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 [...]
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 [...]
Philadelphia Business Journal
The region’s gasoline prices, which appeared headed for an upswing on Monday, have instead dropped, pushed down by this week’s tumultuous market and Hurricane Ike doing less damage to oil industry infrastructure than feared, according to AAA Mid-Atlantic.
Gas prices, which had shot up by double digits in most areas by the start of [...]
Submitted by WW4 Report on Tue, 09/16/2008 - 02:54.
The price of crude oil dropped below $100 per barrel for the first time in six months Sept. 15, closing at $95.71 on the New York Mercantile Exchange. With Lehman Bros. heading into bankruptcy and Merrill Lynch agreeing to a buyout, the market reacted to fears that [...]
