ThinkstockPublic concerns over contamination of drinking water caused by exploring for and producing natural gas by hydraulic fracturing (fracking) have resulted in at least one study that finds methane may be a problem, but…
ThinkstockThe U.S. Federal Trade Commission (FTC) has reportedly initiated a formal investigation into the way oil and refined product benchmark prices are set. The investigation parallels one begun earlier this year in Europe, where…
ThinkstockOver the past 12 months, the best performing oil refining stock has been Tesoro Corp. (NYSE: TSO), which has doubled, even though it has dropped sharply in the past month. Phillips 66 (NYSE: PSX)…
ThinkstockRussia’s state-controlled oil giant Rosneft has signed a 25-year deal to supply $270 billion worth of crude oil to China, and the country’s largest independent natural gas producer, Novatek, has agreed to a deal…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 91 billion cubic feet last week, compared with the expected build of between 89 billion cubic feet anticipated by…
ThinkstockAfter markets closed last night, the board of directors of SandRidge Energy Inc. (NYSE: SD) announced that its CFO and president, James Bennett, had been named CEO. Founder, former chairman, and former CEO Tom…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 300,000 barrels last week, bringing the total U.S. commercial crude inventory to 394.1 million…
ThinkstockThe process for setting benchmark oil prices has never been particularly transparent, depending as it does on self-reporting by traders of offer and sale prices to energy pricing agencies like Platts, a division of…
ThinkstockWe’ve often noted that the declining price for solar photovoltaic (PV) modules has continued to drive global growth in solar installations, even as governments reduce or eliminate various subsidies and tariffs to encourage new…
ThinkstockPetróleo Brasileiro S.A. (NYSE: PBR), known as Petrobras to most U.S. investors, may finally be closer to a bottom in its stock price. While U.S. oil giants have hung in there, Petrobras shares just…
ThinkstockSince announcing Monday that it would offer an additional 8.5 million shares in a secondary stock sale, shares of First Solar Inc. (NASDAQ: FSLR) have dropped from about $56 to around $46, the price…
ThinkstockA crude oil pipeline owned by Exxon Mobil Corp. (NYSE: XOM) ruptured on March 29 in Mayflower, Ark., just outside Little Rock, as much as 19,000 barrels of heavy crude spilled into the streets…
ThinkstockAntero Resources Corporation might not be a household name, but an IPO filing for up to $1 billion may turn some heads. The company is an independent oil and gas player in the Appalachian…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 95 billion cubic feet last week, within the range for an expected build of between 94 billion and 98…
thinkstockGerman Chancellor Angela Merkel is suggesting that renewable power producers pay more to support upgrades to the country’s electricity grid as Germany shuts down its nuclear energy generating plants in favor of cleaner natural…