US Clean Energy 2020: The Glass Is Half Full — or Half Empty
The budget bill approved by Congress and signed last week by the president includes some items clean energy advocates wanted, along with others that are likely to make matters worse.
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Solar, Alt Energy Short Interest Dwindles
Short sellers reduced their positions in both solar and alt energy stocks during the two-week reporting period that ended December 13.
Offshore Guyana Yields Another Gusher for Exxon Mobil
Exxon has begun producing from its first well offshore of Guyana. The well is expected to produce 120,000 barrels a day when it reaches full capacity. The company also revealed it had struck oil…
Falling Gas Prices Add to Holiday Cheer
U.S. gasoline prices have been declining for seven straight weeks and reached $2.53 a gallon Monday morning, their lowest level since March.
Saudi Arabia, Kuwait Near Deal on More Oil
Saudi Arabia and Kuwait are expected to sign an agreement on Tuesday that could restart about 500,000 barrels a day of crude oil production.
Gasoline Prices Move Back Under $2 in Some Places as Year Ends
Gasoline prices are as low as they have been since April, and drivers can expect those prices to continue to fall in early 2020.
Gas Prices Expected to Drop, Still Higher Than Last Year for Holiday Motorists
Gasoline prices are expected to drop by as much as a quarter in some parts of the United States between now and the end of the year, according to AAA.
10 Undervalued Energy Stocks for 2020
2019 was a tough year for energy companies, particularly oil and gas producers caught between low energy prices and investor demand for returns. 2020 may be a different story for some of the firms…
10 Undervalued Energy Stocks for 2020
2019 was a tough year for energy companies, particularly oil and gas producers caught between low energy prices and investor demand for returns. 2020 may be a different story for some of the firms…
Energy Pipeline Firm Takes $4 Billion Private Equity Buyout
Energy pipeline operator Tallgrass Energy Partners has agreed to be acquired by affiliates of Blackstone for about $4 billion in cash.
Gas Prices Continue Dropping as Christmas Holiday Nears
Gasoline prices fell again last week for the sixth consecutive drop. Crude oil prices jumped last Friday on news of a trade deal with China, but U.S. refined product inventories remain high.
$2.5 Billion Deal in Permian Basin Oil Patch Shows Surprising Strength
Oil and gas producer WPX Energy on Monday announced a deal to acquire privately held Felix Energy for $2.5 billion in cash and stock. Investors like the deal.
California Governor Squelches PG&E Reorganization Plan
California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan PG&E submitted earlier in the week. What the governor wants is directly at odds with what the company wants to preserve.
Permian Basin Crude Oil Production Growth Loses Steam
Permian Basin oil wells are more productive than ever before, but output is also declining at a faster pace than ever before.
IEA Does Not See Oil Supply Dropping in Q1 Despite OPEC Production Cuts
In its December report, the International Energy Agency forecasts that the recently announced OPEC+ production cuts will not be enough to reduce supplies. Based on futures trading, oil markets appear to agree.