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Enbridge looks to transfer Cdn liquids pipeline biz to Enbridge Income Fund
2015-04-01 02:39:53| Oil & Gas - Topix.net
Enbridge Income Fund says it has received a formal proposal that would see the transfer to the fund of the Canadian liquids pipelines business of Enbridge Inc. along with some renewable energy assets. "If completed, the transaction would be transformational for the fund, significantly increasing its business scale and scope as well as providing a highly transparent source of long-term growth," the company said in a release issued Tuesday after markets closed.
Tags: transfer
income
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Enbridge swings to $88M profit in Q4, reversing bit year-earlier loss
2015-02-20 08:00:04| Oil & Gas - Topix.net
Enbridge Inc. has posted an $88-million profit for the fourth quarter, a big change from a year ago when it took a big hedging loss in its energy services division. The Calgary-based concern, one of North America's biggest pipeline operators, said the quarterly earnings amounted to 10 cents per diluted per share.
Enbridge to apply for NEB permission to start up Line 9 pipeline to Montreal
2015-02-07 01:16:36| Energy - Topix.net
Enbridge Inc. expects its newly reversed Line 9 pipeline between southwestern Ontario and Montreal will come into service by the end of June now that it has addressed some of the National Energy Board's environmental concerns. The Calgary-based company plans to ask the NEB for permission to open the pipeline within the next day or two, spokesman Graham White said Friday.
Enbridge to apply for NEB permission to start up Line 9 pipeline to Montreal
2015-02-07 00:43:29| Oil & Gas - Topix.net
Enbridge Inc. expects its newly reversed Line 9 pipeline between southwestern Ontario and Montreal will come into service by the end of June now that it has addressed some of the National Energy Board's environmental concerns. The Calgary-based company plans to ask the NEB for permission to open the pipeline within the next day or two, spokesman Graham White said Friday.
Canadian crude is in the game now, Enbridge CEO says
2015-01-23 15:43:41| Oil & Gas - Topix.net
Canada-based Enbridge Inc. and Houston-based Enterprise Products Partners LP just celebrated the beginning of delivery of Canadian crude - the first oil arrived Dec. 21 - to Freeport, Texas, through a new pipeline system. Heavy crude oil from Canadian tar sands is now flowing en masse into the Houston area for the consumption of refineries and more.
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