Not more than two or three years ago, energy companies believed that the US would begin importing large quantities of liquefied natural gas, or LNG. Re-gasification plants were either expanded or built…
General Electric Co. (NYSE: GE) has an announcement that could be a key development in solving the problem of water supply contamination caused by the fracking process. The company has introduced a…
The governor of Texas and the state’s Land Commissioner have filed suit in federal court in Houston that would block the second attempt by the federal government to impose a six-month ban…
SandRidge Energy Inc. (NYSE: SD) is moving from a case of being grossly oversold to a case where the situation is becoming almost obscene. The stock is getting crushed after its earnings…
Day traders and active traders have many big movers to watch this morning. We are seeing key moves in Apple Inc. (NASDAQ: AAPL), BP plc (NYSE: BP), Apache Corp. (NYSE: APA), Cytec…
These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Annaly Capital Management, Inc. (NYSE: NLY) Raised to Outperform at FBR. Apache Corp. (NYSE:…
Reuters: BP plc (NYSE: BP) said as it prepares to sell some assets that its CEO is not leaving. Reuters: The Senate approved an extension of unemployment benefits. Reuters: Apple Inc. (NASDAQ:…
Sometimes the short-term interests of a company’s shareholders and the future of that company are not in perfect synch. That’s exactly the situation at SandRidge Energy Inc. (NYSE: SD), which just last…
The US Clean Water Act has provisions that could allow the American government to charge BP plc (NYSE: BP) up to $4,300 per barrel of oil spilled into the Gulf. According to…
BP plc’s (NYSE: BP) direct costs to clean up the damage from its leaking well in the Gulf of Mexico rose to $4 billion over the weekend. That is a relatively small…
Reuters: Moody’s downgraded Ireland’s debt. Reuters: Engineers detected seepage around the capped BP well. Reuters: The National Association for Business Economics says companies will begin to hire again but the service sector…
Updated throughout the day. Exxon Mobil (NYSE: XOM) may buy BP plc (NYSE: BP) various BP plc may sell assets in Prudhoe Bay To Apache (NYSE: APA). (various) Blackstone (NYSE: BX) will…
BP Plc is in talks to sell up to $12 billion of assets, including a stake in Alaska’s Prudhoe Bay, to Apache Corp to help pay for its Gulf of Mexico oil…
For the past 40 years a natural gas liquefaction plant on Alaska’s Cook Inlet has been producing LNG and shipping it to Asia. The plant is owned by ConocoPhillips Corp. (NYSE: COP),…
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
