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Berkshire Hathaway Energy
Berkshire Hathaway Energy (BHE) is a holding company and wholly-owned subsidiary of Berkshire Hathaway that, along with affiliates, generates, transmits, stores, distributes and supplies energy. BHE serves 5.3 million retail customers, generates 29 gigawatts of power and transports 8.2 billion cubic feet of natural gas per day. It owns five U.S. interstate natural gas pipeline companies with 21,000 miles of operated pipeline and with a design capacity of 21 billion cubic feet of natural gas per day. BHE is investigating producing lithium carbonate and other minerals from its 350 MW geothermal power plants in the Lithium Valley next to the Salton Sea in California. History The company was formed as a holding company for MidAmerican Energy Company. In 1999, Berkshire acquired a controlling stake. David L. Sokol was CEO until early 2008. He left Berkshire in 2011 after he personally made a $3 million profit from Berkshire Hathaway's purchase of Lubrizol. In 2014, the company ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lubrizol
Lubrizol Corporation is an American provider of specialty chemicals for the transportation, industrial and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products, pharmaceuticals and medical devices, specialty materials, including plastics technology, and coatings in the form of specialty resins and additives. Since 2011, Lubrizol has been a subsidiary of Berkshire Hathaway. It generated $6.5 billion in revenue in 2016 and has an employee headcount of approximately 8,300 people globally. History The Lubrizol Corporation was founded in 1928 as The Graphite Oil Products Company in Cleveland, Ohio, by father Frank A. Nason and son Francis A. "Alex" Nason, Thomas W. James and brothers Kent H. Smith, Vincent K. Smith and A. Kelvin Smith. The company's first product was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dynegy
Dynegy Inc. is an electric company based in Houston, Texas. It owns and operates a number of power stations in the U.S., all of which are powered by fossil fuels. Dynegy was acquired by Vistra Corp on April 9, 2018. The company is located at 601 Travis Street in Downtown Houston.Heschmeyer, Mark. "Dynegy Bails on 181,000-SF Houston Office Lease." CoStar Group News. July 11, 2012. Accessed 2012-07-12. The company was founded in 1984 as Natural Gas Clearinghouse. It was originally an energy brokerage, buying and selling natural gas supplies. It changed its name to NGC Corporation in 1995 after entering the electrical power generation business. The company adopted the name Dynegy in 1998. Dynegy maintained a rivalry with the Houston-bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Natural Gas Company
InterNorth Inc. was a large energy company headquartered at the Northern Natural Gas Building in Omaha, Nebraska, in the United States, specializing in natural gas pipelines but also a force in the plastics industry, coal and petroleum exploration and production. It was a predecessor to Enron Corporation. InterNorth was founded in 1931 as Northern Natural Gas Company. Over the years, it acquired several other subsidiaries, such as Northern Liquid Fuels Company, Northern Petrochemicals Company, Northern Propane Gas Company, Northern Border Pipeline Company, and People's Natural Gas. In March 1980, Northern Natural Gas reorganized as a holding company, InterNorth. They operated the largest natural gas pipeline in North America (approximately 36,000 miles of pipeline). In 1980-81, the company launched an unsolicited takeover bid for Crouse-Hinds Company, which wound up being acquired by Cooper Industries the following year. The company continued to pursue expansion opportunities. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Bakersfield Californian
''The Bakersfield Californian'' is a daily newspaper serving Bakersfield, California and surrounding Kern County in the state's San Joaquin Valley. History ''The Bakersfield Californian'' is the direct descendant of Kern County's first newspaper, ''The Weekly Courier'', which was first published on Aug. 18, 1866, in Havilah, California. At that time, Havilah, a small mining town about 50 miles northeast of the present site of Bakersfield, was the center of the 1864 gold rush, which brought the first major population influx to Kern County. The newspaper's name was later changed to ''The Havilah Weekly Courier''. As the mineral wealth of the area became depleted and the population moved southward toward Bakersfield, the newspaper also moved to Bakersfield in 1872, becoming ''The Kern County Weekly Courier''. In 1876, the ''Courier'' merged with another Bakersfield newspaper, ''The Southern Californian'', to form ''The Kern County Californian''. Its name was changed to ''The Dail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kern River Pipeline
Kern River Pipeline is a long natural gas pipeline line extending from southwestern Wyoming to its terminus near Bakersfield, California. The pipeline supplies local gas distribution companies, power plants, and heavy industry in Utah, Nevada, and California. It is owned and operated by the Kern River Gas Transmission Company, a subsidiary of Berkshire Hathaway Energy. Its FERC code is 99. The line provides 80% of the natural gas used in the Las Vegas Valley. The Goodsprings Waste Heat Recovery Station recovers up to 7.5MW of energy from a compressor station. The gas line is made of diameter pipe, and can deliver up to per day. There are 11 compressor stations on the line. The gas line delivers gas to Utah, Nevada, California and Arizona. Most of the gas is from the Pinedale Anticline gas field, near Pinedale, Wyoming in the Green River basin Green is the color between cyan and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial Valley Geothermal Project
Imperial Valley Geothermal Project is a complex of eleven geothermal power stations located in the Salton Sea Geothermal Field, along the southeastern shore of the Salton Sea in the Imperial Valley of California. It is the second largest geothermal field in the United States after The Geysers in Northern California. Description Parts of Imperial Valley lie atop the Salton Sea Geothermal Field, a region of high geothermal energy with an estimated 2,950 MW of geothermal potential. Of that total, 2250 MW are currently developable, while the remaining 700 MW would become available as the Salton Sea (a saline lake) dries up. About 403 MW is generated by the existing power plants, ten of which are owned by CalEnergy and one by EnergySource. Geothermal power and lithium extraction The geothermal activity below the Salton Sea loosens up lithium that can be mined. The California Energy Commission estimates the Salton Sea might produce 600k metric tons of lithium carbonate () per yea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Integrated Utility Services UK
Integrated Utility Services is a high voltage electrical contracting business owned by an electrical distribution company and is based in Yorkshire in England. It is owned by Northern Powergrid which is the distribution network operator for the North East England and Yorkshire regions. History The company was created after the takeover of Northern Electric by CalEnergy in 1996. The company disposed of the supply business of Northern Electric to Innogy in 2001 in exchange for the distribution business of Yorkshire Electricity Yorkshire Electricity was an electricity distribution utility in England, serving much of Yorkshire and parts of Derbyshire, Lincolnshire and Nottinghamshire. History Formed as the Yorkshire Electricity Board in 1948 as part of the nationalisa .... Power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Powergrid
Northern Powergrid Holdings Company (formerly CE Electric UK Funding Company) is an electrical distribution company based in Newcastle Upon Tyne in England. It is the owner of Northern Powergrid (Northeast) plc (formerly Northern Electric Distribution Limited (NEDL)) and Northern Powergrid (Yorkshire) plc (formerly Yorkshire Electricity Distribution plc (YEDL)) which are the distribution network operators for the North East England and Yorkshire regions and the North Lincolnshire area. History The company was created after the takeover of Northern Electric by CalEnergy in 1996. The company disposed of the supply business of Northern Electric to Innogy plc in 2001 in exchange for the distribution business of Yorkshire Electricity. Thus it represents the electricity distribution systems of the former North Eastern Electricity Board North Eastern Electricity Board was an electricity distribution utility in England, serving the North East of England. History Formed as the No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MarketWatch
''MarketWatch'' is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with ''The Wall Street Journal'' and '' Barron's.'' History The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer and co-founder and chairman, Derek Reisfield. Thom Calandra was its first editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PacifiCorp
PacifiCorp is an electric power company based in the Lloyd Center Tower in Portland, Oregon with operations in the western United States. PacifiCorp has two business units: Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington headquartered in Portland, Oregon; and Rocky Mountain Power, a regulated electric utility with service territory throughout Utah, Wyoming, and southeastern Idaho, headquartered in Salt Lake City, Utah. PacifiCorp operates one of the largest privately held transmission systems in the U.S. within the western Energy Imbalance Market. Pacific Power and Rocky Mountain Power combined serve over 1.6 million residential customers, 202,000 commercial customers, and 37,000 industrial and irrigation customers, for a total of approximately 1,813,000 customers. The service area is . The company owns and maintains of long-distance transmission lines, of distribution lines, and 900 substa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, major U.S. daily newspapers and radio and television broadcasters. Since the award was established in 1917, the AP has earned 59 Pulitzer Prizes, including 36 for photography. The AP is also known for its widely used ''AP Stylebook'', its AP polls tracking National Collegiate Athletic Association, NCAA sports, sponsoring the National Football League's annual awards, and its election polls and results during Elections in the United States, US elections. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters. The AP operates 235 news bureaus in 94 countries, and publishes in English, Spanish, and Arabic. It also operates the AP Radio Network, which provides twice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
