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Enbridge Inc

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  • Small natural gas leak reported at Mich. pipeline Tuesday, 16 Dec 2014 | 2:20 PM ET

    TRAVERSE CITY, Mich.— A small volume of liquid natural gas seeped into the atmosphere this month from a "pinhole" opening in an Enbridge Energy Partners LP pipeline in the Upper Peninsula, officials said Tuesday. The Dec. 8 leak near Manistique was from a pipe known as Line 5, Enbridge spokesman Jason Manshum told The Associated Press. "This small leak is a wake-up call...

  • WINNIPEG, Manitoba, Dec 11- Canada's indigenous peoples will not hesitate to use courts, political channels and activism to halt pipelines, mines or other resource projects they oppose, the new head of the country's main aboriginal group said on Thursday. Major projects that are being challenged by aboriginal groups include Enbridge Inc's proposed Northern...

  • Canada says Pacific pipeline route now up to energy firms Thursday, 11 Dec 2014 | 12:30 PM ET

    Industry Minister James Moore said it was now up to Enbridge Inc and Kinder Morgan Inc to ensure the success of the projects from the Alberta oil sands to the Pacific province of British Columbia. Aboriginal protesters and environmental activists are trying to block Kinder Morgan's C $5.4 billion plans to nearly triple the capacity of its Trans Mountain...

  • Enbridge settles Michigan class-action lawsuit Wednesday, 10 Dec 2014 | 8:01 AM ET

    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. A federal judge must still approve the settlement reached last week by Enbridge Inc., based in Calgary, Alberta. The company has agreed to pay about $2.2 million to residents and land owners of...

  • Hawaiian Electric and Taser are big market movers Thursday, 4 Dec 2014 | 4:35 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Hawaiian Electric Industries Inc., up $4.03 to $32.22. Rite Aid Corp., up 12 cents to $5.58.

  • VANCOUVER, Dec 4- Shares of Enbridge Inc surged more than 12 percent to a record high on Thursday, a day after the company outlined plans to transfer ownership of its Canadian pipelines to an affiliate and boost its dividend by 33 percent. The plan will allow Calgary- based Enbridge to accelerate dividend growth and improve funding costs for new projects,...

  • NYSE stocks posting largest percentage increases Thursday, 4 Dec 2014 | 1:41 PM ET

    NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Tilly's Inc. rose 21.6 percent to $8.60. Hawaiian Electric Industries Inc. rose 15.1 percent to $32.45.

  • Calgary, Alberta- based Mawer Investment Management Ltd has C $26 billion in assets under management, up from just C $5 billion in 2008.. "We have obviously a lot of clients in Canada that want to have a portion of their investments in Canadian dollars, so we do," Mawer President Michael Mezei told Reuters. Its large-cap Canadian Equity Fund has outperformed the...

  • CALGARY, Alberta, Nov 20- TransCanada Corp's plans for a pipeline to ship Alberta oil to Canada's East Coast face a new hurdle after Quebec said this week the project must meet seven conditions before it will be allowed to proceed through the province. Quebec's demands for the C $12 billion project, known as Energy East, follow a failed vote in the U.S. Senate aimed at...

  • CALGARY, Alberta, Nov 20- TransCanada Corp's plans for a C $12 billion pipeline to. Quebec's demands for the project, which TransCanada calls Energy East, come just days after a failed vote in the U.S. Senate aimed at forcing presidential approval of TransCanada's controversial Keystone XL pipeline, which would move crude from the Alberta oil sands to the U.S. Gulf...

  • Canadian crude imports likely to keep falling -NEB Thursday, 13 Nov 2014 | 4:44 PM ET

    Canada has the world's third-largest crude reserves behind Saudi Arabia and Venezuela, most of which are located in the oil sands in northern Alberta. The closure of Shell Canada's Montreal East refinery in Quebec, and Imperial Oil Ltd's refinery in Dartmouth, Nova Scotia, has also reduced demand for imported crude. NEB data showed that the U.S. shale boom has...

  • WASHINGTON, Nov 12- The U.S. State Department must halt plans to expand an oil sands pipeline route from Canada to Wisconsin until possible environmental harm has been closely studied, several green groups said in a lawsuit filed on Wednesday. An Enbridge Inc proposal for its Line 3 pipeline from Alberta to Wisconsin is part of a $7.5 billion upgrade on its system...

  • WASHINGTON, Nov 12- The U.S. State Department must halt plans to expand an oil sands pipeline route from Canada to Wisconsin until possible environmental harm has been closely studied, several green groups said in a lawsuit filed on Wednesday. An Enbridge Inc proposal for its Line 3 pipeline from Alberta to Wisconsin is part of a $7.5 billion upgrade on its system...

  • Oct 29- Canadian oil sands producer MEG Energy is considering applying for a license to re-export Canadian crude from the U.S. Gulf Coast, chief executive officer Bill McCaffrey said on Wednesday. MEG has committed capacity of up to 100,000 barrels-per-day on Enbridge's new Flanagan South pipeline, which will link up with the Seaway pipeline to transport...

  • CANADA STOCKS-TSX climbs as resource prices rise Tuesday, 28 Oct 2014 | 4:56 PM ET

    TORONTO, Oct 28- Canada's main stock index rose more than 1 percent on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies as investors returned to buying after a sharp sell-off in recent weeks. Suncor Energy Inc was the biggest positive driver, adding 2.2 percent to C $39, while Canadian Natural Resources Ltd gained...

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • DIARY - Top economic Events to Nov 5 Thursday, 23 Oct 2014 | 8:01 PM ET

    MILAN, Italy- ECB Executive Board member Peter Praet speaks at the International Banking Conference "Structural changes in the banking sector" organized by Bocconi University- 0820 GMT. FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. LONDON- Bank of England Deputy Governor...

  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • CALGARY, Alberta, Oct 20- Spot crude-by-rail volumes are down in Canada as traders and marketers including Glencore PLC are deterred by stronger heavy oil prices that have erased arbitrage opportunities to ship cheap crude from landlocked Alberta to higher-priced U.S. markets, industry sources said. The international commodities group Glencore no longer...