Capstone Turbine Corporation (CPST) Signs New Distributor Agreement for the Oil and Gas Sector in China While Attending US Clean Energy Trade Mission
Capstone Turbine Corporation (CPST) announced the signing of a new Distributor agreement with Shanghai Tech-Steel Petroleum & Natural Gas Technology Development Co. Ltd. (“STS”) for the oil and gas sector in China. STS, founded in April 2007, is dedicated to the oil and gas industry including coal-bed methane and coal mine methane. Jim Crouse, executive vice president, sales and marketing, stated, “STS has a proven track record in working with the major players in oil and gas in China including China National Petroleum Company, SINOPEC and China National Offshore Oil Company. STS has significant experience in the oil and gas…