Business news - 22 January 2016

Mountain Valley Pipeline has secured a new 20 year natural gas shipper commitment with Consolidated Edison, Inc.

TransCanada's Energy East pipeline project has been causing more debates between politicians, environmentalists and aboriginal groups. Hearings to decide on the fate of the pipeline project are expected in 2016.

FERC has initiated investigations of four interstate pipeline companies’ rates.

Shut down of two refineries in the southern city of Port Harcourt and Kaduna in the north because of sabotage to crude pipelines.

TransCanada reports results of conversion privilege of Series 5 preferred shares.