The Department of Energy has released some mixed data on weekly oil inventory data, and the take for refining is looking just as bad still or actually worse in February compared to the Q4-earnings…
If there was any question about how quickly the Chinese think their economy will grow this year, the production targets for Cnooc, its largest off shore oil and gas exploration company, answer them. Cnooc plans…
Since the beginning of the year, Brazil’s ethanol industry has generated more than its share of news. Today brings the announcement of a joint venture between Royal Dutch Shell (RDS-A) and Cosan Limited (CZZ)…
The rig counts are still mostly heading in the right direction, at least they are if you want to see a robust oil sector along with some oil price stability. Baker Hughes Inc. (NYSE:…
The refining industry has been under pressure for some time. It seems that rising prices were not a shoe-in for windfall profits at all. A rapid drop in oil prices was also not a…
The use of wind power in America rose 39% last year according to a report from American Wind Energy Association cited in The New York Times. “The amount of capacity added last year, 9,900…
The rig counts are still heading in the right direction for stable oil and a steady flow of oil and gas supplies according to the Baker Hughes Inc. (NYSE: BHI) weekly rig counting data. …
Toward the end of 2008 (and even sooner), ethanol may have seemed like a fad that came and went. Then came the dull year of 2009 that seemed as though it would yield little. …
It seems that every investor cares about initial public offerings. And everyone still seems to care about what T. Boone Pickens thinks about the price of oil and what his views are on fixing…
Plains All American Pipeline, L.P. (NYSE: PAA) is pursuing a spin-off strategy which we have seen elsewhere in the energy patch, but it is a strategy that we saw mostly in 2008. The group…
We have already seen a flood of secondary offerings from many companies in many sectors either sold or filed this week. The strong market is giving many companies a window to raise cash, and…
This has already been delayed and rumored, but it appears that oil magnate T. Boone Pickens has given up on his northern Texas Pampa Wind Farm power project. The economics do not work. The…
The notion that an integrated oil giant is issuing an earnings warning with oil above $80.00 per barrel may seem ludicrous to most on the Street. Yet that is exactly what is happening at…
China reported that its exports rose 18% in December over the same period last year. It also said that factory production was up 25% for the same time frame. The news has caused several…
Baker Hughes Incorporated (NYSE: BHI) announced its weekly rig count data, but what is interesting is that the latest data shows a 2009-end with comparisons to a 2008-end. If you saw the declines in…