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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:03 EDTGEGE, Taiwan Power sign five-year, $11.4M wind turbine service agreement
GE and Taiwan Power Company have signed a five-year, full service agreement covering 26 GE 1.5-megawatt class wind turbines operating throughout Taiwan. Under the agreement, valued at nearly $11.4M, GE will provide a full scope of services including planned and unplanned maintenance, repairs and spare parts. The agreement guarantees fleet availability of greater than 95%.
News For GE From The Last 14 Days
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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
06:25 EDTGEGeneral Electric to focus on finance, industrial equipment, WSJ reports
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