Tacking hurricanes before hurricane season starts is generally considered guesswork. Some years are predicted to be huge and they year ends up having few or no major hurricanes strike land. Other years are not…
The future of offshore drilling in US coastal waters may be determined by how much financial and ecological damage is done by the Deepwater Horizon catastrophe. At this point, the reaction against future drilling…
Without specifying a partner, the CEO of Honda Motor Co., Ltd. (NYSE:HMC) said yesterday that he hopes that his company can work with China to develop batteries for an all-electric vehicle . Of all…
The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates at the…
The next attempt to shut off the flow from the leaking BP well in the Gulf is still aimed to occur early Wednesday. The attempt will use the “top kill” method to try and kill…
There may be more M&A headed to the solar sector. Solar wafer maker MEMC Electronic Materials, Inc. (NYSE:WFR) has announced its second deal in as many days as it seeks to bulk up for…
MEMC Electronic Materials Inc. (NYSE: WFR) has not gone without its own problems, despite having migrated from a semiconductor stock to being thought of as a PV materials manufacturer for the solar industry. Yet,…
Generating electricity from wind is growing fast enough that as more wind farms are brought online, more are being built. Depending on your point of view, that is either a good or a bad…
Shoreline assessments and overflights continued today as planned. As anticipated, areas of oil moved closer to the Chandeleur Islands today. With winds forecast from the north, this will tend to push the oil away…
After initiating coverage on eight solar stocks just over a month ago, Auriga Securities has now adjusted its estimates as a result of the falling euro. The eight companies it is covering include First…
The US government has readily admitted that it does not have the skill of equipment to stop the oil rising from the wreck of the Deepwater Horizon rig. And, it is beginning to question…
The NOAA reported that several overflights were conducted today to help researchers forecast the trajectory of the oil spill over the next 72 hours. On one flight, a significant amount of oil was observed…
The size of the BP plc (NYSE: BP Deepwater Horizon spill is growing rapidly, as some scientists estimate the leak at 95,000 barrels a day instead of the 5,000 barrels estimate given by BP…
Norway’s Statoil ASA (NYSE: STO) has agreed to sell a 40% stake in its deepwater Peregrino field offshore Brazil to China’s Sinochem Group for $3.07 billion. Statoil retains its 60% share and will be…
There is a wild divergence in the estimates of oil leaking from the Deepwater Horizon rig disaster. The NOAA and BP plc (NYSE: BP) estimates continue to be at 5,000 barrels a day. BP…