Plug Power Inc. (NASDAQ: PLUG) is effectively plugging its shareholders. The alternative and clean-energy player has announced that it intends to offer its common stock in an underwritten public offering through the sole book-runner…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 11 billion cubic feet, at the high end of the 7-11 billion cubic feet increase that analysts…
FuelCell Energy Inc. (NASDAQ: FCEL) is taking it on the chin this morning on news that the company is raising capital. A secondary offering of 20 million shares may sound like a huge offering, but…
Solar thermal generation provider BrightSource Energy Inc. has filed an amended Form S-1 with the US Securities and Exchange Commission for an IPO of 6.9 million shares at a price of $21-$23/share. The company’s…
Back in the day — about 4 years ago — when US natural gas production was falling and prices were rising to as much as $13/thousand cubic feet, two competing natural gas pipeline routes…
Yesterday, gas prices moved higher for another day, the AAA Fuel Gauge report showed. The cost of a gallon of regular reached $3.881, up from $3.864 the day before and $3.570 one month ago. Among many of…
The newly installed head of Brazil’s national petroleum regulatory agency (ANP) has said that the country’s probable reserves could double from 15 billion to 30 billion barrels in the near future according to a…
Yesterday’s sugar-coated decision by the US Commerce Department to impose tariffs of up to nearly 5% on Chinese-made solar panels imported into the US has hit the makers hard. One can only imagine the…
The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories fell by 1.2 million barrels last week, bringing the total US commercial crude inventory to 346.3…
Oil field services firm Baker Hughes Inc. (NYSE: BHI) this morning announced that it is cutting its first quarter 2012 operating profit before tax margins in both its US and international operations. The company…
The average price for a gallon of regular gasoline in the US is now $3.864 according to the American Automobile Association (AAA). According to gasbuddy.com, a gallon of regular gasoline now costs $3.841. A…
Oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) announced that the company’s China subsidiary has signed a production sharing contract with China National Petroleum Corp. (CNPC), parent of publicly traded PetroChina Co. Ltd. (NYSE:…
Ocean Rig UDW Inc. (NASDAQ: ORIG) had a filing on Tuesday evening that allows DryShips Inc. (NASDAQ: DRYS), its principal shareholder, to offer up to $100,000,000 in common stock via a public stock offering. The underwriting…
Saudi Oil Minister Ali al-Naimi told Reuters that there is no shortage of oil supply globally and that his nation could raise output by 12.5 million barrels a day. The leader of the largest oil…
Japan is the latest major importer of Iranian oil to put pressure on the nation which faces sanctions because of its nuclear programs. Leaders of the country with the third largest economy in the…