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Suntech’s Boardroom Turmoil

ThinkstockOn Monday, the board of directors for Suntech Power Holdings Co. Ltd. (NYSE: STP) removed its founder and executive chairman, Shi Zhenrong, replacing him with another board member, Susan Wang, as executive chairman. Shi…

Paul Ausick · 14 years ago

The Growth in U.S. Motor Fuel Consumption

ThinkstockGasoline and diesel fuel consumption in the United States has fallen in the past few years for a variety of reasons. High prices, improved fuel economy in new cars, fewer miles driven and ride-sharing…

Paul Ausick · 14 years ago

Will Colombia Become Latin America’s Poster Child for Peak Oil

ThinkstockThe two most hotly debated scientific concepts associated with energy are “global warming” and “peak oil,” both with myriad proponents and detractors around the world. In the latter case however, what is indisputable is…

Douglas A. McIntyre · 14 years ago

North Sea Crude Oil Pipeline Shut Down

ThinkstockThe Brent pipeline system has been shut down for the second time this year, following the discovery of a leak at one of its platforms. The platform, called Cormorant Alpha, was shut down in…

Paul Ausick · 14 years ago

Federal Inquiry at Chesapeake Now an Investigation

ThinkstockIn its Form 10-K filing today for fiscal year 2012, Chesapeake Energy Corp. (NYSE: CHK) said the U.S. Securities and Exchange Commission (SEC) notified the company on December 21, 2012, that the department’s inquiry…

Paul Ausick · 14 years ago

The 10 States With the Cheapest Gas

ThinkstockSince the start of the year, gasoline prices have risen by more than 49 cents — the biggest increase in the first two months of any year on record. The current national price, which…

Mike Sauter · 14 years ago

Get Ready for Higher Dividends from Big Oil

24/7 Wall St. is a big fan of companies that continually raise their dividends. We recently highlighted that industry leaders Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) would be raising their dividends very…

Jon C. Ogg · 14 years ago

Natural Gas Prices Unmoved on Inventory Report

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 171 billion cubic feet last week, slightly more than the decline of 167 billion cubic feet anticipated by analysts.…

Paul Ausick · 14 years ago