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Stock Market & Financial Investment News

News Breaks
January 14, 2013
08:09 EDTSE, SEPSpectra Energy, Spectra Energy Partners announce agreement with Eastern Chemical
Spectra Energy (SE) and Spectra Energy Partners (SEP) announced that their East Tennessee Natural Gas pipeline has executed agreements with Eastman Chemical Company to provide an additional 86 million cubic feet per day of firm transportation capacity for 25 years to Eastman's Kingsport, Tennessee, facility. The projects have a combined capital cost of approximately $120M and include modifying existing ETNG facilities and building a new 6.4-mile pipeline extension. Coupled with Eastman's current contracts, ETNG will provide 121 Mmcf/d of firm capacity to the Kingsport facility when the projects are completed.
News For SE;SEP From The Last 14 Days
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April 15, 2014
09:18 EDTSESpectra Energy elects CEO Gregory Ebel as chair of the board of directors
Spectra Energy announced that the board of directors has elected Gregory L. Ebel to serve as chair of the board of directors. Ebel, who has been president and CEO since January 2009, replaces William T. Esrey who is retiring after serving as chair for the past five years. The company also announced that F. Anthony Comper has been elected as independent lead director. Comper, originally elected to the board in 2007, is the former chair and retired president and CEO of BMO Financial Group and will serve as a member of Spectra Energy's corporate governance and audit committees. Both of these appointments will be effective immediately.

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