Weatherford International announced Monday morning that the company will raise $1 billion in a combination of an underwritten public offerings of ordinary shares and mandatorily exchangeable subordinated notes.
The industry's capacity could accommodate 40 to 50 new projects a year and there are currently just six on the list for this year.
ThinkstockThe average price for a gallon of regular gas in the United States is $2.30, according to GasBuddy. However in five states, the number has dropped under $2. Several states gas prices should drop…
ThinkstockIn the week ended September 18th, the number of rigs drilling for oil in the U.S. totaled 644 compared with 652 in the prior week and 1,601 a year ago. Including 198 other rigs…
NRG Energy said Friday morning that it plans to create a new company called Greenco to focus on its green energy business.
ThinkstockFor many reasons, one asset class that has taken an absolute beating this year has been the alternative energy stocks, and right in line with top solar stocks have been the yieldcos. A new…
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased as expected for the week ending September 11.
While the UBS lowers the price targets on the land drillers, the firm stays positive on the big diversified oil services companies, and three still make sense for investors with patience and a long-term…
ThinkstockThe national average price for a gallon of regular gasoline in the United States Thursday morning was $2.302, nearly $1.07 a gallon below the price on the same day a year ago. In three…
The twice-delayed auction for the assets of bankrupt Patriot Coal has attracted another potential bidder, according to the company’s attorney,
If Moody’s Investors Service is right, the world’s largest oil companies will experience a contraction of 20% in their cash flows in 2015.
The U.S. Energy Information Administration says U.S. commercial crude inventories decreased by 2.1 million barrels last week.
Bank of America Merrill Lynch has resumed analyst coverage of TerraForm Power with a Buy rating and a price objective of $29.00.
The majority leader of the U.S. House of Representatives is expected to announce in a speech Tuesday in Houston that the full House will vote on legislation lifting the 40-year old ban on exports…
The U.S. Department of Agriculture indicated that the corn crop for this year faces some hurdles, and that has pushed up the spot price for a gallon of ethanol.