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Shale gas pipeline to the Northeast gets fed nod

2014-12-03 23:09:07| Energy - Topix.net

Federal energy regulators have approved a $700 million pipeline project designed to ferry cheap Marcellus Shale natural gas from Pennsylvania into high-priced markets in New England and New York. The project's backers said Wednesday the Federal Energy Regulatory Commission's approval means the 124-mile Constitution Pipeline could be operational by next winter.

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Shale gas pipeline to the Northeast gets fed nod

2014-12-03 22:52:38| Oil & Gas - Topix.net

Federal energy regulators have approved a $700 million pipeline project designed to ferry cheap Marcellus Shale natural gas from Pennsylvania into high-priced markets in New England and New York. The project's backers said Wednesday the Federal Energy Regulatory Commission's approval means the 124-mile Constitution Pipeline could be operational by next winter.

Tags: gas fed northeast pipeline

 
 

Surma named deputy chair of Cleveland Fed

2014-11-22 07:02:27| Chemicals - Topix.net

Former U.S. Steel Corp. Chairman and CEO John Surma has a new role. He was named deputy chair of the Federal Reserve Bank of Cleveland for 2015.

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Toronto stock market to advance, traders look to Fed minutes for rate hike hints

2014-11-20 07:56:44| Oil & Gas - Topix.net

The Toronto stock market looked set for a fourth day of gains Wednesday, with commodity prices rising and traders awaiting the mid-afternoon release of the minutes from the most recent interest rate meeting of the U.S. Federal Reserve. U.S. futures signalled a weak start to the session with the Dow Jones industrial futures up five points to 17,657, the Nasdaq futures rose 3.8 points to 4,241.8 and the S&P 500 futures added 0.1 of a point to 2,048.7. Investors will be looking to the contents of the minutes to for hints about when the Fed might start hiking rates from near zero, where they have been since the 2008 financial crisis.

Tags: rate market minutes stock

 

Fed in easy decision to end stimulus

2014-11-19 21:42:15| BBC News | Business | UK Edition

Despite turmoil in emerging markets, the US Federal Reserve reached an easy consensus to end its stimulus programme, latest minutes reveal.

Tags: end easy decision fed

 

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