Option traders are looking for Norfolk Southern to steam ahead in coming months. The NSC September 77.50 calls were bought for $1.90, along with some July 77.50s snapped up for $0.15. OptionMonster’s tracking systems showed that the volume was heavily skewed to the upside, with 9,200 calls traded against fewer than 3,000 puts. Those calls… Keep reading →
UK oil major BP made a big splash in 2000 when it changed its name to “Beyond Petroleum” (originally British Petroleum) and changed its logo to a sunburst design that was supposed to represent the company’s greater renewable energy focus. BP has since scaled back some of those efforts, but other firms are pushing ahead… Keep reading →
Education, not stigmatization Brian Swett knows real estate. As LEED project manager for the large real estate investment trust Boston Properties until last year, Swett helped property owners and managers understand the value of green buildings. And that background is helping him in his latest task as the chief of environment and strategy for the… Keep reading →
Ukraine is trying to throw off the Russian natural gas yolk, and finding some success. The former Soviet satellite is importing gas from Germany – though much of it likely originated in Russia – and neighboring countries via reverse-flow pipelines. Importing fewer volumes of Russian gas directly and newfound supply diversity puts Ukraine in a… Keep reading →
Crude oil is once again showing strength. So what’s behind this sudden demand for the black gold? First of all, we have seen some positive economic numbers come out of Washington. Second, seasonal factors are keeping many oil products in high demand, especially gasoline. If fact, gas demand has increased to more than 9 million… Keep reading →
Last fall, the imminent deployment of a fully approved wave energy buoy off Oregon had a lot of people excited. Even the New York Times busted out a long story as Oregon held its fingers crossed that its investment in wave energy might blossom, sending energy to the coast and growing jobs there and elsewhere in… Keep reading →
Oil prices moved up sharply last week on Opec supply disruptions, Russian crude diverted east as opposed to west and North Sea maintenance. Libyan output fell as the government negotiates with militias, but the Saudis are pumping more. [CGES] A diver was killed during construction of an offshore wind farm in Germany. Last month the… Keep reading →
One thing about the smart grid sector: you can always count on seeing how technologies, services and products are progressing – and how and where they are being implemented. This week’s smart grid wins highlights some notable examples. PROJECT WINS Ambient Corporation announced that Consolidated Edison Company of New York, Inc. has contracted the communications… Keep reading →
Smart meters and advanced analytics could come to the rescue. It’s no secret that it takes a lot of energy to grow blueberry kush, purple sour diesel, voodoo or any of the dozens of other potent strains of marijuana available in North America. In the U.S. alone, indoor cannabis growing uses about $5 billion in… Keep reading →
BLM has issued a land order to segregate federal lands from new mining claims for solar energy development across six western states. On July 5, 2013, the Bureau of Land Management (BLM) approved a Public Land Order that withdraws 303,900 acres of federal land identified for solar energy development from new mining claims for 20… Keep reading →
