Tags » Enbridge Inc

Five things you should know before you start your work day on Dec. 13

Good morning! Editor Nicole MacAdam (@nicole_mac1) here. Bombardier wins a US$724 million rail contract, marijuana company Aphria says it’s “on the hunt” for acquisitions and Enbridge’s pipelines are nearly full. 536 more words

Executive

Five things you should know before you start your work day on Dec. 1

Good morning and welcome to December! Editor Nicole MacAdam (@nicole_mac1) here. GM jumps ahead in the self-driving car race, Enbridge looks to unload noncore assets, and the Bank of Canada thinks hard about digital currencies. 626 more words

Executive

Enbridge shares climb after company announces $2.3 billion in asset sales

CALGARY — Enbridge Inc shares jumped as much as 6.2 per cent on Thursday after North America’s largest energy infrastructure company announced plans to sell $3 billion (US$2.3 billion) of noncore assets to focus on its central business. 181 more words

Energy

Enbridge shares rise after plans revealed to sell $3B in assets, raise dividend

Shares of Enbridge Inc. popped higher in early trading after the company announced plans to raise its dividend, issue shares and sell off at least $3 billion in assets next year. 240 more words

Energy

Enbridge reaches deal with Michigan on underwater Great Lakes pipeline

CALGARY — Enbridge Inc. says it has reached a deal with the State of Michigan on the aging Line 5 pipelines that run along the bottom of a channel between Lakes Huron and Michigan. 185 more words

Energy

Divestment by world’s largest wealth fund would be US$2.86B hit to Canadian oil and gas

A decision by Norway’s trillion-dollar sovereign wealth fund to fully divest of its fossil fuel holdings would mean battered Canadian oil and gas equity shares currently valued at US$2.86 billion could soon be back on the market. 581 more words

News

Gov. Rick Snyder Cites 'Significant' Concerns Over Pipeline

By David Eggert and John Flesher

LANSING, Mich. (AP) — Michigan Gov. Rick Snyder said Monday he had “significant” concerns after the company that operates twin oil pipelines in a Great Lakes waterway told state officials it had found additional gaps in pipeline coating. 537 more words

News