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News Breaks
November 13, 2012
07:45 EDTCOG, WPZ, PNYPiedmont Natural Gas announces investment in Constitution Pipeline project
Piedmont Natural Gas (PNY) announced its equity investment in Constitution Pipeline Company, a natural gas pipeline project slated to transport natural gas supplies from the prolific Marcellus supply region in northern Pennsylvania to major northeastern markets. The project is scheduled to be in service by March 2015. Piedmont Natural Gas, through its wholly-owned subsidiary Piedmont Constitution Pipeline Company, joins Williams Partners (WPZ) and Cabot Oil and Gas (COG) as a 24% equity participant in the joint venture, and will invest an estimated $180M in the new project.
News For PNY;WPZ;COG From The Last 14 Days
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January 16, 2015
16:30 EDTPNYPiedmont Natural Gas files to further reduce natural gas rates in Carolinas
Piedmont Natural Gas filed to further reduce its natural gas sales rates for customers in North Carolina and South Carolina. The Company's filings mark the second such request in as many months. In December, the Company requested and received approval to reduce its sales rates for customers in both states effective January 1 as a result of declining wholesale natural gas costs which Piedmont passes through to customers on a dollar for dollar basis. These filings before both the North Carolina Utilities Commission and the Public Service Commission of South Carolina reflect additional declines in the Company's wholesale natural gas costs. If approved by the respective commissions, the new rates would go into effect on February 1 with residential customers seeing a reduction of about 3% from January rates and about 8% since the start of the winter period. The average residential customer in North Carolina and South Carolina would save $10 to $15 over the remaining winter months of February, and March.
January 15, 2015
08:26 EDTWPZWilliams says Transco delivered record volumes in early January
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