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Enbridge Energy gets green light to move ahead with Sandpiper Pipeline

2015-06-05 23:45:22| Energy - Topix.net

Enbridge Energy will move ahead with its Sandpiper Pipeline thanks to approval Friday from the Minnesota Public Utilities Commission . The PUC issued a unanimous decision citing a need for this pipeline to transport crude from the Bakken Oil Fields of North Dakota.

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With pipeline ruptured, Exxon seeks to move oil with fleet of tankers

2015-06-05 13:49:31| Chemicals - Topix.net

How do you move thousands of gallons of crude a day with a key oil pipeline out of commission indefinitely? Exxon Mobil officials are seeking permission to truck the oil through Santa Barbara County after a ruptured pipeline sent oil spilling into the Pacific Ocean and brought the company's oil transportation operations to a halt. Corrosion had eaten away nearly half of the metal wall of a pipeline that ruptured and spilled up to 101,000 gallons of crude oil along the Santa Barbara coast last month, federal regulators said Wednesday.

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On the move: Economist gives mid-year view of Houston real estate market

2015-06-05 04:26:51| Real Estate - Topix.net

Is Houston headed into a more normalized real estate market as predicted at the beginning of the year? According to Ted C. Jones , chief economist for Stewart Title, that is not likely to happen by year-end. The Houston Association of Realtors ' most recent MLS report stated that Houston's housing inventory for April was at a 2.9-months supply.

Tags: view real estate market

 

UPDATE 2-US fund Elliott challenges Samsung Group restructure move

2015-06-04 10:04:18| Chemicals - Topix.net

An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.

Tags: group update move samsung

 

UPDATE 2-US fund Elliott challenges Samsung Group restructure move

2015-06-04 09:14:41| Electronics - Topix.net

An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.

Tags: group update move samsung

 

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