomerate separates gas, power, renewables due to low demand for gas turbines Remember when the beloved show Cheers took one of its popular but niche-y characters and gave Frasier his own platform to operate? This is (kind of) like that! German conglomerate Siemens AG said it will spin off and give up its majority stake […]

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Nukes, Oil, and Gas

Revised tax bill, factory output show volatility in energy markets December 15 saw the release of a Congressional tax proposal¬†with striking implications for all corners of the energy sector. The proposal, which is still subject to adjustments but a likely rubric of what’s to come, included incentives for electric vehicles and wind power and rectified […]

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Shift In Power

Election result brings uncertainty to the power sector; what happens now? The unexpected results of Tuesday night and early Wednesday morning sparked uncertainty in a number of industries across the country. One area that will now float into uncharted territory is the power sector. Many utilities were focusing on reducing carbon emissions, modernizing the grid, […]

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Energy Juggernaut?

GE Oil & Gas merges with Baker Hughes General Electric announced a merger of its oil and gas business with energy services provider Baker Hughes in a deal that structures the new publicly traded entity as a partnership jointly owned by each company’s shareholders. According to GE and Baker Hughes, the new company would have […]

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