CALGARY, Alberta _ Enbridge Inc. on Friday reported second-quarter profit of $287.1 million. The Calgary, Alberta- based company said it had profit of 25 cents per share. Enbridge shares have climbed 18 percent since the beginning of the year.
CALGARY, Alberta— Canadian gas company Enbridge Inc. says it has reached a US $62 million settlement with the U.S. Department of Justice for two pipeline spills in 2010.. Enbridge said Wednesday that of that amount, US $61 million is for a pipeline rupture in Michigan that sent more than three million liters of crude into the Kalamazoo River and a tributary creek,...
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Canada's largest pipeline company cut 5 percent of its workforce, as low crude prices continued to drag on the North American oil and gas industry.
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