BP Had 360 Problems On Deepwater Horizon
Employees of BP plc (NYSE: BP) said that they had found 360 problems related to overdue maintenance on the Deepwater Horizon rig, according to an investigation by the US Coast Guard and the Bureau…
Energy
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Newest first · Page 420OPEC 2011 Revenues Expected to Top 2010’s Surge
The US Department of Energy’s Energy Information Administration has released its August estimate of net revenue that the EIA expects to OPEC countries to earn in 2010 and 2011. The numbers don’t get back…
Yingli, A Solar Beat (YGE)
Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) was indicated higher after earnings, but the trading volume is still too thin to make a judgment. Yingli looks like it is about to join other…
Shaking Off News in Solar Sector (STP, TSL, WFR, SOLR, FSLR, TAN)
We are seeing another mixed bag in the solar sector of late. Suntech Power Holdings Co. Ltd. (NYSE: STP) earnings look soft and there was a loss after items. Trina Solar Limited (NYSE: TSL)…
Carl Icahn Gets More Into Energy Stocks (BP, CHK, APC, ESV, NRG)
Carl Icahn is known for many things, particularly when it comes to shaking companies up. A theme throughout Icahn’s newest holdings as of June 30 was an increase in the energy sector. Icahn owns…
As China Power Use Surges, But Rate Slows
When will China run low on energy sources? At the rate that its consumption is growing, the answer may be soon. China’s electric power consumption in July reached 389.6 billion kilowatt-hours, up 13.94 percent…
MEMC Insider Buying Versus Active Put Options (WFR)
Investors would much rather see insiders of companies buying up stock rather than selling it. That is particularly true in a stocks like MEMC Electronic Materials Inc. (NYSE: WFR) where the situation has been…
What A Sell Rating Really Means To Petrobras (PBR, BP, XOM)
Petroleo Brasileiro (NYSE: PBR), or Petrobras, is getting hit harder than most of the giant intregrated oil giants today. A “Sell” rating came its way today after UBS downgraded the stock from an already…
Some Good News in Solar, On A Rainy Day (SPWRA, LDK, JASO, YGE, TSL, TAN)
Three solar PV companies reported earnings after the markets closed yesterday, and both delivered decent earnings along with cautions about the rest of the year. SunPower Crop. (NASDAQ:SPWRA) reported revenue of $384 million and…
PetroAlgae (Biomass) Raising $200 Million in IPO (PALG, FWLT)
PetroAlgae Inc. has just filed to come public via an initial public offering. While terms were not disclosed, the filing is for up to $200 million in common stock. The problem is that this…
Oil Supplies & Weak Refining Offer No Oil Gains (OIH, USO, VLO)
The Department of Energy released its weekly Crude Oil and energy inventories this morning. Despite some supply issues being obvious, there has been no help as investors are looking to lower-risk assets today. We…
Oil Demand Predictions Revise Up For 2010 And 2011, Maybe
The International Energy Agency has revised upward its forecast for oil demand this year and next. Demand is seen at 86.6 million barrels per day in 2010 , 50,000 barrels a day higher than…
A123, From Hot to Not (AONE)
A123 Systems, Inc. (NASDAQ: AONE) was supposed to be a hot IPO in the hot sector of lithium-ion batteries and systems. Unfortunately, the earnings reaction isn’t so hot. The revenue growth did not allow…
BP plc Claims Capping Of Well Is Complete
BP plc (NYSE: BP) says at its website that tests of the cement plug on its leaking well have been successful and it is not releasing any more oil. Douglas A. McIntyre
SandRidge’s Pain Today, One Huge Opportunity Ahead (SD, XOM, APA, ME, BP, CHK)
SandRidge Energy Inc. (NYSE: SD) is moving from a case of being grossly oversold to a case where the situation is becoming almost obscene. The stock is getting crushed after its earnings report because…