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Stock Market & Financial Investment News

News Breaks
August 20, 2014
16:10 EDTDUKDuke Energy continues to make progress cleaning up Ohio River oil spill
Duke Energy continues to make major progress cleaning up an overnight spill on August 18, of approximately 3,000 to 5,000 gallons of fuel oil into the Ohio River at W.C. Beckjord Station, 20 miles southeast of Cincinnati. The company is working closely with the U.S. EPA, U.S. Coast Guard, Ohio EPA, Ohio Department of Natural Resources, Kentucky Department for Environmental Protection and local agencies in response to the spill. Cleanup operations continue around-the-clock. Significant amounts of oil are being reclaimed from strategically placed oil-containment booms, skimmers and vacuums used to collect the oil. The incident occurred shortly after 11 p.m. Monday during a fuel oil transfer at the plant on the banks of the Ohio River in New Richmond, Ohio. A unified command center began operations at the station site early on August 19 to coordinate all recovery operations and will continue until the oil cleanup is complete. The U.S. EPA indicates that recovery of oil will continue through today, possibly tomorrow. Greater Cincinnati Water Works and Northern Kentucky Water District have resumed normal operations as water intakes are now open. At no point was drinking water affected. Water samples and air monitoring continue along the affected areas.
News For DUK From The Last 14 Days
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September 9, 2014
08:47 EDTDUKDuke Energy management to meet with Deutsche Bank
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September 8, 2014
06:56 EDTDUKDuke Energy management to meet with Deutsche Bank
Meetings to be held in Charlotte/Birmingham/Orlando on September 8 hosted by Deutsche Bank.
September 3, 2014
12:01 EDTDUKDuke Energy unit to build Los Vientos V wind power project in Texas
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September 2, 2014
08:08 EDTDUKDominion, Duke Energy, Piedmont Natural Gas, and AGL forms joint venture
Dominion (D), Duke Energy (DUK), Piedmont Natural Gas (PNY) and AGL Resources (GAS) announced the formation of a joint venture to build and own the proposed Atlantic Coast Pipeline. The $4.5B-$5B, 550-mile natural gas pipeline would run from Harrison County, W. Va., southeast through Virginia with an extension to Chesapeake, Va., and then south through central North Carolina to Robeson County. The partnership, called Atlantic Coast Pipeline LLC, will own the pipeline initially proposed by Dominion as the Southeast Reliability Project. Dominion is to build and operate the Atlantic Coast Pipeline on behalf of the venture. The joint venture ownership stakes are: Dominion, 45%; Duke Energy, 40%; Piedmont, 10%; and AGL Resources, 5%. Dominion expects to file its FERC application in the summer of 2015, receive the FERC Certificate of Public Convenience and Necessity in the summer of 2016, and begin construction shortly thereafter.

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