Downgrade Warning

Construction workers work at a site as the sun sets in the northern Indian city of Chandigarh December 16, 2006. REUTERS/Ajay Verma/Files

S&P affirms negative outlook on India, says chances of downgrade remain

Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chance of a ratings downgrade over the next 12 months, a statement said on Friday.  Full Article 

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Enbridge Stingray natgas pipe to return to operation post-Isaac

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NEW YORK | Thu Aug 30, 2012 11:46pm IST

NEW YORK Aug 30 (Reuters) - Enbridge Inc's Stingray natural gas pipeline will begin accepting nominations for flows of natural gas as of Thursday night, the company said in an online filing, after producer shut-ins from Tropical Storm Isaac had cut its flows to zero.

The 325-mile Stingray system transports up to 560 million cubic feet per day of gas from offshore Gulf of Mexico fields in the High Island, West Cameron, East Cameron, Vermillion and Garden Banks offshore areas.
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