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Summit project still moving forward


THE WORLD IS WATCHING — and waiting for the ground to break on what is touted to be the cleanest coal gasification plant in the world. Officials with the Summit Power Group’s Texas Clean Energy Project insist the plans for construction are moving forward. The 400-megawatt plant is to be located on a 600-acre site in Penwell and is designed ...

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Texas oilman, fracking pioneer Mitchell dies at 94


HOUSTON (AP) — George P. Mitchell leveraged a penchant for hard work, an appetite for risk and dogged persistence in the face of futility into a technological breakthrough that reshaped the global energy industry and made the wildcat oilman a billionaire. Mitchell, the developer and philanthropist who also is considered the father of fracking, doggedly pursued natural gas he and ...

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Hydrofracking seen as having heavy impact on society

oil rig

Even if natural gas wells are never drilled in the Glens Falls region, the process of hydraulic fracturing is going to have an impact on our economy, politics and environment. The process of extracting natural gas from deep rock formations using high-pressure water containing sand and chemicals is considered a bane to the environment by many. Many more believe it ...

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Siemens pulls plug on last solar energy business

MUNICH (Reuters) – German industrial conglomerate Siemens is shutting down the last of its solar energy businesses after it failed to find a buyer, the company said on Monday. Confirming a report in German newspaper Handelsblatt, a spokesman for Siemens said the group would close Solel by early next year. The Israeli business has accumulated losses of around 1 billion ...

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China to become global energy lab


CHENGDU (China Daily/ANN) — China will become the world’s energy laboratory for decades to come, as the country continues to create a greener economy, experts said at the Chengdu Fortune Global Forum on Friday. “The transition from fossil fuels to green energy will take decades, but we can start with something such as natural gas,” said Sun Simin, chairman of ...

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