Capitalism, Nor Cronyism, Is What We Need; Especially in Energy

Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. .… … [Editor’s Note: Crony capitalism or real capitalism? The answer is obvious yet too many companies in recent years, GE being the prime example, drifted toward the former.] A May 27, 2020, piece at EnergyWire (E&E News) reported the latest

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GE’s voting share in Bhge dropping below 50%

Baker Hughes, a GE company (Bhge) announced Tuesday General Electric and its GE Oil & Gas US Holdings I, GE Holdings (US), and GE Oil & Gas US Holdings IV units have begun a secondary offering of 105 million shares of Bhge Class A common stock. The offering’s underwriters will have a 30-day option to

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Eastern Ohio to Receive GE’s New Most Advanced, Gas Turbine Ever

Tom ShepstoneShepstone Management Company, Inc. GE will provide its record-setting HA gas turbine, the company’s most advanced and efficient technology ever, for a new energy project in Eastern Ohio. Fortress Transportation and Infrastructure Investors LLC is developing a project known as the  Long Ridge Energy Terminal in Eastern Ohio. It will, according to the company,

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