More Oil Woes In Nigeria
Shell has shut some of its oil production in Nigeria. According to CNN Money "it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful…
Shell has shut some of its oil production in Nigeria. According to CNN Money "it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful…
Evergreen Solar, Inc. (Nasdaq: ESLR) has rewarded its investors with the announcement that it has signed two new long-term sales contracts valued at approximately $600 million. The agreements are with groSolar in the U.S.…
There was an interesting ETF launched today on the NYSE Euronext as a Wind Energy ETF. The First Trust ISE Global Wind Energy ETF (NYSE Arca: FAN) launched today. This index has a criteria…
SUV sales are at record levels in China. Driving one of the beasts is considered a status symbol, the way it used to be in the US. With gas at $4 a gallon, filling…
Everyone wants to know if speculators are driving up oil prices. The answer from the speculators is "No, absolutely not! (wink, wink)" when they are asked. The Senate Energy and Natural Resources Committee held…
It looks like Joe Public isn’t the only one who thought oil and gas prices were through the roof. It seems that some of the big boys started locking-in prices that seemed extremely high. …
Just when you thought alternative energy and solar couldn’t get hyped any more by any new players, well guess again. Intel Corp. (NASDAQ: INTC) announced it is spinning off key assets of a start-up…
Boardwalk Pipeline Partners LP (NYSE:BWP) announced that it has signed a 10-year binding agreement with Chesapeake Energy (NYSE:CHK) for natural gas transportation on Boardwalk’s new Fayetteville Lateral pipeline. The pipeline is expected to begin…
Clean Diesel Technologies, Inc. (Nasdaq:CDTI) has announced a strategic license agreement with Hilite International, Inc., a supplier of automotive powertrain components headquartered in Cleveland. The company also has design and manufacturing facilities in North…
This week on CNBC’s "MAD MONEY," Jim Cramer had another one of those "one pick per night" features. This week’s special feature wasn’t just oil, it was wildcatting. Yep, drill a hole in the…
CVR Energy, Inc. (NYSE: CVI) announced Friday evening that the managing general partner of CVR Partners has decided to postpone the IPO of its CVR Partners indefinitely. The company noted that its review of…
We have already covered Capstone Turbine Corporation (NASDAQ: CPST) on the raw earnings news last night along with its huge backlog being more important than earnings. Shares slid off a tad in after-hours last…
Reuters is reporting that ExxonMobil Corp. (NYSE:XOM) plans to sell the 1,400 retail outlets it owns and the 820 it operates over the next several years. The company doesn’t want to fool around any…
Capstone Turbine Corporation (NASDAQ: CPST) has reported its long awaited earnings after today’s close. The microturbine energy systems manufacturer posted earnings of -$0.07 EPS on a 60% revenue gain to $9.3 million. First Call…
Ethanol stocks appear to be under pressure this morning. Citigroup has downgraded the group to a SELL rating, partially based upon the Midwest flooding. VeraSun (NYSE: VSE) and BioFuel Energy (NASDAQ: BIOF) were cut…