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Enphase Energy and Sunpro Solar Celebrate Continued Success

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FREMONT, Calif., Sept. 19, 2019 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Sunpro Solar has installed as many Enphase-based solar systems in the last 12 months as it has since its founding in 2008. In September 2018, Sunpro Solar Read More

Kvaerner invests to increase productivity and competitiveness

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Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

McDermott is said to hire restructuring firm for turnaround advice

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By Allison McNeely and David Wethe on 9/19/2019 NEW YORK (Bloomberg) – McDermott International hired restructuring firm AlixPartners for strategic and operational advice as the company seeks to shore up its balance sheet, according to a person with knowledge of the matter. The Houston-based company’s stock plunged as much as 76% Wednesday — trading was Read More

Saudis keep oil flowing as they patch up wounded industry

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By Anthony DiPaola on 9/18/2019 DUBAI (Bloomberg) – Saudi Arabia reassured anxious customers that crude exports will keep flowing as normal and its industry can recover quickly from the worst attack in its history. Crude prices fell after Tuesday’s long-awaited statement from the kingdom — which pumped almost 10% of the world’s oil before the Read More

Saudi Arabia partially restores output at damaged oil plant

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By Anthony DiPaola on 9/17/2019 DUBAI (Bloomberg) – Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world that crude exports will not suffer, its damaged facility had partially restarted and production capacity would be back to normal within months. The long-awaited statement on Tuesday from the kingdom — Read More

Saudi oil output to recover in two or three weeks after attack: sources

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LONDON/DUBAI (Reuters) – Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks. A satellite image showing damage to oil/gas Saudi Aramco infrastructure at Abqaiq, Read More

Iran rules out talks as Trump blames Tehran for Saudi oil attack

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DUBAI/WASHINGTON (Reuters) – Iran’s supreme leader on Tuesday ruled out talks with Washington after President Donald Trump blamed Tehran for a crippling attack on Saudi Arabia’s oil facilities. Iran’s Supreme Leader Ayatollah Ali Khamenei gives a speech to a group of scholars and seminary students of religious sciences in Tehran, Iran September 17, 2019. Official Read More

Trump after Saudi oil attack: ‘I don’t want war but we are prepared’

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By Sanya Burgess, news reporter Donald Trump has said it is “looking like” Iran was behind the attacks on Saudi Arabia’s oil facilities, but he has insisted that he does not want war. The president said he is not looking at retaliatory options until he has “definitive proof” that Tehran was responsible, but added that Read More

U.S. solar market growth slows this year as projects pushed back

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FILE PHOTO: An array of solar panels is seen in the desert near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson/File Photo (Reuters) – The U.S. solar market will grow more slowly than previously forecast this year as some large projects are shifted into 2020, an industry trade group said on Tuesday. The Solar Energy Read More

Saudi oil attack: ‘Looking like’ Iran was responsible, says Trump

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By Sanya Burgess, news reporter Donald Trump has said it is “looking like” Iran was behind the attacks on Saudi Arabia’s oil facilities but has insisted that he does not want war. The US president said he was not looking at retaliatory options until he has “definitive proof” that Tehran was responsible, but added that Read More