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Stock Market & Financial Investment News

News Breaks
June 26, 2014
07:48 EDTRRC, ETP, SSL, LNGRange Resources announces marketing, transportation agreements
Range (RRC) has signed an agreement to act as a foundation shipper on the ET Rover pipeline, a natural gas pipeline project of ET Rover Pipeline, a subsidiary of Energy Transfer Partners (ETP). The project will provide Range the flexibility to move Pennsylvania natural gas to Dawn, Ontario and south to the Gulf Coast. Range has agreed to transport up to 400K Mmbtu per day for 20 years starting in October 2017. The natural gas will be supplied directly from a regional processing plant so there will be no additional transportation charge to move this gas to these potentially premium markets. Range has also signed its first two LNG supply agreements subject to commencement of the projects. The company entered into an agreement with an affiliate of Cheniere Energy (LNG) to supply gas to the Sabine Pass LNG terminal on the Gulf Coast. The Sabine Pass facility is expected to commence service in late 2015. Range is expected to supply gas to the facility for five years starting in 2017. Range also signed an agreement with another company to supply natural gas to another LNG terminal for a term of ten years. Further, Range is in active discussions with several major international companies to supply natural gas to other LNG facilities. Range has also executed two additional fixed term ethane sales agreements that are subject to successful project completion. The first contract will potentially supply an affiliate of Sasol (SSL) with 10K barrels of ethane per day for a multi-year term. Range expects to utilize its ATEX transportation capacity to supply the contract. Sasol anticipates reaching final investment decision later this year on its proposed 1.5M ton per annum ethane cracker and derivatives complex near Lake Charles, Louisiana. The second ethane agreement would supply ASCENT, the petrochemical complex planned by the Odebrecht Organization in Parkersburg, West Virginia. The ethane agreement commits Range to 5K barrels per day for a term of 15 years. The ASCENT ethane will be supplied directly from a regional processing plant, thus resulting in no additional transportation fee to Range.
News For RRC;ETP;SSL;LNG From The Last 14 Days
Check below for free stories on RRC;ETP;SSL;LNG the last two weeks.
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September 17, 2014
07:36 EDTLNGWolfe Research to hold a conference
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07:28 EDTETPEnergy Transfer Equity, Energy Transfer Partners to see growth, says UBS
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September 16, 2014
09:44 EDTRRCMorgan Stanley to hold a summit
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07:30 EDTSSLFoster Wheeler unit awarded EPCm contract by Sasol
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September 15, 2014
09:32 EDTSSLSasol upgraded to Outperform from Neutral at Macquarie
07:23 EDTETPHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.
September 10, 2014
05:46 EDTETPEnergy Transfer Partners reinstated with an Overweight at Barclays
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September 9, 2014
10:18 EDTETPDollar General listed among 5 largest long positions by Jana Partners
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09:29 EDTLNGCheniere Energy price target raised to $100 at BTIG
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