Energy Financial News - Summary
Summary of recent energy financial news.
Algeria calls for cut in gas production
Algeria, one of the three biggest suppliers of gas to Europe, called on fellow gas-exporting countries yesterday to reduce production in order to boost prices. It is...
Read more [Financial Times Energy News]
Massey Spending Near $1B in Coal Deal
Massey Energy seeks to extend its dominance in Appalachian coal production with a near-$1 billion acquisition of a big private coal company.
Read more [The Street - Energy News]
SunPower to End Silence Thursday
SunPower will reveal the results of its internal accounting investigation -- and fourth quarter -- during a live Web cast after the market close on Thursday.
Read more [The Street - Energy News]
Scotland hails marine energy deals
Alex Salmond, first minister, has welcomed the signing of 10 project agreements following the world's first commercial leasing round for wave and tidal power schemes
Read more [Financial Times Energy News]
3 Stocks I Saw on TV
San Diego (TheStreet) -- Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include Devon Energy, Medicis Pharmaceutical and Allergan.
Read more [The Street - Energy News]
Get Ready for Oil Prices to Spike Again
Ryan Crane, co-manager of the Stephens Small Cap Growth Fund, says another oil crisis is on the way and he's buying energy stocks to get ready for it.
Read more [The Street - Energy News]
'Perfect' oil price hides divisions within Opec
The Opec oil cartel's catchphrase for its meeting in Vienna tomorrow appears to be: "Why mess with perfection?" However, beneath the surface a dispute is simmering as...
Read more [Financial Times Energy News]
Dominion carves role as utility
Dominion Resources, the US energy utility, yesterday completed its move away from exploration and production with the sale of the bulk of its US Appalachian operations...
Read more [Financial Times Energy News]
China Sunergy Spends $47M on Modules
China Sunergy is spending $47 million from its balance sheet to acquire two solar module makers.
Read more [The Street - Energy News]
'Perfect' oil price disguises Opec divisions
A dispute is simmering beneath the surface as some members grab market share by flouting their promises to make production cuts
Read more [Financial Times Energy News]
Crude Slumps Below $80
The April delivery contract lost $1.44, or 1.8%, to settle at $79.80 a barrel, pressured by a stronger dollar and increased uncertainty.
Read more [The Street - Energy News]
German Solar Cuts Grounded?: Report
Germany's expected reductions of feed-in tariffs supporting ground-based solar projects seem to be the last major sticking point in moving ahead with legislation.
Read more [The Street - Energy News]
Consol Energy buys Dominion for $3.5bn
Consol Energy, the US mining company, said it would buy Dominion Resources' Appalachian exploration and production business in a $3.5bn deal to expand footing in the shale industry
Read more [Financial Times Energy News]
Dominion Sells Assets to Consol for $3.4B
Dominion is selling its exploration and production assets to Consol Energy for $3.4 billion.
Read more [The Street - Energy News]
Fertilizer Stock Surge: One Minute Trade
Alan Farley looks at Intrepid Potash (IPI) after Potash Corp (POT) reported stronger than expected first quarter demand. IPI is a sector mid cap that's now filling out a cup and handle pattern. Alan shows you how to buy it and where.
Read more [The Street - Energy News]
CNOOC in $3bn Bridas deal
China's state-owned energy company CNOOC is to take a 50 per cent stake in Argentina's Bridasin a $3.1bn (£2bn) deal that marks the latest move by Beijing to...
Read more [Financial Times Energy News]
Cnooc, Bridas in $3.1 Billion Joint Venture
Chinese state-owned oil company Cnooc says it's paying $3.1 billion to form a joint venture with a unit of Argentina's Bridas Energy Holdings.
Read more [The Street - Energy News]
Broadwind Drops, Sees First Half Bottom
Wind-power company Broadwind plummets on expected first half bottoming and weak fourth-quarter numbers.
Read more [The Street - Energy News]
Why Wind is a Better Bet Than Solar
JPMorgan shifts its cleantech investing theme, souring on solar and catching the wind. We sit down with the JPMorgan's alternative energy analyst to drill down on its sudden, total eclipse of the sun.
Read more [The Street - Energy News]
Why Wind is a Better Bet Than Solar
JPMorgan shifts its cleantech investing theme, souring on solar and catching the wind. We sit down with the JPMorgan's alternative energy analyst to drill down on its sudden, total eclipse of the sun.
Read more [The Street - Energy News]
