First woman to run top five oil company
Maria das Gracas Foster has become the first woman to run one of the world’s top five oil companies after she was officially named the CEO of Rio de Janeiro-based Petrobas. POET, Royal DSM announce ethanol venture
POET LLC, the largest U.S. ethanol producer, and Royal DSM, a Netherlands-based company, will invest USD 250 million to commercialize ethanol production from discarded corn cobs and stalks. MRC files for public offering of common stock
Formerly known as McJunkin Red Man Holding Corporation, MRC Global Inc. a Houston, Texas headquartered global distributor of pipes, valves and fittings, has filed a registration statement on Form S-1 for a proposed initial public offering of its common stock with the United States Securities and Exchange Commission. California’s wave power potential
Department of Energy has reported that waves off California's 1100mi coastline could generate more than 140 terawatt hours of electricity a year, enough to power 14 million homes, if tidal and wave energy was developed to its maximum potential. Tidal power project receives FERC license
On January 23, 2012 the Federal Energy Regulatory Commission (FERC) issued its first pilot project license for a tidal energy project in New York City’s East River.