Encore Energy Partners LP (NYSE: ENP - News) announced today that it has priced its public offering of 8,200,000 common units representing limited partner interests at a price of $14.30 per common unit. Encore Energy Partners has granted the underwriters a 30-day option to purchase up to an additional 1,230,000 common units. The offering is [...]
TULSA, Okla., June 16 /PRNewswire-FirstCall/ — ONEOK Partners, L.P. (NYSE: OKS - News) today announced a public offering of 5 million of its common units, representing limited partner interests, subject to market and other conditions. The units will be offered by ONEOK Partners pursuant to an effective shelf registration statement on file with the Securities [...]
HOUSTON–(BUSINESS WIRE)–Helix Energy Solutions (NYSE:HLX - News) announced today that its secondary offering of 20 million shares in its majority owned subsidiary, Cal Dive International, Inc. (NYSE:DVR - News), was priced at $8.50 per share. Helix also has entered into an agreement with Cal Dive under which, simultaneously with and conditioned upon closing the offering, [...]
HOUSTON, June 4 /PRNewswire-FirstCall/ — Mariner Energy, Inc. (NYSE: ME - News) today announced that it has priced its underwritten public offerings of common stock and senior notes.
Mariner has agreed to sell 10 million shares of common stock at a public offering price of $14.50 per share. The company granted the underwriters a 30-day option [...]
Solar energy, like much of the clean technology or ‘cleantech’ industry, should prove a profitable bet for investors over the next decade as demand grows and costs come down, a top cleantech strategist said on Wednesday.
While solar energy was still expensive compared with wind or geothermal, progressive improvements in production costs and emerging solar technologies [...]
By Maher Chmaytelli and Ayesha Daya
Nov. 30 (Bloomberg) — OPEC deferred a decision on reducing production this year by two weeks to gauge the impact of earlier cuts, as it seeks to push oil prices back up to $75 a barrel.
Crude has dropped 62 percent from July’s record of $147.27 a barrel as the global [...]
By Reg Curren
Nov. 28 (Bloomberg) — Crude oil fell in New York trading amid speculation a potential production cut by OPEC to support prices may be trumped by concerns over declining demand amid a worsening U.S. recession.
OPEC members may consider a reduction at their meeting this weekend in Cairo to stabilize the market, Shokri [...]
Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight.
Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]
By Nesa Subrahmaniyan and Gavin Evans
Oct. 20 (Bloomberg) — Crude oil rose for a second day in New York on speculation OPEC will lower output in an attempt to halt a slide in prices, which have fallen more than 50 percent from July’s record.
OPEC, supplier of about 40 percent of the world’s oil, favors [...]
By Angela Macdonald-Smith
Oct. 2 (Bloomberg) — Crude-oil prices may fall as low as $50 a barrel next year, about half current levels, in the “unlikely” event of a global recession, weighing on shares of petroleum producers, Merrill Lynch & Co. said.
Such a scenario, where global growth in Gross Domestic Product falls to 1.5 percent, [...]
