Tags » Enbridge Inc

Enbridge Inc shuts down pipeline to U.S. after leak releases 1,350 barrels of oil at pumping station

Canadian oil supplies to the U.S. Midwest were disrupted after Enbridge Inc. shut a pipeline because of a leak.

The company isolated its Line 4 pipe at the Regina terminal in Saskatchewan yesterday after about 1,350 barrels of oil were released within an on-site pumping station, according to a statement. 434 more words

Energy

Enbridge reaches settlement in class-action lawsuit over Kalamazoo River oil spill

BATTLE CREEK, Mich. — The Canadian company responsible for a 2010 oil spill in southwestern Michigan has agreed to pay about $6.8 million to settle a class-action lawsuit. 273 more words

Energy

B.C. Premier Christy Clark confident of Petronas decision in 2015

The B.C. government is confident Malaysian state-owned company Petronas Bhd. will make a decision on its West Coast natural gas export project in 2015, says Premier Christy Clark. 645 more words

Energy

B.C. First Nations chief rejects pipeline, wants meeting with Prentice

A British Columbia First Nations chief wants to meet with Premier Jim Prentice, but insists the Alberta leader isn’t going to change his mind on pipelines. 394 more words

Local News

Enbridge plans Northern Gateway shakeup, giving greater control to aboriginal partners

CALGARY • Enbridge Inc. is planning significantly greater aboriginal participation and control — perhaps even a majority — over the Northern Gateway oil pipeline, while eventually stepping back into more of an operator role, the proposed pipeline’s top executive confirmed Friday. 749 more words

Energy

Enbridge plans Northern Gateway shakeup, giving greater control to aboriginal partners

CALGARY • Enbridge Inc. is planning significantly greater aboriginal participation and control — perhaps even a majority — over the Northern Gateway oil pipeline, while eventually stepping back into more of an operator role, the proposed pipeline’s top executive confirmed Friday. 749 more words

Energy

Enbridge Inc shareholders rejoice. Bondholders, not so much

Enbridge Inc. bondholders are the latest to lose ground as Canadian companies relent to shareholder demands to increase spending and payouts.

Enbridge’s decision yesterday to transfer assets into an affiliate and boost dividends pushed down the price of the company’s $450 million of notes due June 2023, driving relative yields to 153 basis points, the highest since the securities were issued in 2013. 700 more words

Investing