Solarfun Looks ‘Good Enough’ (SOLF)
Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), a photovoltaic cell and PV module maker in China, is trading higher after the company gave guidance. The outlook for the third quarter of 2009 is for…
Energy
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Newest first · Page 442Oil Prices Stubbornly Above $72
Many economists and energy forecast firms argue that oil supply will be abundant in 2010 and demand will be modest. That does not seem to matter to oil traders. The falling value of the…
Shaking It Up in Weekly Oil Inventories (OIH, USO, OIL)
The weekly data on oil inventories from the Department of Energy is out and we are seeing another bullish yet mixed bag here in the numbers for oil prices. We are also watching the…
The Return, Maybe, of New UNG Baskets (UNG)
United States Natural Gas (NYSE: UNG) has been accused of, and still appears to be, the tail that wags the dog in the world of speculative instruments and a single commodity market. It is…
GE Acquisition Further Highlights Wind Power (GE)
General Electric Co. (NYSE: GE) is already a large wind power and alternative energy player. The company’s GE Wind site notes that it already has more than 10,000 worldwide wind turbine installations comprising more…
Oil & Gas Rig Counts Falter (OIH, DIG, USO, OIL)
Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and the gains we were seeing look as though they may have started to already peter out. Throw that in with an almost…
GM Fuel-Cell Car Logs One Million Miles
The cloud that is GM may have found a silver lining. GM’s Chevrolet Equinox, which is powered by a pollution-free fuel-cell, passed its one millionth mile in test drives. The firm says that the…
Huge Surprise in Oil Inventory Data (OIH, USO, OIL)
The Department of Energy just released the weekly inventory data in crude and oil products, and the headline figures are huge on the surface. We have been watching the Oil Services HOLDRs (NYSE: OIH),…
China: A $1 Trillion Green Technology Market
A new report from the China Greentech Initiative, which is made up of several dozen alternative energy companies and government organizations, says that the potential for green technology sales in China is as much as…
Brazil Finds The Largest New Oil Fields In The World
BP (BP) last week said it found an oil field deep under the Gulf of Mexico that could yield as much as one billion barrels of oil and gas. Not to be outdone, yesterday Brazil…
Still Too Many Mixed Solar Signals (FSLR, ENER, AMAT, CSIQ, VECO, ED, WFR)
There are many things that help solar power and orders for the sector, but arguably higher energy prices and tax incentives or subsidies probably dwarf the overall economic situation. There seems to be a…
A Solar Field Larger Than Manhattan
First Solar (FSLR) today announced that it had signed a contract with the Chinese government that will allow it to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China. The…
Oil Rig Counts Staying Stronger (BHI, OIH, USO, OIL)
Baker Hughes, Inc. (NYSE: BHI) issued its weekly rig counts and the counts are still going in the right direction overall if you like to see increased drilling activity. This is also showing up…
IPO FILING: Cobalt International Energy (CIE)
Cobalt International Energy Inc. has now filed to come public via an initial public offering. While terms were not disclosed, it said it would sell up to $1.15 billion worth of common stock. Shares…
First Solar Scores With New CEO (FSLR, HON, GE)
First Solar, Inc. (NASDAQ: FSLR) is making a significant management change, right at the top of the company. Mike Ahearn is stepping down as CEO and will be replaced by Robert J. Gillette. This…