Latest Energy industry News
EU pledges $96M loan to Cameroon to boost infrastructure
YAOUNDE, Cameroon (AP) — The European Union pledged Tuesday to lend 91 million euros ($96 million) to Cameroon over the next three years to boost the West African country's infrastructure and attract foreign investment. The loan was announced during a meeting between Cameroonian...
Company announces nearly $712 million project in Kentucky to make batteries used to store energy
FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as increasingly important to help secure a reliable electric grid for the country, officials said Friday....
Clean energy could create millions of tons of waste in India. Some are working to avoid that
KENCHANAHALLI, India (AP) — On the edges of a dense forest in southern India, six women in a small garage are busy stitching cloth bags, pants, hospital gowns and office uniforms with automated sewing machines. About four years ago, power cuts constantly interrupted their work....
Chart Industries: Q3 Earnings Snapshot
BALL GROUND, Ga. (AP) — BALL GROUND, Ga. (AP) — Chart Industries Inc. (GTLS) on Friday reported third-quarter net income of $62.2 million. On a per-share basis, the Ball Ground, Georgia-based company said it had profit of $1.33. Earnings, adjusted for non-recurring costs and to...
Forum Energy: Q3 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $14.8 million in its third quarter. On a per-share basis, the Houston-based company said it had a loss of $1.20. Losses, adjusted for non-recurring costs, came to 19 cents per share....
In diesel-dependent East Timor, renewable energy transition remains slow despite government pledges
JAKARTA, Indonesia (AP) — East Timor is at an energy development crossroads. While the small Southeast Asian nation — and one of the world's youngest countries — has made international and domestic pledges to reduce its carbon footprint through untapped solar and other...
Knot Offshore: Q2 Earnings Snapshot
ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Tuesday reported a loss of $12.9 million in its second quarter. On a per-share basis, the Aberdeen, Britain-based company said it had a loss of 38 cents. Earnings, adjusted for asset impairment...
