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Enbridge Inc chief admits the 'agony' of pursuing major projects has crossed his mind

CALGARY — Faced with opposition for its West Coast-bound Northern Gateway project, its Line 9 reversal and delays for its Alberta Clipper pipeline expansion project, the chief executive of Canada’s largest pipeline company Enbridge Inc. 280 more words


Western Canadian crude may be crossing the Atlantic soon as oil giants seek new buyers

Western Canadian crude may be crossing the Atlantic Ocean soon as Canada’s oil companies seek buyers outside North America.

Suncor Energy Inc., the largest Canadian oil company by market capitalization, loaded its first tanker of heavy crude out of Canada’s eastern coast this week. 785 more words


Enbridge to transfer $1.76B in pipeline assets to affiliate

CALGARY — Enbridge Inc. announced a deal Monday to transfer $1.76 billion in pipeline assets to one of its affiliates.

The deal with Enbridge Income Fund includes its 50 per cent interest in the U.S. 146 more words


CIFF: One Night in Aberdeen picks up the win at Alberta Spirit gala

Calgary filmmaker Brett Ferster’s short about two lonely souls who meet at an Aberdeen Super 8 has picked up this year’s Alberta Spirit award at the Calgary International Film Festival Saturday night. 446 more words


Enbridge Inc should raise its payout ratio – Scotiabank

Enbridge Inc., a longtime favourite of income-seeking investors in Canada, might want to rethink its dividend policy.

The energy infrastructure company has been a consistently good performer, but it has failed to outperform its peers despite superior growth and lower risk profile. 212 more words

Trading Desk

Arctic route for Alberta oil could trump stalled B.C. pipeline projects

Alberta’s plan to get its landlocked oil to overseas markets by way of Arctic shores might just become a reality — and sooner than the stalled Northern Gateway or Keystone XL projects. 1,335 more words


Report says Arctic route is ‘feasible’ option to get Alberta oil to overseas markets

OTTAWA — As the president of the Northern Gateway pipeline told a Calgary business audience on Thursday that a 2018 start date was “quickly evaporating,” the Alberta government was sitting on a new possibility to get its oil to overseas markets: the Arctic. 644 more words