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Two hurdles for the projects could delay NRG’s plans indefinitely, however.
Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an investor day in New York.
Cheney said the U.S. should get more involved with energy diplomacy to weaken its enemies
Crude prices tumbled below $30 a barrel on Friday as traders watched for signs Iran will pass a final regulatory test to put its oil exports back into oversupplied global markets.
Texas accounted for more than one-third of the new wind and natural gas-fired power added to the nation’s electric grid this year through September.
The uranium oxide is located in sandstone formations throughout the South Texas coastal area nearer the Gulf of Mexico. The area already has two active mines with companies actively exploring for uranium.
The Roserock solar farm will provide power to the city of Austin and surrounding areas through a 20-year power purchase agreement with the municipally owned Austin Energy.
Fluor posted relatively flat net income of $176 million from continuing operations for the third quarter that was down 3 percent from last year, but revenues were down much more and the energy engineering and construction company reduced its earnings guidance going forward.
CB&I, which operates out of The Woodlands but is formally domiciled in the Netherlands, reported well more than $2 billion in 2014 revenues from its nuclear business, but conflicts and delays have arisen from major nuclear construction projects in Georgia and South Carolina with Westinghouse as a partner. Outside of projects in China, CB&I has expressed some concerns about the lack of new nuclear projects on the drawing board.
While natural gas plants are considered more environmentally friendly than their coal counterparts, the report notes natural gas production is linked to the emission of methane — the main component of natural gas — which is a “potent climate change pollutant.”