GE to funnel billions into oil field technology – FuelFix (blog)


PennEnergy (press release)
GE to funnel billions into oil field technology
FuelFix (blog)
And while the initiative has involved research into wind turbines and power plants, many of the newer programs focus on exploiting byproducts of oil drilling to clean up and speed up development of the fossil fuel. GE CEO Jeff Immelt stressed that
GE to invest another $10 bn in clean energy technologyFox News Latino
GE will increase energy spending to aid drilling boom, Immelt saysReuters
General Electric To Spend $10 Billion On Green Technology ResearchBenzinga
PennEnergy (press release)
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