The US Energy Department’s Energy Information Administration has released its latest global projections and the headline numbers are not terribly surprising. The agency expects energy use to rise by 53% by 2035 and that…
The wind power industry has taken something of a back seat to the solar PV makers in the last few months. News of bankruptcies, missed earnings targets, and collapsing prices will always supplant coverage…
This may be a first. Have you ever seen a company repurchase stock and then announce that it repurchased too much stock and has sold shares to get the cash back? This is the…
It is not too often that analysts call for stocks to rise 50%, let alone call for them to rise 100%. That is happening as Canaccord Genuity has initiated coverage of many second tier…
Using very large crude carriers (VLCCs) as floating storage tanks is usually expensive and, therefore, only occasionally used. There are exceptions to that generalization, but no trader wants to pay the day rate for…
After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not likely that…
There are five companies that dominate the oil field services industry, and all have a market cap above $10 billion. The five are Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: HAL), National Oilwell Varco,…
ReneSola Ltd. (NYSE: SOL) is a solar stock that has beaten up so bad that it could be screened out as a value stock. Just yesterday we gave a list of new value stocks…
Global Industries Ltd. (NASDAQ: GLBL) is surging on news of a more than 50% buyout premium this morning. The offshore construction, engineering, project management and support services outfit has entered into a definitive merger…
The solar PV industry has taken a beating since the beginning of the year, when investors finally got the message that manufacturing capacity was outstripping demand. Reductions to government incentives in Germany and Italy…
As the cost for crystalline solar PV panels falls toward the magic number of $1/watt, the cost of building a utility scale solar plant approaches the cost of building an equally sized wind farm.…
The refining business has been in the news a lot recently for two things. One, it’s making money again. Two, integrated oil companies are shedding refining assets at a rapid pace. Now’s a good…
Recent reports from North Dakota illustrate just how much demand there is for workers in the Bakken oil and gas fields. Unemployed workers have relatively little trouble finding jobs there, whether on the rigs…
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the money-making parts of the oil and…
The China Development Bank has provided the country’s largest polysilicon maker with two new credit facilities totalling $713 million. GCL-Poly Energy Holdings Ltd. (OTC: GCPEF) can add that total to the $303 million it…