GO
Loading...

Enter multiple symbols separated by commas

Enbridge Inc

More

  • TORONTO, June 19- Canada's largest oil pipeline company Enbridge said on Friday it has reached a long anticipated deal to transfer some of its Canadian pipeline and renewable energy assets valued at C $18.7 billion to Enbridge Income Fund, as it moves to boost its dividend and accelerate growth. Calgary- based Enbridge said in addition to dividend growth, the...

  • June 19- Enbridge Inc said it would transfer its Canadian liquids pipelines business and certain Canadian renewable energy assets to Enbridge Income Fund in a deal valued at C $30.4 billion. The deal will provide Enbridge with an alternative source of funding for its growth opportunities and asset acquisitions, the company said on Friday.

  • NEW YORK, June 17- Magellan Midstream Partners LP, one of the ten largest U.S. oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magellan may hire traders and acquire other assets related its existing pipeline and oil storage...

  • NEW YORK, June 17- Magellan Midstream Partners LP, one of the ten largest U.S. oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magellan may hire traders and acquire other assets related its existing pipeline and oil storage...

  • May 6- Enbridge Inc, Canada's largest oil pipeline company, reported on Wednesday a lower-than-expected adjusted quarterly profit as lower pipeline tolls and higher operating costs outweighed increased throughput. Newly elected Alberta Premier Rachel Notley has said she would not support the building of Enbridge's Northern Gateway pipeline to link the...

  • May 6- Enbridge Inc, Canada's largest pipeline company, reported a lower-than-expected adjusted quarterly profit, hurt by hedging losses due to a steep drop in oil and gas prices. Excluding one-time items, Enbridge's profit fell to C $468 million, or 56 Canadian cents per share, in the first quarter ended March 31 from C $492 million, or 60 Canadian cents per share, a...

  • Canada's Enbridge posts quarterly loss Wednesday, 6 May 2015 | 7:13 AM ET

    The Calgary- based company said loss attributable to shareholders was C $383 million, or 46 Canadian cents per share, in the first quarter ended March 31, compared with a profit of C $390 million, or 47 Canadian cents per share, a year earlier.

  • VANCOUVER/ CALGARY, April 23- Canadian regulators had serious concerns the federal government was not consulting enough with aboriginal groups about the Northern Gateway pipeline project, according to internal emails obtained by the Haisla First Nation and released on Thursday. The Enbridge Inc pipeline will move 525,000 barrels of Alberta oil sands...

  • CALGARY, Alberta, April 7- After six years battling bitter opposition to its Keystone XL pipeline project in the United States, TransCanada Corp has learned where and when to pick its fights, to consult early and often- and to retreat when prudent. Canada's No. 2 pipeline company scrapped plans last week to build a crude oil export terminal in Quebec because it would...

  • CALGARY, Alberta, April 7- After six years battling bitter opposition to its Keystone XL pipeline project in the United States, TransCanada Corp has learned where and when to pick its fights. Canada's No. 2 pipeline company scrapped plans last week to build a crude oil export terminal in Quebec because it would endanger beluga whales in the St. Lawrence River.

  • CALGARY, Alberta, March 31- Canada's Keyera Corp and midstream company Kinder Morgan Inc plan to build 4.8 million barrels of new crude oil storage in the marketing hub of Edmonton, Alberta, the two companies said on Tuesday. The terminal will be a 50-50 joint venture with Keyera's share of costs expected to be C $330 million, while Kinder Morgan will potentially...

  • PORT ALBERNI, British Columbia, March 31- In Sarita Bay, a remote cove on Canada's Vancouver Island, aboriginal-owned land used for decades by loggers is slowly being reimagined as a multibillion-dollar export terminal to ship liquefied natural gas to Asia. Aboriginal groups in the West Coast province of British Columbia are often in the news for opposing...

  • OTTAWA, March 26- Canada's Conservative government has given the energy regulator about a year to deliver up-to-date guidelines for pipeline companies to improve safety and protect the environment. Natural Resources Minister Greg Rickford instructed the National Energy Board to study the issue and report its findings with new safety guidelines by next...

  • OTTAWA, March 18- Canada's energy regulator is investigating up to a dozen new allegations of natural gas pipeline safety-code violations at TransCanada Corp, according to documents reviewed by Reuters. It marks the second time in recent years the regulator has probed safety practices at Canada's second-largest pipeline company following complaints by a...

  • OTTAWA, March 19- The Canadian government's review of TransCanada Corp's proposed Energy East pipeline is deeply flawed, Quebec aboriginal leaders said on Thursday, signaling they could line up with opponents of the C $12 billion project. In a letter sent to Canada's natural resources minister and distributed to the media on Thursday, Ghislain Picard, chief of...

  • OTTAWA, March 18- Canada's energy regulator is investigating up to a dozen new allegations of natural gas pipeline safety-code violations at TransCanada Corp, according to documents reviewed by Reuters. It marks the second time in recent years the regulator has probed safety practices at Canada's second-largest pipeline company following complaints by a...

  • CALGARY, Alberta, Feb 4- A U.S. investigation into oil major BP Plc breaking anti-fraud and reporting rules on using oil pipelines is related to crude shipped on Enbridge Inc's Mainline system, Enbridge said on Wednesday. He said the Commodity Futures Trading Commission had not indicated Enbridge was under investigation. Enbridge's 2.2 million...

  • CALGARY, Alberta, Feb 4- A U.S. investigation into oil major BP Plc breaking anti-fraud and reporting rules on using oil pipelines is related to crude shipped on Enbridge Inc's Mainline system, Enbridge said on Wednesday. Graham White, a spokesman for Canada's largest pipeline company, confirmed the investigation is related to crude volumes nominated by...

  • TORONTO, Jan 21- Canada's main stock index rallied on Wednesday after the central bank cut its benchmark rate in a shock move, helping boost shares of energy companies as well as interest-sensitive banks and other financial issues. "The Bank of Canada's surprise cut to its overnight rate will help to buffer against the impact on employment, household incomes and...

  • Enbridge Inc's Illinois- to-Oklahoma Flanagan South line, coupled with Enterprise Products Partners' Oklahoma-to-Texas Seaway Twin line, are delivering their first large-volume shipments to the biggest refinery market in the United States, most of which is built to handle viscous oil like that produced in Canada. "We are connected all the way from Canada to...