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Stock Market & Financial Investment News

News Breaks
March 4, 2014
14:00 EDTWOPEY, NBLIsraeli tax levy on Leviathan field could endanger Woodside deal, Globes says
Israel's Finance Ministry will recommend that the country's government levy a higher tax on gas exports than sought by Australian energy company Woodside (WOPEY), according to Globes. Woodside has tentatively agreed to buy a 25% stake in Israel's Leviathan gas field, but the company's CEO told an Australian newspaper that the deal could collapse, Globes stated. Israeli Prime Minister Benjamin Netanyahu could still intervene on the tax issue, Globes added. Noble Energy (NBL) has a 39.66% stake in Leviathan. Its stake is expected to drop to 30% if the deal with Woodside is completed. Reference Link
News For NBL;WOPEY From The Last 14 Days
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November 13, 2014
19:04 EDTNBLRose Rock-operated White Cliffs Pipeline expands capacity
White Cliffs Pipeline, owned by subsidiaries of Rose Rock (RRMS), Plains All American Pipeline,(PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to expand capacity on its existing system to facilitate increasing shipments of crude oil from the DJ Basin to the Cushing hub. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 150K barrels/day to a maximum of approximately 215K barrels/day. The Expansion Project is expected to be complete by the end of 3Q15. Following completion, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.
November 12, 2014
07:31 EDTNBLBofA/Merrill to hold a conference
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