Giants

Deutsche Banc Alex. Brown analyst Ed Tirello initiated coverageof Caminus Corp. with a Strong Buy rating, predicting that theenergy industry’s spending on information technology and softwarewould grow significantly in the next few years.

Deutsche Banc Alex. Brown analyst Ed Tirello initiated coverageof Caminus Corp. with a Strong Buy rating, predicting that theenergy industry’s spending on information technology and softwarewould grow significantly in the next few years.

Communications projects are high on the list of announcementsand pronouncements at a Houston energy conference this week, withcompany executives telling analysts that the Internet, bandwidthand telecommunications may surpass traditional energy earnings inthe next decade.

Bringing oil and gas giants Exxon and Mobil Corp. together lastyear has gone more smoothly than management anticipated, pushingearnings to record levels, and management said last week it willuse that extra money for new projects, more research and moretechnology to improve the bottom line in the years to come.

Bringing oil and gas giants Exxon and Mobil Corp. together lastyear has gone more smoothly than management anticipated, pushingearnings to record levels, and management said yesterday it usethat extra money for new projects, more research and moretechnology that will improve the bottom line in the years to come.

Two U.S. energy giants with divergent approaches to overseasinvestments cut a deal announced Tuesday with Dominion Resources,Inc., continuing to sell off its foreign investments and SempraEnergy continuing to expand its plays out of the country. Semprapaid $145 million in cash for Dominion’s 21.5% interest in holdingcompanies for natural gas distribution companies in central andsouthern Argentina and a 25% interest in the parent company for aBuenos Aires electric utility.

Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” last Wednesday in San Diego that was called to grapple withthe electricity supply and price crunch that has characterizedsummer 2000 in the southern end of California.

Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” Wednesday in San Diego that was called to grapple with theelectricity supply and price crunch that has characterized summer2000 in the southern end of California.

Two U.S. energy giants with divergent approaches to overseasinvestments cut a deal announced Tuesday with Dominion Resources,Inc., continuing to sell off its foreign investments and SempraEnergy continuing to expand its plays out of the country. Semprapaid $145 million in cash for Dominion’s 21.5% interest in holdingcompanies for natural gas distribution companies in central andsouthern Argentina and a 25% interest in the parent company for aBuenos Aires electric utility.