ThinkstockOn Tuesday this week, Senator Ed Markey (D-MA) sent a letter to Michael Froman, the U.S. Trade Representative (USTR), urging Froman to resist any attempt to weaken or overturn the existing U.S. law banning…
ThinkstockThe solar PV industry has risen from the almost-dead in 2013, after two years of falling prices, overproduction and government subsidy cuts. The companies that recovered the fastest were those with project pipelines for…
ThinkstockAt the final meeting for 2013 of the Organization of Petroleum Exporting Countries (OPEC), Iran’s oil minister has threatened to increase his country’s output even if prices drop to $20 a barrel. Iran plans…
ThinkstockThe American Petroleum Institute (API), a trade association for the oil & gas industry, said in its weekly inventory report after markets closed on Tuesday that the U.S. crude oil inventory has fallen by…
Thinkstock24/7 Wall St. has been keeping track of all the 2014 outlook pieces and year-end pieces for 2013. Now it looks as though there is a selective positive outlook from Bank of America Merrill…
The dramatic production increase from U.S. shale plays in North Dakota, Montana and Texas have had little impact on the amount of oil produced by members of OPEC. However, the cartel does face a…
ThinkstockWithout ever speaking the name of its antagonist, QEP Resources Inc. (NYSE: QEP) announced Tuesday morning that it will pursue a separation of QEP Field Services Company and its interest in QEP Midstream Partners…
ThinkstockContinuing a trend begun in May, Valero Energy Corp. (NYSE: VLO) on Monday commenced an initial public offering (IPO) of a logistics group called Valero Energy Partners L.P., announcing plans to sell 15 million…
ThinkstockPetroleo Brasileiro SA (NYSE: PBR), commonly called Petrobras, announced on Friday that it is raising the prices it charges for gasoline and diesel fuel by 4% and 8%, respectively. This is the fifth rise…
ThinkstockA 30-inch natural gas pipeline owned by Energy Transfer Partners LP (NYSE: ETP) exploded in rural Missouri shortly before midnight on Thursday, the second gas pipeline explosion in as many weeks. The first occurred…
Kinder Morgan Energy Partners LPKinder Morgan Canada, a division of Kinder Morgan Energy Partners LP, (NYSE: KMP), is preparing to file a formal application with the Canadian government to nearly triple the size of…
ThinkstockMarathon Petroleum Corp. (NYSE: MPC) has committed to funding a portion of the Sandpiper Pipeline Project being proposed by Enbridge Energy Partners L.P. (NYSE: EEP) and Enbridge Inc. (NYSE: ENB). The 610-mile long, 24-inch…
ThinkstockTwo of China’s established solar panel makers reported third-quarter earnings before markets opened Tuesday morning. Both have improved results compared with the year-ago quarter, but one continues to fight for its life while the…
ThinkstockThis weekend’s deal with Iran could be a monumental shift of the international tides. Unfortunately, it could also be a monumental mistake as some international leaders have voiced. 24/7 Wall St. wanted to break…
ThinkstockThe drilling boom in the U.S. has become something of a mixed blessing for the country’s largest oilfield services companies. Demand for rigs and other services has swelled, but increased competition has weighed on…