10222017Sun
Last updateThu, 19 Oct 2017 5pm

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Energy Industry in Line for $550 Million Headed For Texas

The American Recovery and Reinvestment Act of 2009 will provide an estimated $215.4 million through the State Energy Program. The funds are allotted to "areas critical to the development of clean, efficient American energy, including modernizing energy transmission, research and development of renewable energy technologies and modernizing and upgrading government buildings and vehicles," according to a Democratic Policy Committee news release.

Source: Reporter News

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Seven Small Cap Water Infrastructure Plays for the Stimulus Package

Fluid control has been an interesting niche area inside of water infrastructure. Since we waste so much of our water, companies specializing in pressure and control can really help us thwart a drought. Have a look at companies like Gorman-Rupp and Mueller Water Products for a little taste of the control equipment business.

Source: Seeking Alpha

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GE Oil & Gas to Build World's Largest Slurry Reactors for ENI's Sannazzarro Refinery

Oil and gas firm ENI S.p.A. has awarded GE Oil & Gas, a subsidiary of General Electric, a contract to provide ENI with the world's largest slurry reactors. Financial details have not been disclosed. The two reactors will play a critical role in ENI's Refining and Marketing division's expansion project at ENI's Sannazzarro refinery.

Source: Industrial Info Resources

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NAM: Stimulus May Put Some Wind in Clean Energy's Sails

Many of the jobs that the economic stimulus would create are generated by the parts of the plan that also are intended to help combat global warming and reduce the nation's dependence on fossil fuels.

Dorothy Coleman, the vice president of tax and domestic economic policy for the National Association of Manufacturers, said she didn't have an estimate of the number of energy jobs the stimulus plan might produce but that the association expected the renewable energy provisions to help some of its members expand production and add workers.

Source: McClatchy

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College Developing Oil-Gas Tech Program

Lackawanna College is in the first phase of developing a curriculum for a new oil and gas technology program it plans to launch this fall.

The school has consultant Larry Miliken and Jill Murray, the vice president for academic affairs, working with companies that have begun tapping the gas-rich Marcellus Shale, to see the types of skill and training workers need.

Source: Scranton Times

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