ADVFN - Advanced Financial Network.
HOME» NYSE » S » SEP Stock Price » SEP Stock News

Spectra Energy Uts Share News

 Spectra Energy Uts Stock Price
SEP Stock Price
 Spectra Energy Uts Stock Chart
SEP Stock Chart
 Spectra Energy Uts Stock News
SEP Stock News
 Spectra Energy Uts Company Information
SEP Company Information
 Spectra Energy Uts Stock Trades
SEP Stock Trades

Enbridge CFO: Cushing Oil To Gulf Coast Project 'Under Discussion'

HOUSTON -(Dow Jones)- Enbridge Inc. (ENB) is discussing with customers the viability of shipping crude oil from the over-supplied storage hub of Cushing, Okla., to refiners along the Gulf Coast, a company executive said Wednesday. Increasing oil production in the U.S. midcontinent region has caused a supply glut in Cushing, forcing U.S. benchmark crude prices to fall well below those for European crude oil. Relieving supply pressure in Cushing has become a mantra for pipeline operators such as Enbridge. "We have projects under discussion with shippers on ideas for linking Cushing to the Gulf Coast," Enbridge Chief Financial Officer Richard Bird said during an analysts meeting. The light, sweet crude coming out of the so-called mid-continent region will eventually head to eastern refiners who now currently depend on oil priced off European benchmark Brent, which is more prevalent along the east coast, Bird said. That will create more need for pipelines that flow east, Bird said. Meanwhile, El Paso Corp. (EP) will make a decision this year whether to build a pipeline to take ethane from the Marcellus shale in Pennsylvania to chemical refiners in Louisiana, said Mark Leland, president of El Paso's pipeline division. The decision has been complicated by Shell Chemical's announcement earlier this month that it will build a world-scale chemical production facility in the Marcellus region, which could keep much of the ethane produced in the shale at home, Leland said. Shell Chemical is a subsidiary of Royal Dutch Shell (RDSA). "The Shell announcement does throw a bit of a wrinkle" into the decision process, Leland said at the analysts meeting. -By Ben Lefebvre, Dow Jones Newswires; 713-547-9201;

Stock News for Spectra Energy Uts (SEP)
11/23/201506:01:46Notice of Effectiveness (effect)
11/21/201512:05:03Holly Energy Partners' Earnings Highlight 3 Things Dividend Investors...
11/06/201516:33:48Securities Registration Statement (simplified Form) (s-3)
11/05/201515:08:52Quarterly Report (10-q)
11/04/201518:45:59Statement of Changes in Beneficial Ownership (4)
11/04/201515:19:04Current Report Filing (8-k)
11/04/201513:33:11Spectra Energy Corp.'s Aggressive Expansion in Demand-Based Markets...
11/04/201506:35:00Spectra Energy Partners Reports Third Quarter 2015 Results
11/03/201517:49:33Statement of Changes in Beneficial Ownership (4)
11/03/201514:15:034 Things Spectra Energy Partners Investors Need to Know About...
10/26/201506:30:19MLPs Bell-Weathered
10/19/201509:00:00Spectra Energy Partners Announces 32nd Consecutive Quarterly...
10/19/201506:30:00Definitive Agreements Executed for Contributions of Sand Hills...
10/07/201512:00:00Spectra Energy and Spectra Energy Partners Schedule Third Quarter...
09/24/201510:15:00Area Families and Businesses to Benefit From Recent PennEast...
09/18/201511:30:00Spectra Energy CEO Greg Ebel to Speak at Raymond James 11th Annual...
09/08/201517:01:12Current Report Filing (8-k)
09/08/201516:01:00Phillips 66, Spectra Energy Announce Plan to Strengthen DCP Midstream
09/04/201510:15:00Spectra Energy CEO Greg Ebel to Speak at 2015 Barclays CEO Energy-Power...

Spectra Energy Uts and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations