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Stock Market & Financial Investment News

News Breaks
January 29, 2014
09:03 EDTCOP, ENBEnbridge to invest $200M to expand Sunday Creek Terminal
Enbridge (ENB) announced that it will construct additional facilities at its Sunday Creek Terminal, located in the Christina Lake area of northern Alberta, to support production growth from the Christina Lake oil sands project operated by Cenovus Energy and jointly owned with ConocoPhillips (COP). The estimated cost for the expansion is approximately $200M with a targeted in-service date of 3Q15. The expansion includes development of a new site adjacent to the existing terminal, construction of a new 350,000 barrel tank with associated piping, pumps and measurement equipment, as well as civil work for a future tank. The existing Sunday Creek Terminal was put into service in August 2011.
News For ENB;COP From The Last 14 Days
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December 18, 2014
05:08 EDTENBEnbridge reports crude oil release at Regina Terminal
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December 17, 2014
19:01 EDTENBEnbridge reports crude oil release at Regina Terminal
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December 16, 2014
14:55 EDTCOPExxon Mobil, peers win right to explore in Flemish Pass. Petro Global News says
Exxon Mobil (XOM) along with peers Suncor (SU) ConocoPhillips (COP) won the rights to explore a Canadian offshore block, Parcel 1, located in the Flemish Pass, says Petro Global News. The oil companies bid a record $559M for the rights with ExxonMobil getting a 40% interest in the parcel, while Suncor Energy and ConocoPhillips each receiving a 30% interest, added Petro Global News. Reference Link
December 14, 2014
17:07 EDTCOPOPEC's Badri says group will withstand oil price fall, Reuters says
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December 12, 2014
06:51 EDTCOPBrent crude oil fell to five year low, Reuters reports
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December 11, 2014
06:47 EDTCOPConocoPhillips volatility elevated on lower energy prices
ConocoPhillips overall option implied volatility of 43 compares to its 26-week average of 19 according to Track Data, suggesting large price movement.
06:06 EDTCOPCenovus Energy decides to slow down development plans at Narrows Lake
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December 10, 2014
08:06 EDTCOPConocoPhillips volatility elevated as WTI trades below $63
ConocoPhillips overall option implied volatility of 33 compares to its 26-week average of 19 according to Track Data, suggesting large price movement.
December 9, 2014
06:05 EDTCOPEnergy Recovery sells first IsoBoost system to ConocoPhillips
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December 8, 2014
08:31 EDTCOPConocoPhillips sets 2015 capital budget of $13.5B, down 20% vs. 2014
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07:53 EDTCOPClimate for Exxon E&P acquisition improved by falling prices, WSJ says
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