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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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March 30, 2015
07:16 EDTCOPConocoPhillips initiates process for divestiture of oil and gas assets in Canada
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March 27, 2015
06:37 EDTCOPOil retreats after Goldman says attacks won't have much impact, Reuters reports
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March 26, 2015
06:36 EDTCOPOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 23, 2015
13:28 EDTCOPConocoPhillips calls active into investor meeting
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March 22, 2015
17:59 EDTCOPOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTCOPWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTCOPOil prices fall again, Reuters reports
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March 19, 2015
07:45 EDTCOPSenate Energy & Natural Resources Committee to hold a hearing
The Committee holds a hearing entitled, "U.S. Crude Export Policy" with Senior Vice President of IHS, Carlos Pascual and Chairman & CEO of ConocoPhillips, Ryan Lance on March 19 at 10 am. Webcast Link
07:19 EDTCOPKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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March 17, 2015
08:31 EDTCOPConocoPhillips sees volume growth of 2%-3% in 2015
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March 16, 2015
11:11 EDTCOPOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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