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Stock Market & Financial Investment News

News Breaks
June 20, 2014
13:38 EDTCBI, SREChicago Bridge & Iron confirms FERC approval for Cameron LNG project
CB&I (CBI) confirms Cameron LNG, a subsidiary of Sempra Energy (SRE), received authorization from the Federal Energy Regulatory Commission to site, construct and operate a natural gas liquefaction and export facility at the site of the company's LNG receipt terminal in Hackberry, La. CB&I said the FERC permit is one of the last major regulatory approvals required to start construction on the natural gas liquefaction facility. The authorization approves the development of the three-train liquefaction facility that will provide an export capability of 12M tonnes per annum of LNG, or approximately 1.7B cubic feet per day, and will allow CB&I and its joint venture partner, Chiyoda, to access the site and begin construction later this year, the company said.
News For CBI;SRE From The Last 14 Days
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October 23, 2014
16:09 EDTCBIChicago Bridge & Iron says Q3 new awards $3B, backlog $30.7B
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16:08 EDTCBIChicago Bridge & Iron reports Q3 adjusted EPS $1.51, consensus $1.41
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08:54 EDTCBIEngineering & construction stocks undervalued, says Sterne Agee
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October 15, 2014
08:09 EDTCBIExelon, Chicago Bridge & Iron and 8 Rivers partner for demonstration plant
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October 14, 2014
08:05 EDTCBICB&I announces gasification technology award in China
CB&I announced it has been awarded a contract by Shandong Sincier Petrochemical for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus technology for a three-train facility to produce syngas for hydrogen, fuel gas and power. This plant will have the capability of operating on coal and petroleum coke, or a combination of these fuels with a liquid or solid residue from an upstream hydrocracking unit. This will be in addition to six other process units licensed earlier by Sincier using CB&I's technology to produce octane boosting, clean gasoline blendstocks, residue upgrading and petrochemicals production.

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