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Stock Market & Financial Investment News

News Breaks
June 4, 2014
08:36 EDTTRP, CVX, APATransCanada 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
Check below for free stories on TRP;CVX;APA the last two weeks.
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August 29, 2014
06:38 EDTCVXRising oil supplies pressuring prices, NY Times says
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August 26, 2014
06:45 EDTCVXChevron aims for $1.5B in Canadian oil endeavor, Reuters says
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August 25, 2014
16:36 EDTCVXPacific Drilling gets firm contract extension for the Pacific Bora
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09:11 EDTTRPOn The Fly: Pre-market Movers
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August 24, 2014
19:13 EDTAPAApache still trades at a discount to peers, Barron's says
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18:52 EDTTRPTransCanada could climb 35%, Barron's says
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August 18, 2014
17:23 EDTAPAApache looks cheap, Barron's says
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10:43 EDTTRPHigh option volume stocks
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09:02 EDTAPAApache confirms Canning Basin oil discovery offshore Western Australia
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06:44 EDTAPANatural gas companies worried about regulatory outlook, The Hill says
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06:05 EDTAPAApache discovers oil field in Western Australia, WSJ reports
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