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Stock Market & Financial Investment News

News Breaks
June 4, 2014
08:36 EDTTRP, APA, CVXTransCanada to proceed with $1.9B Merrick Mainline Pipeline Project
TransCanada (TRP) announced that its wholly-owned subsidiary, NOVA Gas Transmission has signed agreements with Chevron (CVX) Canada Limited and an Apache (APA) Canada wholly-owned and controlled partnership for approximately 1.9B cubic feet per day of firm natural gas transportation services to underpin the development of a major extension of TransCanada's NGTL System. The proposed Merrick Mainline Pipeline Project will be a significant new link in British Columbia's emerging liquefied natural gas export market. The pipeline will transport natural gas sourced through the NGTL System to the inlet of CVX/APA's proposed Pacific Trail Pipeline that will terminate at the Kitimat LNG Terminal at Bish Cove near Kitimat. The proposed project will be an extension from the existing Groundbirch Mainline section of the NGTL System beginning near Dawson Creek, B.C. to its end point near the community of Summit Lake, B.C. The $1.9B project will consist of approximately 260 kilometres of 48-inch diameter pipe. Under the commercial arrangements with CVX/APA, delivery volumes will ramp up between 2020 and 2022 to an aggregate volume of approximately 1.9 Bcf/d. NGTL is also in discussions with other parties that have expressed interest in transporting natural gas on the Merrick Mainline.
News For TRP;CVX;APA From The Last 14 Days
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May 20, 2015
07:26 EDTCVXUBS to hold a conference
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May 19, 2015
09:37 EDTCVXActive equity options trading on open
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07:31 EDTAPAUBS to hold a conference
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May 18, 2015
10:01 EDTCVXOn The Fly: Analyst Downgrade Summary
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09:36 EDTCVXActive equity options trading on open
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09:20 EDTCVXW.R. Grace, Chevron JV to build catalysts plant in Lake Charles, LA
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07:56 EDTCVXKosmos provides update on Mauritania drilling
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07:23 EDTCVXChevron downgraded to Sell from Neutral at Goldman
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May 15, 2015
17:08 EDTTRPSoros Fund gives quarterly update on stakes
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06:44 EDTCVXEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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May 13, 2015
06:51 EDTTRPTransCanada to file Energy East amendments in Q4, Globe and Mail says
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May 12, 2015
09:02 EDTTRPTransCanada announces PRGT enters into project agreement with Lake Babine Nation
TransCanada announced that its Prince Rupert Gas Transmission project, or PRGT, has entered into a Project Agreement with the Lake Babine Nation of northern B.C. that provides the Nation with financial and other benefits related to the pipeline project. The Project Agreement will provide annual legacy payments for the duration of the commercial operation of the pipeline, plus immediate benefits on signing, and at other key project milestones.
May 11, 2015
13:28 EDTCVXOPEC sees oil at around $76 a barrel in 2025, WSJ says
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08:14 EDTAPAMorgan Stanley to hold a conference
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