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Stock Market & Financial Investment News

News Breaks
November 15, 2012
09:04 EDTGE, RNFGeneral Electric is administrative agent on $300M credit for Rentech Nitrogen
GE (GE) Capital, Corporate Finance is administrative agent on a $300M cash flow credit facility for Rentech Nitrogen (RNF). The financing funded the acquisition of Agrifos, will support future growth projects and provide working capital.
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September 10, 2014
09:09 EDTGEGE provides technology, capital to quicken Texas project construction
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09:07 EDTGEGE, Statoil, Ferus Natural Gas Fuels announce pilot project expansion
A joint venture of GE (GE) and Ferus Natural Gas Fuels,along with Statoil (STO) announced the planned expansion of a pilot project to capture flare gas and use it to power up to six of Statoilís drill rigs and one frac fleet in North Dakota. The expansion is the first step by Statoil to move into full commercial adoption of the GE and Ferus NGF joint ventureís Last Mile Fueling Solution, which is expected to reduce emissions and provide cost-savings and logistics solutions for the companyís Bakken oilfield operations. The company anticipates this new commercial expansion will increase its flare gas capture to between 3M-5M standard cubic feet per day by the end of 2014, equating to GHG emissions reductions of between 120K and up to 200K metric tons per year, or the equivalent of removing between 25K-45K cars from the road.
September 9, 2014
08:52 EDTRNFFertilizer estimates lowered at Cowen
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06:25 EDTGEGeneral Electric to focus on finance, industrial equipment, WSJ reports
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