Energy Headlines

Energy Headlines
President Obama announces $3.4 billion investment in smart grid
President Barack Obama is announcing $3.4 billion in grants to help build the smart grid, according to the White House.
Carolinas nuclear facilities boost area economy
The Carolinas nuclear industry tops 37,000 jobs, more than $2 billion in payroll and more than $750 million paid in state and local taxes.
Production begins from Cormorant field well
A sidetrack from the CN30 well on the Cormorant field has started production, according to TAQA Bratani. The well is expected to produce around 10,000 boe/d.
GAC Group establishes arctic base
GAC Group has established a base on the Svalbard archipelago in the Arctic Ocean, halfway between mainland Norway and the North Pole. The company has also teamed with Pole Position Spitsbergen to form GAC-Pole Position