Energy Biz Cheat Sheet: Libya Prepares to Recommence Oil Production, Federal...
Hess (NYSE:HES) has announced that it will acquire privately held Marquette Exploration, as well as other leases in Ohio’s Utica Shale for around $750 million. In total, the purchases will add 85K...
View ArticleFBI Raids Solyndra After the Solar Energy Company Files for Chapter 11
The FBI and the Energy Department’s inspector general’s office led a raid on Solyndra two days after the solar panel maker declared Chapter 11 bankruptcy. Solyndra received a federal loan guarantee of...
View ArticleTech Biz Cheat Sheet: Netflix Continues Tumble Despite New Licensing Deal,...
A Citi survey found that 26% of Chinese consumers are “very likely” to buy a tablet in the next 12 months, compared to just 12% of consumers in the U.S. and U.K. Chinese respondents were also more...
View ArticleGovernment Nears Shutdown as Congress Debates Spending Bill
The U.S. House of Representatives and the Senate have yet to agree upon terms for new emergency funding, leaving them unable to vote on a short-term spending measure needed to keep the government...
View ArticleFBI Investigating Solyndra for Accounting Fraud
The FBI is investigating charges of accounting fraud at solar-panel maker Solyndra LLC, which filed for bankruptcy protection after having received a $535 million U.S. loan guarantee in 2009. The FBI...
View ArticleTesla Proving It’s No Solyndra In One Billion Ways
When the U.S. Treasury assesses every green technology bet it made, it might find Tesla (NASDAQ:TSLA) the biggest winner of the bunch. The California-based electric car maker is gearing up to raise...
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Has Debt-Free Tesla Made Obama a Winner at Last?
The recent successes of certain automakers have afforded Barack Obama #winning status. During the 2012 U.S. Presidential election, Republican challenger Mitt Romney attacked Obama for his $49.5 billion...
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Big Green: Man Drops $32K to Talk Electric Cars with Obama
No can accuse Paul Scott of not walking the walk. Scott, a Nissan Leaf salesman and co-founder of Plug-In America, is buying time to talk with President Obama about electric vehicles at a fundraiser...
View ArticleWill Saudi Arabia Let the U.S. Oil Boom Continue?
Technology, technology, and more technology — this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are...
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The DOE Vaults Have Opened Again With New $4B Loan
Source: Thinkstock The U.S. Energy Department has put forth a plan offer up to $4 billion in loans to help further stimulate the renewable energy sector. This round of funding comes after the 2009...
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