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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...
- News items 2008-05-11
- 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...
- 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...
- News items 2008-05-06
- 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...
- Blog posts 2008-05-09
- 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...
- News items 2008-05-02
- 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...
- 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. ...
- Blog posts 2008-05-06
- 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...
- News items 2008-05-09
- 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...
- 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 ...
- News items 2008-05-01
- 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...
- News items 2008-05-05
- 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...
- Blog posts 2008-05-13
- '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...
- News items 2008-05-09
- 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...
- 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...
- News items 2008-05-03
- Airbus Testing New Engine Technology
- I mentioned in my C-Series post that engines would make or break that plane, and that Bombardier was planning to use the Pratt & Whitney Geared Turbofan (GTF). There's been a recent development that shows that Airbus may be interested as well. Pratt has been doing...
- Blog posts 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...
- 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...
- Blog posts 2008-05-13
- BG Makes Bid For Australia's Origin
- By Fayen Wong and Tom Bergin PERTH/LONDON (Reuters UK) - Gas producer BG Group has made a $12 billion (6.08 billion pound) bid approach to Origin Energy, seeking to bolster its position in the fast-growing Asia-Pacific gas market by securing the Australian utility's gas reserves....
- News items 2008-04-30
- Britain's BG Bids $12 Bln For Australia's Origin
- By Fayen Wong and Tom Bergin PERTH/LONDON (Reuters) - UK gas producer BG Group Plc has made a $12 billion bid approach to Origin Energy Ltd, seeking to bolster its position in the fast-growing Asia-Pacific gas market by securing the Australian utility's gas...
- News items 2008-04-30
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