HOUSTON–(BUSINESS WIRE)–Complete Production Services, Inc. (NYSE:CPX - News) today reported fourth quarter revenue of $251.4 million, operating loss of $114.9 million and a net loss of $103.5 million, or $1.38 per diluted share. Fourth quarter results include $102.1 million in pre-tax, non-cash charges ($1.21 per diluted share). The non-cash charges impacted the Completion and Production [...]
IF I had a bumper sticker, it would say ‘CAM plants do it in the dark’,” says scientist Joe Holtum. “It’s odd, because you think: ‘Where do they get the energy from?’”
Being plants, what crassulacean acid metabolism species do is photosynthesis, but they do it with a nocturnal twist. Some are as familiar as pineapples [...]
ScienceDaily (June 15, 2009) — In the future, will wind power tapped by high-flying kites light up New York? A new study by scientists at the Carnegie Institution and California State University identifies New York as a prime location for exploiting high-altitude winds, which globally contain enough energy to meet world demand 100 times over. [...]
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, [...]
NEW YORK (Dow Jones)–Crude futures traded lower Tuesday amid concerns that the swine flu outbreak would curb oil demand.
Light, sweet crude for June delivery traded traded $1.25, or 2.5%, lower at $48.89 a barrel the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $1.14 lower at $49.18 a barrel.
Commodities and [...]
The arrest of 19 people accused of corruption highlights the dirty by-product of the country’s booming economy in renewable fuel.
Powerful wind turbines churned the air above La Muela last week but the stir in this small Aragonese town was caused by the arrest of the mayor and 18 other people on charges that reveal a [...]
Secretary General of OPEC, said that more than contain oil market is big and strong output cut is needed, sending crude oil prices on world markets in question.
The president of OPEC, but here too, that the unanimous support of the reduction in Organization
Note that speculation that the State of the Organization of Petroleum Exporting Countries [...]
Mexico’s state power company CFE has identified seven zones in the country with high geothermal power potential, the company’s geothermal division head Raúl Maya said at an international geothermal conference in Chilean capital Santiago.
The zones are Tulecheck and Piedras de Lumbre in the north, El Ceboruco and Cerritos Colorados in the center and Acoculco, [...]
By MARK WILLIAMS
COLUMBUS, Ohio – Retail gasoline fell to a new three-year low Tuesday and in an unprecedented decline, crude oil costs $100 less per barrel than it did four months ago with a U.S. recession eating away at energy demand.
Analysts believe prices at the pump may finally be bottoming out after a precipitous [...]
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 [...]
