Tags » Enbridge Inc

EPA chief had a $50-a-night condo linked to lobbyists. Their client Enbridge had its pipeline approved

WASHINGTON — The Environmental Protection Agency signed off last March on a Canadian energy company’s pipeline-expansion plan at the same time that the EPA chief, Scott Pruitt, was renting a condominium linked to the energy company’s powerful Washington lobbying firm. 1,497 more words

Energy

Pipeline selloff deepens as tax change threatens Enbridge unit’s rating

CALGARY — Credit ratings agency DBRS Ltd. is warning that one of Enbridge Inc. subsidiary’s revenues could tumble by $100 million this year and its credit ratings hurt by new policies in the U.S., which have led to a sector-wide stock selloff. 524 more words

Energy

Main oil pipelines to U.S. will be full for next 3 years — even one not yet built

CALGARY – Canada’s main pipeline export system is full and will remain full even if owner Enbridge Inc. succeeds in completing its Line 3 project, which is currently awaiting approval in Minnesota. 640 more words

Investing

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