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Stock Market & Financial Investment News

News Breaks
July 14, 2014
16:19 EDTNBL, RRMS, WES, PAAWCPL begins commissioning of White Cliffs pipeline expansion
White Cliffs Pipeline, WCPL, owned by subsidiaries of Rose Rock Midstream (RRMS), Plains All American Pipeline (PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to begin the commissioning of the expansion of the White Cliffs Pipeline in July. WCPL expects the Expansion Project, a looping of the existing crude oil pipeline from Platteville, Colorado, to Cushing, Oklahoma, to be fully operational in August. The Expansion Project allows WCPL to help meet the growing demand for midstream services by offering long-haul transportation from the Denver Julesburg Basin. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 76,000 barrels per day to approximately 150,000 barrels per day. Following completion of the Expansion Project, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.
News For RRMS;PAA;WES;NBL From The Last 14 Days
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September 1, 2015
09:18 EDTWESWestern Gas announces non-binding open season for Delaware Basin pipeline
Western Gas Partners announced that its wholly owned subsidiary, Delaware Basin Express, is holding a non-binding open season to identify interest in a new pipeline project serving portions of Reeves, Loving and Ward Counties, TX. The pipeline will provide transportation service from the tailgate of the Ramsey Gas Processing Plant, located in Northern Reeves County, Texas to the downstream intrastate pipelines located in the Waha area near Coyanosa, TX. Additional receipt connections may potentially be added at the tailgates of the MiVida Gas Processing Plant and Bone Spring Gas Processing Plant. The initial capacity of the pipeline will be approximately 600,000 Dth/d of residue gas to the Waha Hub area, and could be increased up to 1,600,000 Dth/d with the addition of compression. Subject to the satisfaction of regulatory requirements and other customary project considerations, DBE expects that the pipeline will be in service by the fourth quarter of 2016.
August 31, 2015
08:19 EDTNBLDelek Group, Noble Energy slip after Eni 'supergiant' gas find
The shares of Israel-based holding and management company Delek Group (DGRLY) plunged in Tel Aviv trading after Italy's Eni SpA (E) announced over the weekend that it has made a "world class supergiant" gas discovery at its Zohr prospect, in the deep waters of Egypt. According to the well and seismic information available, the discovery could hold a potential of 30T cubic feet of lean gas in place, or 5.5B barrels of oil equivalent, Eni stated. The development of the Leviathan field, estimated by Delek to have 21.9T cubic feet of natural gas, has been stalled by the Israeli government. Noble Energy (NBL) has been developing gas fields in Israel with plans to export the fuel to Egypt and other nations in the region. Shares of Delek Group trading in New York closed at $26.17 on Friday. Noble Energy shares, which closed at $34.53 on Friday, were down about 2.7% top $33.60 in pre-market trading.
August 24, 2015
07:19 EDTNBLNoble Energy downgraded to Neutral from Buy at BofA/Merrill
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August 20, 2015
06:50 EDTNBLNoble Energy volatility increases as WTI oil approaches $40
Noble Energy August call option implied volatility is at 45, September is at 41; compared to its 52-week range of 19 to 55 suggesting large price movement.

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