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Telecom & Utilities

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EnCana to Split in Two With Oil at Record Highs: By Jeffrey Jones and Scott Haggett CALGARY, Alberta (Reuters) - EnCana Corp ECA, Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices...; Tags: Telecom & Utilities, Investment, EnCana Corp., natural gas, gas company, ConocoPhillips Co., energy company, oil, split, stock market, investor, stock, Canada, asset, Thomson Reuters Corp., U.S., income, tax, merger, financial, benefit; News items 2008-05-11
BrightSouce raises USD115m for solar thermal: US-based solar thermal startup BrightSource Energy has raised USD115m in Series C funding. The round was led by Google.org, VantagePoint Venture Partners, BP Alternative Energy, Statoil Hydro Venture and Black River, and was joined by existing investors including DBL Investors, Draper Fisher Jurvetson, Chevron Technology Ventures and Morgan Stanley....; Tags: Tower, Investor, BrightSouce, Telecom & Utilities, Financial Accounting, Finance, Ranil Pilimatalawa, VantagePoint Venture Partners, Chevron Technology Ventures, Black River Asset Management, DBL Investors, Google.org; News items 2008-05-14
SingTel, Associates to Bring IPhone to Asia This Year: SINGAPORE (Reuters) - Singapore Telecommunications Ltd STEL and its mobile associates will bring Apple Inc's AAPL popular iPhone to Singapore, India, Australia and the Philippines later this year, Southeast Asia's largest phone company said on Monday. SingTel said that it, Bharti...; Tags: Singapore Telecommunications Ltd., SingTel, Singapore, Southeast Asia, Philippines, Apple iPhone, Australia, India, Apple Inc., Thomson Reuters Corp., mobile, phone, agreement; News items 2008-05-11
BHP Flags Mexican Gulf Operation Delay: BHP Billiton Ltd, Australia's biggest oil and gas producer, says the $1.16 billion Neptune oil operation in the Gulf of Mexico is facing further delays and cost increases after structural problems with the platform.BHP Billiton, which holds a 35 per cent interest and operates the project, said additional reinforcement...; Tags: Australian Associated Press Pty Ltd., Petroleum, Telecom & Utilities, AAP; News items 2008-05-06
Kohl's Paints the Northeast Green: Kohl's Department Stores, which has already converted more than 25 of its 88 California locations to solar power, announced plans to convert more than 50 East Coast locations to solar power before year's end as well. From recycling to cutting energy consumption by using energy-efficient lighting and...; Tags: East Coast, Wal-Mart Stores Inc., Solar Energy, Retail Company, California, Store, Kohl, Costco Wholesale, Retail, Telecom & Utilities, David Phillips; Blog posts 2008-05-15

U.S. Not Keeping Pace With Foreign Rivals on Solar Production: Despite a dramatic increase in solar cell production in the United States last year -- up 48 percent to 266 megawatts -- the nation's share of global production and installations continued to fall in 2007, according to the latest Vital Signs Update from the Worldwatch Institute, produced in collaboration with...; Tags: Renewable Energy, Germany, Photovoltaics, Tariff, mW, Telecom & Utilities, Free Trade, Finance, David Phillips; Blog posts 2008-05-09
Oil Prices Hold Despite Thursday's Rally: Oil prices held steady on Friday as investors locked in profits from a near-record rally to near $124 a barrel on Thursday.Meanwhile, light, sweet crude for June delivery fell 12 cents to $123.41 a barrel on the New York Mercantile Exchange Thursday but alternated between gains and losses. Prices...; Tags: Dollar, Analyst, Investor, Natural Gas, Telecom & Utilities, Financial Accounting, Finance, AP; News items 2008-05-09
Qwest Posts Lower Quarterly Profit: NEW YORK (Reuters) - Telephone company Qwest Communications International Inc Q reported a 34.6 percent fall in quarterly earnings on Tuesday, hurt by increased tax expense, charges for job cuts and weakness in its long-distance phone business. Qwest, seen as one...; Tags: Telecom & Utilities, Taxes, Financial accounting, Qwest Communications Inc., Verizon Wireless, phone, Thomson Reuters Corp., earnings, income tax, New York, VoD, net profit, wireless service, earnings per share, wall, job, income, tax, pricing strategy, agreement, broadband; News items 2008-05-06
Does Your Firm Have Too Many Numbers?: I was wrapping up a second mortgage with my local bank when I noticed that, for some reason, they were now using seven-digit telephone extensions. That meant that you had to dial an 800 number and then seven more digits to reach a particular person. ...; Tags: Telecom & Utilities, Geoffrey James, phone; Blog posts 2008-05-06
Oil Falls From Record Highs as Supply Worries Ease: By Janet McGurty LONDON (Reuters UK) - European oil prices fell from record levels over the week as Nigerian supply worries eased and North Sea production returned to normal rates. After touching a record high of $117.56 last Friday, London Brent crude oil was down about...; Tags: Refinery, U.K., Natural Gas, Carbon, Telecom & Utilities, Markets, Oukbs; News items 2008-05-02
Love the Phone, Hate the Phone Store: Americans love their wireless gadgets but say the process of buying a phone and service plan is bad and getting worse, J.D. Power finds in its 2008 Wireless Retail Sales Satisfaction Study. MediaPost's Marketing Daily reports that wireless retail customer satisfaction at carrier-owned stores has dropped every...; Tags: J.D. Power Associates, Phone, MediaPost, Shoppers, Telecom & Utilities, Wi-Fi, Wireless, Lisa Everitt; Blog posts 2008-05-13
Nokia to Offer "a Lot Of" New Phones in the U.S.: HELSINKI (Reuters) - Nokia (NOK1V) is going to introduce many new phone models through U.S. carriers in coming months to grab a bigger share of the lucrative cell phone market, the Finnish phone maker said on Monday. Nokia sells 40 percent of all...; Tags: Telecom & Utilities, Cellular phones, Nokia Corp., CDMA, phone, U.S., cell phone, Thomson Reuters Corp.; News items 2008-05-05
Condensate Exemption Hits Woodside Hard: Woodside Petroleum Ltd has slammed the federal government's budget decision to remove a 30-year old tax exemption on extracting light crude oil from natural gas, saying it wasn't consulted about the move.Woodside says the tax exemption has underpinned the viability of the $25 billion North West Shelf Venture in...; Tags: Exemption, Industry, Natural Gas, Government, Vertical Industries, Telecom & Utilities, Enterprise Software, Software, AAP; News items 2008-05-14
'Origin Talks Ongoing, Inconclusive': BG: BG Group, the UK's third largest natural gas producer, says discussions with Origin Energy Ltd over its $12.9 billion bid for the power retailer are ongoing but inconclusive.The UK-based utility said on Friday "discussions have been held between senior representatives of Origin and BG Group" but those talks were...; Tags: Australian Associated Press Pty Ltd., New Zealand, Australian Competition And Consumer Commission, Retail, Telecom & Utilities, AAP; News items 2008-05-09
EU Sends Charges in Marine Hose Cartel Case: BRUSSELS (Reuters UK) - The European Commission said on Monday it had sent charges to companies it believes took part in in a cartel that fixed the prices of their marine hoses. "The European Commission can confirm that a statement of objections has been sent to...; Tags: Petroleum, Cartel, Marine Hose, Telecom & Utilities, Brussels, Hoses, Oukbs; News items 2008-05-05
Shell to Exit Wind Project: By Tom Bergin LONDON (Reuters UK) - Royal Dutch Shell RDSa aims to sell its stake in one of the world's largest planned wind farms, drawing criticism from the government, its partners and environmentalists for jeopardising the project. The Anglo-Dutch oil major, whose corporate advertising ...; Tags: Renewable Energy, Shell, Telecom & Utilities, Oukbs, Royal Dutch Shell Plc., Windfarm; News items 2008-05-01
BT in Talks to Sell UK Data Centres to HP: LONDON (Reuters UK) - BT Group BT is in talks to sell its British data centres to the U.S. computer firm Hewlett-Packard HPQ for 1.5 billion pounds, the Sunday Times reported. The report said the move would deepen existing ties between the two companies and help...; Tags: Hewlett-Packard Co., British Telecommunications, Telephony, Productivity, Telecom & Utilities, Financial Accounting, Telecommunications, BT Group Plc.; News items 2008-05-11
The Mortgage Crisis Delivers a Hit to Solar Firms: The mortgage crisis roiling financial markets is now causing new casualties in an unexpected sector -- solar-power firms that cater to the home and small-business markets. Akeena Solar, one of the largest solar-system installers in the U.S., just reported a wider-than-expected quarterly loss due to higher operating...; Tags: Consumer, U.S., Small Business, Mortgage Crisis, Taxes, Fuel Cells, Financial Accounting, Telecom & Utilities, Investment, Financial Planning, Finance, Emerging Technologies, David Phillips; Blog posts 2008-05-13
Shell, Repsol Aim to Leave Iran Gas Project: Paper: MADRID (Reuters) - Royal Dutch Shell Plc RDSa and Spain's Repsol REP are negotiating with the Iranian government to pull out of a $10 billion natural gas project due in part to U.S. pressure, Spanish newspaper Expansion reported on Saturday. The...; Tags: Iran, Royal Dutch Shell Plc., natural gas, Spain, Thomson Reuters Corp.; News items 2008-05-03
Shell and Repsol Reportedly Aim to Leave Iran Gas Project: MADRID (Reuters UK) - Royal Dutch Shell RDSa and Spain's Repsol REP are negotiating with the Iranian government to pull out of a $10 billion (5 billion pounds) natural gas project due in part to U.S. pressure, Spanish newspaper Expansion reported on Saturday. The companies...; Tags: Iran, Repsol, Government, Telecom & Utilities, Vertical Industries, Enterprise Software, Software, Royal Dutch Shell Plc.; News items 2008-05-03