The deal struck by Petroleo Brasileiro SA (NYSE:PBR), or Petrobras, and the government of Argentina has set the stage for the world’s largest ever share offering. The oil-for-stock swap gives Petrobras the right to…
BP plc (NYSE: BP) may want to halt the sale of its assets in Prudhoe Bay and Russia. The company has told Citigroup analysts that it does not even expect to spend the $20…
Just over a week ago, several solar stocks had a nice jump as the DJIA rose some 200+ points. Not all the gains were made by simply hanging on the Dow’s coat tails. There…
The US Energy Information Administration has released its latest Short-Term Energy Outlook, and it does little to raise the dim economic prospects for the rest of 2010 and 2011. The EIA has lowered its…
BP plc (NYSE: BP) in its internal report on the Deepwater Horizon incident made certain that there was plenty of blame to go around. It is evident that a series of complex events, rather…
If Germany, where most of the public hates nuclear power, plans to extend the life of its nuclear reactors, the world has entered a new atomic age. In fact, more than 150 reactors with…
There is a rather interesting IPO filing this morning from Bruker Energy & Supercon Technologies, Inc. Bruker Corporation (NASDAQ: BRKR) is the controlling shareholder and is going to be offering shares along with the…
Brazil’s Petroleo Brasileiro (NYSE: PBR), better known as Petrobras, has agreed to pay the Brazilian government $42.5 billion for the rights to produce 5 billion barrels of oil from government-owned fields offshore off Brazil.…
BP plc (NYSE: BP) disclosed that its costs to clean-up the Deepwater Horizon catastrophe have risen above $8 billion, and the company still has to fund a $20 billion escrow account to handle ongoing…
Wind power is supposed to be one of the cleanest sources of power out there. Unfortunately, at least for now, it is not one of the most profitable sources of power. Deere & Company…
Gas prices often rise in August as Americans take to the road. The prices sometimes peak on Labor Day. The three-day weekend is the last chance to vacation for the summer. But the rise…
The development of new and larger capacity wind farms in the US sets up a likely conflict between the developers and the US Department of Defense. The large, utility-scale wind turbines that tower some…
Last February, Royal Dutch Shell plc (NYSE:RDS-A) and Brazil’s Cosan Ltd. (NYSE:CZZ) signed an agreement to create a joint venture to distribute and sell cane ethanol in Brazil. The two companies have now ironed…
In early June, an irate Louisiana Gov. Bobby Jindal fired off a letter to the White House warning that as many as 20,000 jobs would be lost over the next 12 to 18 months…
What is the easiest way to drive down a price without stopping orders? Telling suppliers that you may have to cut orders in the months ahead. There are many things that affect the price…