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Stock Market & Financial Investment News

News Breaks
January 16, 2013
08:02 EDTSU, KMISuncor battles Kinder Morgan over pipeline pricing, Globe and Mail reports
Suncor Energy (SU) is battling the Canadian unit of Kinder Morgan Inc. (KMI), which is seeking approval for a $5.4B expansion of its Trans Mountain pipeline, over prices, reports the Globe and Mail. Major oil companies want to ship to the west coast to take advantage of higher prices on world markets than they can get by shipping to refineries in the U.S. Midwest and Southeast. But some of them are balking at the price, or tolls, which they say would allow Kinder Morgan to earn returns on the project that are far above its historical 7% to 12%. Reference Link
News For SU;KMI From The Last 14 Days
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September 26, 2014
08:04 EDTSUSuncor receives progressive Aboriginal relations certification
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September 23, 2014
08:55 EDTKMIKinder Morgan added to US 1 List at BofA/Merrill
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September 17, 2014
17:51 EDTSUSuncor energy sells share of Pioneer Energy assets
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17:09 EDTKMITGP offers Maine long-term contract for natural gas pipeline capacity
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