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Enbridge Inc

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  • Oct 11- Canada's main stock index looked set to open higher on Thursday, on expectations that Spain would be pressured to seek a sovereign bailout after S&P downgraded it to just one notch above junk. *The IMF backed giving debt-burdened Greece and Spain more time to reduce their budget deficits, cautioning that cutting too far, too fast would do more harm than good.

  • PRESS DIGEST-Canada-Oct 11 Thursday, 11 Oct 2012 | 6:04 AM ET

    *A Canadian naval intelligence officer pleaded guilty to spying for Russia, a public admission of an embarrassing espionage scandal that has damaged Canada's reputation among allies and will likely reverberate for years.

  • VANCOUVER, Oct 10- Enbridge Inc needs to do a better job of communicating to most British Columbians and other Canadians the merits of its contentious Northern Gateway oil pipeline planned for the Western Canadian province, a senior company official said on Wednesday.

  • *Terms of the deal with Phillips 66 not disclosed* Terminal has 5 million barrels of storage capacity* It is located 80 miles east of New York Harbor.

  • *Canada expects Indian companies will make oil sands deals. *Chinese bid for oil producer Nexen makes waves in Canada. To some political consternation in Canada, China is rapidly buying up assets in the tar sands of northern Alberta, one of the world's biggest crude oil deposits.

  • RESEARCH ALERT-BMO raises Enbridge to outperform Thursday, 4 Oct 2012 | 7:27 AM ET

    *Bmo raises Enbridge Inc to outperform; price target to C $47 from. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • PRESS DIGEST-Canada-Oct 4 Thursday, 4 Oct 2012 | 6:11 AM ET

    *Parliament held an emergency debate Wednesday night on how to respond to an E. coli outbreak that has triggered the country's largest beef recall and sent the Harper government scrambling to defend the safety of Canada's food supply.

  • CANADA STOCKS-TSX dips amid mixed economic signals Wednesday, 3 Oct 2012 | 4:36 PM ET

    TORONTO, Oct 3- Canada's main stock index ended modestly lower on Wednesday, as signs of a worsening economic slowdown in China and Europe weighed on commodity prices and resource shares, offsetting better-than-expected U.S. data. Canadian Natural Resources was the most influential decliner, down 2.9 percent to C $30.28.

  • EPA: More cleanup needed in 2010 Enbridge spill Wednesday, 3 Oct 2012 | 2:20 PM ET

    MARSHALL, Mich.-- The U.S. Environmental Protection Agency on Wednesday told Enbridge Inc. that the pipeline company's massive 2010 oil spill in the Kalamazoo River system requires more cleanup work. The agency says it informed Enbridge more work is need upstream from the Ceresco and Battle Creek dams and Morrow Lake.

  • Canada crude-Synthetic, heavy grades weaken Wednesday, 3 Oct 2012 | 2:15 PM ET

    Light synthetic crude for November delivery last sold for $9.75 a barrel over benchmark West Texas Intermediate, compared with $12 a barrel over WTI on Tuesday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $11 a barrel under WTI, an 80- cent wider discount than on Tuesday.

  • *In one case, payment of more than $7 mln held up over $100 invoice. By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.

  • *In one case, payment of more than $7 mln held up over $100 invoice. *Caution shows government taking appropriate care-CEO By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.

  • Canada crude-Grades strengthen despite refinery work Tuesday, 2 Oct 2012 | 3:08 PM ET

    *Illinois, Montana refineries down for work. CALGARY, Alberta, Oct 2- Canadian crude prices strengthened on Tuesday, despite outages at some key U.S. refineries, after Syncrude Canada Ltd, one of the top to oil sands mining operations, reported lower production.

  • Here are eight stocks cited by S&P Capital IQ as being poised for long-term gains based on North America’s booming oil production, arranged in inverse order of analysts’ most positive ratings.

  • Could Spain Damage Markets, Like Lehman? Tuesday, 5 Jun 2012 | 12:49 PM ET

    Pro traders are starting to worry that if the worst case scenario plays out – Spain could be as damaging to the market as the collapse of Lehman Brothers.

  • Top 10 Countries for Chinese Investments Wednesday, 23 May 2012 | 6:51 PM ET

    The massive financing needs of China's two biggest trading partners — the U.S. and Europe — could leave Beijing spoiled for choice as it plans to spend $560 billion in foreign investments over the next five years.

  • Pipeline Players Are the Next Wave in Oil Boom Thursday, 5 Apr 2012 | 1:03 PM ET
    Houston Echo Terminal Pipeline

    Talk to oil and gas industry veterans and they'll tell you, the U.S. is in the midst of an energy renaissance, with national oil production at a 12 year high, thanks to the boom in Shale oil production in places like North Dakota.

  • The Great American Energy Boom Thursday, 29 Mar 2012 | 12:42 PM ET

    The looming Iranian oil embargo has heightened the concern of risk to global oil supplies. Meanwhile, energy production in this country is booming.

  • Enbridge CEO Talks Pipeline Profits  Wednesday, 29 Feb 2012 | 8:27 PM ET

    Patrick Daniel, Enbridge CEO, discusses major growth opportunities in pipeline infrastructure and how Enbridge is positioned to profit from it.

  • Enbridge CEO Talks Pipeline Profits     Wednesday, 29 Feb 2012 | 6:15 PM ET

    Patrick Daniel, Enbridge CEO, discusses major growth opportunities in pipeline infrastructure and how Enbridge is positioned to profit from it, with Mad Money's Jim Cramer.