ThinkstockMonday has been a busy day for The Williams Companies Inc. (NYSE: WMB). The firm announced this morning that it will pay $6 billion for the portion of Access Midstream Partners LP that it…
In an announcement on Sunday, Williams Companies said that it has agreed to acquire the 50% general partner interest, along with 55.1 million limited partner units, in Access Midstream Partners from Global Infrastructure Partners…
ThinkstockWhile the call to arms over the weekend in Iraq appears to at least have stalled the militants lightning quick advance across the country, there are still many oil fields and refineries that are…
ThinkstockThe effects of the turmoil in Iraq have started to drive oil prices higher. Whether coincidental or not, gas prices have recently risen across 26 states. Among them is California, where gasoline prices are…
Along with 3 billion other viewers around the world, I plan to tune in for the month-long World Cup to see whether the 22-year old Neymar can withstand the colossal pressure that has been put upon his shoulders…
ThinkstockThe price of crude futures reached $107 on concerns about the unrest in Iraq. That is the highest it has been since September, and several analysts expect the price to surge higher if the…
ThinkstockWhether or not you believe that the United States invaded Iraq in 2003 to preserve access to the country’s oil, the fact is Iraq sits on a lot of crude. According to the U.S.…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 107 billion cubic feet for the week ending June 6. That compared with an increase of around 111…
Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
CONSOL Energy announced Thursday morning that it will join with its partner Noble Energyto form a master limited partnership that will provide midstream gathering services for the two companies' jointly owned assets in the…
ThinkstockThe turmoil in Iraq is raising concerns about the ability of the country to continue delivering about 3.3 million barrels of crude a day to the global supply. Iraq is currently the second-largest producer…
ThinkstockShort sellers often have it in for companies, entities, funds and even sectors. But what is interesting is when the short sellers target entities with high dividends. Master limited partnerships (MLPs) fit right into…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 386.9…
ThinkstockThe short interest data from the May 30 settlement date is out, and we are witnessing some big changes in the bets against big oil companies. Even with some drops in the short interest,…
ThinkstockOcean Power Technologies, Inc. (NASDAQ: OPTT) has just reached a crush depth alert on news that it has fired its CEO, who is also Chairman, for cause. Shares were halted most of Tuesday. Unfortunately,…