Enbridge News

The federal government's insistence that cabinet should have final say over resource projects such as Enbridge Inc.'s Northern Gateway pipeline is stirring opposition that could undermine its effort to streamline environmental approvals.

TORONTO, May 29, 2012 - Canada's West Coast First Nations are feeling overwhelmed by crises affecting their land rights, economic well-being and health, prompting warnings in one territorial dispute with a local energy company that the country risks a degeneration of Aboriginal-federal government relations to a level unseen in two decades.

Protest in London, Ontario against the reversal of the Line 9 pipeline, which would allow for the transportation of tar sands oil out to East Coast ports.

Enbridge Inc. today announced it has closed its previously announced public offering of Cumulative Redeemable Preference shares, Series L by a syndicate of underwriters led by Scotiabank, RBC Capital Markets, & TD Securities Inc.

Amit Mor, chief executive officer of Eco Energy Ltd., talks about the outlook for oil prices amid political tensions in Iran.

Overview -- U.S. midstream energy partnership Enbridge Energy Partners L.P. and parent Enbridge Inc.

When the overall market retreats 10% or so as it has recently, you expect your stocks to take a hit.

Enterprise Products Partners LP and Enbridge Inc. said Saturday that the Seaway pipeline has started to accept crude oil at the Cushing, Okla.

There are few companies that have had a worse year than First Solar . Reaching a 52-week high of $140 in July, 2011, the once solar power juggernaut has seen its share price tumble to its current 52-week low of around $15. Although First Solar cannot attribute a single factor to its free fall, there are several main contributors that may be finally ... (more)

ENB has been the subject of a number of other recent research reports. Analysts at Goldman Sachs downgraded shares of Enbridge from a "buy" rating to a "neutral" rating in a research note to investors on Wednesday, February 29th.

An oil pump works at sunset, June 8, 2011, in the desert oil fields of Sakhir, Bahrain.

Enbridge Inc. will enlarge a pipeline that ruptured nearly two years ago in southwestern Michigan so it can carry more oil from deposits in western Canada and North Dakota, a company official said Thursday.

Enbridge Inc. and Enbridge Energy Partners LP today announced approximately $400 million of projects to expand capacity of the Lakehead System mainline between its origin near Neche, North Dakota, to its growing terminal hub in Flanagan, Illinois, southwest of Chicago.

Oil climbed from a six-month low in New York as Enbridge Inc. and Enterprise Products Partners LP prepared to reverse flows on their Seaway pipeline, easing a glut in the central U.S. West Texas Intermediate crude, the U.S. benchmark, rose as much as 1.2 percent on the day that the switch that will move barrels from Cushing, Oklahoma, to the Gulf ... (more)

The company on Wednesday earmarked $2.6-billion to its broad effort to move oil to points east for better access to refineries.

Enbridge Inc. is spending billions on pipeline expansions geared toward moving more crude from Western Canadian and U.S. oilfield regions to eastern markets.

There is no oil shortage in the central United States, and has not been for some time, thanks to increased production from Canadian oil sands, North Dakota, and the Midwest United States: At the same time, demand in the U.S. is down, as Americans are driving fewer miles than in 2008 with more fuel-efficient cars : The result has been that oil is ... (more)

A June 6th hearing is scheduled by the Michigan Public Service Commission to a proposal submitted by Alberta-based Enbridge Incorporated to replace portions of the pipeline, known as Line 6B, to reduce the number of future maintenance needs and restore capacity.

B.C.'s environment minister admits he's feeling the pressure for his government to take a stand on the proposed Northern Gateway pipeline project, but so far, the Liberals are staying silent.

Prince George, B.C.- Enbridge CEO Patrick D. Daniel talked about the Northern Gateway pipeline project in his address to shareholders at the company's annual general meeting in Toronto yesterday.