Williams Companies, Inc. (NYSE: WMB) has just filed to raise capital under a public offering of 26,000,000 shares of its common stock. At current market prices the offering would raise close to $793 million.…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 57 billion cubic feet, above the 43-47 billion cubic feet increase that analysts had expected. Natural gas…
A natural gas leak discovered last Sunday at the Elgin field in the North Sea could cost France’s Total SA (NYSE: TOT) billions of dollars in costs to plug the well and clean up…
ATP Oil & Gas Corporation (NASDAQ: ATPG) has filed its paperwork with the Securities and Exchange Commission to raise capital. The oil and gas outfit’s filing will allow it to raise up to $500,000,000…
Exxon Mobil (NYSE: XOM) is no longer the world’s largest corporate producer of oil. That distinction has gone to PetroChina (NYSE: PTR). Reuters reports that “PetroChina announced Thursday that it pumped 2.4 million barrels…
The US Department of the Interior has approved the spill plan proposed by Royal Dutch Shell plc (NYSE: RDS-A), a nearly final step before the company can proceed with exploratory drilling off Alaska’s northern…
A filing from QR Energy, LP (NYSE: QRE) is going to allow selling unitholders to sell common units representing limited partner interests in the master limited partnership. The filing is for up to $200…
Solar power just cannot get a break. The age of austerity is drilling holes in the solar economic viability business model. Today’s negative news flow stems out of Italy, where the nation is reportedly…
The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories jumped by 7.1 million barrels last week, bringing the total US commercial crude inventory to 353.4…
Problems in the solar PV market are well-known. Oversupply has led to a price drop of around 50% for modules, governments are cutting subsidies, and systems are still too expensive. Enphase Energy Inc. makes…
Driving continues to get more expensive for Americans, who are now paying an average of $3.911/gallon of regular unleaded gas according to AAA’s Fuel Gauge Report. That’s almost a nickel/gallon more than US drivers…
French paper Le Monde reports that the heads of France, the United Kingdom and United States have begun discussions about a release of some of the crude in their strategic oil reserves. Media coverage…
Oil supermajor BP plc (NYSE: BP) has sold its southern gas assets in the North Sea to the UK’s Perenco UK Ltd for $400 million in cash. The sale is part of the company’s…
A leaking well in the North Sea continues to hamper crude oil production from the Elgin field operated by Total SA (NYSE: TOT). The company has shut-in about 130,000 barrels/day of oil equivalent as…
The green economy often is cited as a key driver of the national economic recovery. At the very least, it is creating jobs. The total number of jobs related to green products and services…