On Monday, in the course of current trade, Shares of Energy Transfer Equity LP (NYSE:ETE), climbed 0.20%, and is now trading at $24.93.
Bayou Bridge Pipeline, declares the launch of a binding expansion open season to assess additional interest in transportation service from Nederland, Texas, to refining markets in Louisiana on the Bayou Bridge Pipeline (BBP). Bayou Bridge is jointly owned by auxiliaries of Phillips 66 (PSX), Energy Transfer Partners, L.P. (ETP) and Sunoco Logistics Partners L.P. (SXL).
Construction is already underway on the BBP 30-inch pipeline segment from Nederland, Texas, to Lake Charles, Louisiana. Bayou Bridge anticipates commercial operations for this segment to start in the first quarter of 2016. The results of the expansion open season will be used by Bayou Bridge to determine the diameter of the BBP pipeline segment from Lake Charles to St. James, Louisiana. At St. James, BBP has agreed to a connection with NuStar Energy L.P.’s crude oil terminal and is in negotiations with additional parties to connect to the extensive existing crude oil terminalling infrastructure in the region, counting the Plains Marketing, L.P.’s crude oil terminal. The in-service date for commercial deliveries by Bayou Bridge to St. James, Louisiana, is forecast for the second half of 2017.
Energy Transfer Equity, L.P., through its auxiliaries, provides diversified energy-related services in the Unites States. It owns and operates about 7,700 miles of natural gas transportation pipelines and 3 natural gas storage facilities located in the state of Texas; and about 12,800 miles of interstate natural gas pipeline.
During Morning trade, Shares of Eldorado Gold Corp (USA) (NYSE:EGO), dipped -0.51%, and is now trading at $3.93.
Eldorado Gold Corporation, declared that Greece’s Council of State - the country’s Supreme Court on administrative and environmental matters - has issued an injunction relief #299/2015 in favour of the Labour Center of Halkidiki and the Labour Unions representing the workers of Hellas Gold S.A . - a partner of Eldorado in Greece .
The injunction relief temporarily revokes the decisions of Greece’s Ministry of Energy and Environment, which forced Hellas Gold to suspend its activities in Halkidiki in August (as described in Eldorado’s press releases dated August 19 and August 20, 2015 ). The Council of State, following a hearing held before its plenary session on October 2 nd, is predictable to issue its final ruling regarding the decisions of the Ministry of Energy at some point in the near future. However, until the final ruling is issued the injunction relief granted by the Council of State stands.
Paul N. Wright , Chief Executive Officer of Eldorado , commented, “The injunction relief granted by the Council of State once again demonstrates the integrity and legality of our permits in Halkidiki, Northern Greece . We will resume our mining and construction activities in Halkidiki and bring our employees and contractors back to work, effective right away. Furthermore, we will continue to engage in constructive dialogue with the Ministry of Energy with a view to addressing any concerns the Ministry might have. Mining can make an important contribution to the economic recovery of Greece and we wish to work together with the Ministry of Energy in order to generate job opportunities for the Greek people, pay taxes to the Greek Government, and support economic growth through best available environmental, engineering, health, safety, and community engagement practices. This approach, which Eldorado has successfully adopted over the last two decades in various other jurisdictions, will benefit all stakeholders.”
Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania.
Finally, Visa Inc (NYSE:V), gained 0.31% Monday.
CyberSource, a Visa Inc. company (NYSE:V), and one of the world’s largest providers of eCommerce payment administration services, recently declared a partnership with LINE Thailand, a mobile messenger service application (app). This agreement will allow LINE Thailand to enable mobile payments for its users on LINE Pay, the app’s mobile payment service.
Through this partnership, CyberSource will offer its full suite of payment, fraud administration and tokenization services for LINE Thailand. Via CyberSource’s global payment gateway, LINE Thailand’s acquirer, Krungsri (Bank of Ayudhya), Thailand’s fifth largest bank, will be able to process a wider spectrum of mobile payments from multiple card brands and issuers, in addition to certain alternative payment methods. The solution is designed to provide their customers with secure mobile payment options at associated online and brick-and-mortar stores without requiring an additional app.
LINE has grown globally across 230 countries and regions since 2011, with its mobile messaging service app registering 205 million monthly active users as of April 2015[1]. Thailand has its second largest user base in Asia with 33 million users[2]. As part of the company’s mission to become a platform that encompasses almost every aspect of its users’ digital lives, LINE Pay is one of the latest key features to expand beyond its core revenue streams.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
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