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  • Aug 17- Canadian pipeline operator Enbridge Inc is rationing space for mid-month on its line 4/ 67 ex Kerrobert for August, according to a notice to shippers on Monday that was seen by Reuters. Enbridge restarted two key Canadian crude lines last week after they were shut following a crude oil release in Missouri on Aug 11. The discount on Western Canada Select...

  • CALGARY, Alberta, Aug 14- The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions. The five members of the panel are University of Alberta energy economist Andrew Leach, former Suncor Energy executive...

  • OTTAWA, Aug 7- The leader of Canada's small Green Party, which has a long-shot chance of holding the balance of power after the country's Oct. 19 election, said on Friday she does not favor shutting down the Alberta oil sands, a favorite target of environmentalists. Polls show the center-right Conservatives could lose their majority in the House of Commons in the...

  • VANCOUVER, July 31- Enbridge Inc, Canada's largest pipeline company, said additional testing on its Sarnia, Ontario, to Montreal project should wrap up by the end of the year, allowing the company to finally start up the delayed Line 9 oil pipeline. Canada's energy regulator, the National Energy Board, in June imposed new conditions on the 300,000 barrel-per-day...

  • July 31- Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected rise in quarterly adjusted profit, helped by increased throughput as producers moved more oil by pipes than on rail. Enbridge said on Friday it had completed projects worth about C $3 billion so far this year and expects to complete projects worth another C $5 billion by...

  • The Calgary- based company's adjusted earnings rose to C $505 million, or 60 Canadian cents per share, in the second quarter ended June 30, from C $328 million, or 40 Canadian cents per share, a year earlier.

  • FORT MCMURRAY, Alberta, July 22- Finding the root cause of the oil-sands pipeline leak discovered earlier this month in northern Alberta, one of the biggest oil-related spills on land ever in North America, will likely take months, a senior Nexen Energy executive said on Wednesday. Nexen, a subsidiary of China's CNOOC Ltd, is putting a higher priority on cleaning up...

  • CALGARY, July 20- The builder of a ruptured Nexen Energy oil sands pipeline in Canada that caused one of North America's largest oil-related land spills said on Monday it had followed the design plans it was given for the infrastructure. Surerus Pipeline Inc, a contractor based in Fort St. John in British Columbia, "had no involvement in this project after the...

  • CALGARY, Alberta, July 17- Nexen Energy apologized on Friday for an oil sands pipeline leak in the Canadian province of Alberta that is one of North America's largest-ever oil-related spills on land, and said its clean-up crews were working around the clock. The subsidiary of China's CNOOC Ltd said it is still trying to find the root cause of the leak in the...

  • 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...