NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment

Credit to Author: Sonal Patel| Date: Thu, 22 Dec 2022 21:51:49 +0000

NET Power Plant

NET Power will combine with Rice Acquisition Corp. II (RAC II), a decarbonization solutions special purpose acquisition company (SPAC), in a new business direction designed to accelerate the deployment of NET Power’s much-watched novel natural gas–fired power plant technology. When the business combination transaction closes as expected in the second quarter of 2023, the new company, […]

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Oil and Gas Heavyweights Seek Lifeline in Clean Energy and Tech Sectors

Credit to Author: Aaron Larson| Date: Wed, 30 Oct 2019 13:21:02 +0000

The post Oil and Gas Heavyweights Seek Lifeline in Clean Energy and Tech Sectors appeared first on POWER Magazine.

Oilfield service providers are increasingly moving beyond oil and gas development work, and into renewable energy projects, according to a study conducted by Rystad Energy, an independent research and business intelligence company that provides data, tools, analytics, and consultancy services to the global energy industry. In findings released on Oct. 29, Rystad said that oil […]

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Business and Leadership Shakeups Continue at GE

It’s been a tumultuous couple of years for GE. The company’s stock price has been decimated by the market, decreasing more than 75% from a high of nearly $32 a share as recently as December 2016. Dow Jones removed the company from its benchmark Industrial Average in June, and GE’s Board of Directors sacked CEO […]

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