Business News Archive - March 16, 2010
MANCHESTER, England, March 16 /PRNewswire/ -- Solar panel installation specialists, Solar Choice have praised the forthcoming introduction of the UK feed-in tariff, which will come into effect in April 2010. The UK feed-in tariff means that homes or businesses choosing to install solar PV will be paid for every single unit of electricity they generate - including the units they use themselves! The rates at which they will be paid will depend greatly, on the type and size of the system installed, but will start at 29.3p per unit and rise to 41.3p.
CAPE TOWN, South Africa, March 16 /PRNewswire/ -- In South Africa, the mining industry is the second largest electricity consumer after the manufacturing sector.
LAS VEGAS, March 16 /PRNewswire-FirstCall/ -- Allegiant Travel Company (Nasdaq: ALGT) has scheduled its first quarter 2010 financial results conference call on April 20, 2010 at 9 a.m. (Pacific).
UTRECHT, The Netherlands, March 16, 2010 /PRNewswire/ -- The Eurail Group G.I.E. reports a modest drop in Eurail Pass passengers in 2009 caused by the global economic downturn but foresees signs of a full recovery in the coming years.
LONDON, March 16, 2010 /PRNewswire-FirstCall/ -- On March 16, 2010 Royal Dutch Shell plc (the "Company") Published its Annual Report and Form 20-F for the Year ended December 31, 2009. The 2009 Annual Report and Form 20-F can be downloaded from http://www.shell.com/annualreport. Separately, the 2009 Annual Review including Summary Financial Statements can be downloaded from http://www.shell.com/annualreport. Printed copies of the 2009 Annual Report and Form 20-F and 2009 Annual Review will be available from April 16, 2010 and can be requested, free of charge, at http://www.shell.com/annualreport. The Annual Report and Accounts will be submitted to the Annual General Meeting of the Company, which will be held on May 18, 2010. DEFINITIONS AND CAUTIONARY NOTE Reserves: Our use of the term "reserves" in this presentation means SEC proved oil and gas reserves for all 2009 data, and includes both SEC proved oil and gas reserves and SEC proven mining reserves for
- Shell (NYSE: RDS.A) (NYSE: RDS.B) today said it was entering a new period of growth, and outlined plans to sharpen up performance and reduce costs. - Upstream production is expected to reach 3.5 million barrels of oil equivalent per day (mboe/d) in 2012, an increase of 11% from 2009. - In addition, the company is assessing over 35 new projects from some 8 billion barrels of oil equivalent resources (boe), which should underpin Upstream growth to 2020. - Downstream continues to focus on profitability, with plans to exit 15% of refining capacity and 35% of retail markets, and growth investment to enhance the quality of manufacturing and marketing portfolios. - As new projects come on stream, the company expects cash flow from operations will increase by around 50% from 2009 to 2012 in a $60/bbl oil price world, and by over 80% with $80/bbl oil prices. CEO Peter Voser commented: "These are exciting times fo
ORLANDO, Fla., March 16 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a sale for travel to all of the airline's destinations with fares starting as low as $44*.
HOUSTON, March 16 /PRNewswire-FirstCall/ -- Harvest Natural Resources, Inc. (NYSE: HNR) today announced 2009 fourth quarter and year-end earnings.
