On Wednesday, Shares of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), lost -3.02% to $8.04, as US oil prices dropped for the fifth straight trading session on Wednesday (Jul 8) as domestic crude stockpiles rose again, but London prices inched higher.
US benchmark West Texas Intermediate for August delivery fell 68 cents to US$51.65 a barrel. Brent North Sea crude for August climbed 20 cents to settle at US$57.05 a barrel in London trade.
Petróleo Brasileiro S.A. Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets.
Shares of Williams Companies, Inc. (NYSE:WMB), declined -1.55% to $56.01, during its last trading session.
The Williams Companies, declared that Transco has filed an application with the Federal Energy Regulatory Commission for its New York Bay Expansion Project to deliver additional natural gas to New York City in time for the 2017/2018 heating season.
Earlier this year, Williams’ Transco placed into service two other major New York City natural gas pipeline projects, the Rockaway Delivery Lateral and the Northeast Connector. These facilities are providing noteworthy additional supply to the 1.8 million customers served by National Grid in Brooklyn, Queens, Staten Island and Long Island.
The New York Bay Expansion is designed to deliver an additional 115,000 dekatherms a day of natural gas into National Grid’s distribution system through the Rockaway Delivery Lateral and the Narrows meter station. That’s enough gas to meet the needs of 500,000 homes and will supply National Grid’s immediate and growing needs for the 2017/2018 winter.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services.
Finally, Sonus Networks, Inc. (NASDAQ:SONS), ended its last trade with -1.70% loss, and closed at $6.36.
Sonus Networks, declared that One Source Networks (OSN), the global Unified Communications (UC) and managed cloud services partner of choice for large enterprises, is utilizing the Sonus SBC 7000 Session Border Controller (SBC) for its global Cloud Lync Enterprise offering. Additionally, the SBC 7000 provides the necessary flexibility and scale to power OSN’s Lync Trunking product.
OSN’s Cloud Lync Enterprise – Skype for Business is a fully dedicated, cloud-based solution that provides all the feature functionality, privacy and customization of an on-premises Lync solution, delivered as a service. OSN’s Lync Trunking offering is one of a handful in the world that has passed advanced Microsoft Secure Real-time Transport Protocol (SRTP) and Transport Layer Security (TLS) testing, providing a single and secure Lync-certified Session Initiation Protocol (SIP) trunking connection over which a range of communications services can be seamlessly delivered, from voice to chat to video. To take advantage of the full capabilities of Lync, it is critical for enterprises to ensure that the service provider’s services and devices are Microsoft certified.
Sonus Networks, Inc. provides networked solutions for communications service providers and enterprises. Its products comprise session border controllers (SBC) that address the network requirements for small, medium, and large businesses, in addition to for communications service providers; and open services switches for converting various types of voice signals into Internet protocol (IP) packets and transmitting those IP packets over a data network.
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