Massive UK Shale Gas Reserves Possible — Reuters
Reserves of UK shale gas could total up to 1,000 trillion cubic feet according to the latest data from the British Geological Survey. Most of that would be offshore, in the North Sea, and…
Reserves of UK shale gas could total up to 1,000 trillion cubic feet according to the latest data from the British Geological Survey. Most of that would be offshore, in the North Sea, and…
24/7 Wall St. has partnered with The Chart Lab to bring exclusive technical analysis which is identifying what are currently the weakest and strongest stock charts of the energy sector from the S&P 500…
Robert Murray http://www.geograph.org.uk/photo/1449653Cheniere Energy Partners LP. (AMEX: CQP) announced last night that the company has received approval from the Federal Energy Regulatory Commission (FERC) “to site, construct and operate facilities for the liquefaction and…
Pacific Ethanol, Inc. (NASDAQ: PEIX) is paying the price this Monday morning after a filing from Friday came from the company allowing it to raise up to $100 million in capital. The company filed…
Exxon Mobil (NYSE: XOM), America’s largest oil company, and Rosneft, the Russian state owned oil company, are set to announced an alliance. Rosneft will have access to some of Exxon’s projects near the Arctic and in…
Treasury Secretary Timothy Geithner told the hosts of ABC’s “This Week” that US consumers will be able to handle high gasoline prices without a large disruption in their household budgets. His comments represent a…
The new stability if gas prices continues after months of rises which have brought the cost of an average gallon of regular nationwide to near record levels. The AAA Fuel Gauge shows the price…
Prices for solar PV panels have continued to slide this year, dropping to $0.80-$0.85/watt, a decline of -10% on top of the the -50% drop in panel prices last year. Many of the Chinese…
Saudi Arabia’s oil minister Ali al-Naimi said his country would act to move oil prices lower and keep them there. His comments caused a sell off in crude. His case for lower oil is…
SandRidge Energy, Inc. (NYSE: SD) made a meteoric move up with oil last year but has really suffered as natural gas prices have tanked. The stock rose 5% to $7.55 on Thursday but the…
DryShips Inc. (NASDAQ: DRYS) has priced a secondary offering of 10 million shares for its majority-owned subsidiary Ocean Rig UDW Inc. (NASDAQ: ORIG), at $16.25, essentially equal to last night’s closing price of $16.26.…
An oil sheen has appeared in the Gulf of Mexico near an area where Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) has operations. The sheen is about 1 mile wide and 10 miles…
Solar thermal power company BrightSource Energy Inc. today filed a request with the Securities and Exchange Commission to withdraw its Form S-1 registration statement, effectively cancelling the company’s planned IPO. BrightSource cites “current market…
The International Energy Agency (IEA) released its monthly Oil Market Report this morning. The single, most important data point in the report is that global oil inventories grew by 1.2 million barrels in the…
The International Energy Agency reported good news about supplies. Global oil inventories were boosted by as much as 1.2 million barrels a day in the first quarter as production from members of the Organization…