Group opposes Leech Lake oil pipeline Jul 25, 2009
The Leech Lake Tribal Council approved a deal with Enbridge Energy to allow the pipeline to run across the reservation ... Enbridge says the line is being built to respond to demand for more crude oil ... An Enbridge spokeswoman says the company expects to start construction in a couple weeks. (Brainerd Daily Dispatch)
Enbridge Will Fund Two-Thirds of U.S. Affiliate's Oil-Pipeline Project Jul 21, 2009
Enbridge to Aid U.S. Affiliates Oil-Pipeline Project (Update3) - Bloomberg ... Enbridge to Aid U.S. Affiliates Oil-Pipeline Project (Update3) ... Enbridge will get two-thirds of the earnings and cash flow from the project by its U.S. affiliate Enbridge Energy Partners LP, the company and partnership said today in a joint statement. (Bloomberg -- Canada)
Seminole Baseball Summer Update Jul 17, 2009
USA Baseball will next travel to Prince George, British Columbia, Canada to compete in the Enbridge Northern Gateway World Baseball Challenge July 16-26. Team USA will face off against Canada, Sunday, July 19, at 7:00 PM (10:00 PM ET). (Seminoles.com)
Enbridge to Build Pipeline System for Kearl Oil-Sands Project in Alberta Jun 23, 2009
Enbridge to Develop Pipeline System for Kearl Project (Update2) - Bloomberg ... Enbridge to Develop Pipeline System for Kearl Project (Update2) ... The first phase will connect the Kearl oil-sands site north of Fort McMurray, Alberta, to Enbridges Cheecham terminal near Nexen Inc.s Long Lake development, , an Enbridge spokeswoman, said today in a telephone interview. (Bloomberg -- Canada)
Pipeline companies defend need for Alaska's natural gas Jun 20, 2009
This week, a top executive at Enbridge Inc., a Canadian pipeline competitor, publicly doubted that there would be enough demand for Alaska gas, given the pipeline's expense ... He said Enbridge said gas would have to sell for $5 per million BTU's to be profitable, but TransCanada predicts they can be profitable at $2. (Juneau Empire)
Mike McGee Joins Teammate Holt At USA Baseball National Team Trials Jun 17, 2009
Following its domestic exhibition schedule, the U.S. will travel to Japan to compete in the 37th Annual Japan vs. USA Collegiate Championships before closing out its summer in Canada at the Enbridge Northern Gateway Pipeline World Baseball Challenge in Prince George, British Columbia. The 2009 team will be coached by Tulane University head coach Rick Jones, who previously served as an assistant coach for the United States on the 1989 Presidential Cup Team and 1990 National Team. (Seminoles.com)
CHOICE HEADS TO NORTH CAROLINA FOR USA BASEBALL NATIONAL TRIALS Jun 16, 2009
Team USA will then travel to Japan to participate in the 37th annual USA vs. Japan Collegiate Championships before traveling to Price George, British Columbia, Canada for the 2009 Enbridge Northern Gateway Pipeline World Baseball Challenge. 2009 USA Baseball National Team (Collegiate) Trials invitees Name (Pos. (Utamavs.com)
Winkler Invited to 2009 National Team Trials Jun 16, 2009
Following its domestic exhibition schedule, the U.S. will travel to Japan to compete in the 37th Annual Japan vs. USA Collegiate Championships before closing out its summer in Canada at the Enbridge Northern Gateway Pipeline World Baseball Challenge in Prince George, British Columbia. The 2009 team will be coached by Tulane University head coach Rick Jones, who previously served as an assistant coach for the red, white and blue on the 1989 Presidential Cup Team and 1990 National Team. (Gofrogs.com)
TCU's Kyle Winkler Invited to USA Baseball National Team Trials Jun 16, 2009
Following its domestic exhibition schedule, the U.S. will travel to Japan to compete in the 37th Annual Japan vs. USA Collegiate Championships before closing out its summer in Canada at the Enbridge Northern Gateway Pipeline World Baseball Challenge in Prince George, British Columbia. . (Themwc.com)
Ontario Job Losses Signal Province to Trail While Rest of Canada Recovers Jun 6, 2009
I personally am not in favor of a lot of bailouts in areas that might not be in the longer-term, strategic interest of the country, , chief executive officer of Calgary-based pipeline company Enbridge Inc., said in a June 1 interview. We need to kind of retool for the future rather than throwing money in the direction of the past. (Bloomberg -- Canada)
Bank of Canada Leaves Rate at 0.25%, Says Dollar Gain May Slow Recovery Jun 5, 2009
The central banks past rate cuts are working, said , chief executive officer of Enbridge Inc., the biggest transporter of oil to the U.S. from Canadas oil sands. He also said Canadian energy companies are benefiting from a rise in the price of crude oil, which has gained 52 percent this year. (Bloomberg -- Canada)
Carney May Keep Canada Rate at Record Low as Surging Dollar Hits Exporters Jun 4, 2009
Those moves are working, said , chief executive officer of Enbridge Inc., the biggest transporter of oil to the U.S. from Canadas oil sands. The spreads are still quite wide on bonds, corporate bonds, but they are narrowing in and getting better every day, he said in an interview. (Bloomberg -- Canada)
Bettis Earns Invitation To USA National Team Trials Jun 4, 2009
" Bettis, a native of Lubbock and a product of Monterey High School, will join Baylor right-hander Logan Verrett at the trials as the only two players from the league to earn invitations to the prestigious camp. The trials will be held at the USA Baseball National Training Complex, June 15-24. The roster will be cut to 22 players and announced on June 24. Bettis is coming off a stellar sophomore season in 2009 and was without question the team's most valuable player. He led the Tech pitching... (Texastech.com)
3,000 workers needed for pipeline project Jun 2, 2009
- Enbridge Energy plans to begin hiring 3,000 workers next month to help build two big pipeline projects in Wisconsin and Minnesota. Enbridge spokeswoman Denise Hamsher says the Alberta Clipper and Southern Lights pipelines will be built simultaneously ... Enbridge is still waiting for permits from the federal government and the Wisconsin Department of Natural Resources. (Chippewa Falls Chippewa Herald, WI)
Enbridge Chief Executive Says Harper's Auto Money Is Focused on the Past Jun 2, 2009
Enbridge Chief Says Auto Money Is Focused on the Past (Upate1) - Bloomberg ... Enbridge Chief Says Auto Money Is Focused on the Past (Upate1) ... Enbridge Inc., based in Calgary, is the biggest transporter of oil to the U.S. from Canadas oil sands. (Bloomberg -- Canada)
ICC denies eminent domain claim for Enbridge pipeline May 27, 2009
SPRINGFIELD -- Enbridge-Illinois has proven the need for a 170-mile crude oil pipeline through central Illinois but the company has not earned the right just yet to take land from property owners along the route, according to a proposed order filed Friday with the Illinois Commerce Commission. Enbridge has been challenged for two years by landowners who oppose plans to build the pipeline that could carry Canadian crude oil from a terminal near Flanagan to a crude oil hub at Patoka ... Enbridge... (The Pantagraph newspaper)
Public at Superior can weigh in on pipeline May 25, 2009
The Wisconsin Department of Natural Resources said the hearing on permits sought by Enbridge Energy Co. Inc. will be at the Superior Public Library the evening of June 4. As planned, a 36-inch diameter pipeline, known as the Alberta Clipper, will bring crude oil from the tar sands of Alberta to refineries in the Midwest U.S. A 20-inch pipeline will flow the opposite way, returning gasoline-like diluent that thins crude oil for pumping. (Chippewa Falls Chippewa Herald, WI)
Canada's Deepest Recession Since 1930s May Also Feature Quickest Recovery May 20, 2009
Improved credit markets have allowed companies like Enbridge Inc., the biggest transporter of oil to the U.S. from Canadas oil sands, to move ahead with the new debt sales to finance operations. Enbridge sold C$400 million of bonds last week ... Our approach is to watch for windows when we think there are opportunities to raise capital funds, said , Enbridges chief financial officer. (Bloomberg -- Canada)
Ecopetrol Will Be the New Operator of OCENSA May 20, 2009
The above decision follows the agreement announced by ECOPETROL in March 2009 to acquire Enbridge's share in Ocensa, which increased Ecopetrol's holding from 35 ... Since its start-up in March 1995, Ocensa's operation was managed by Enbridge Inc., through its subsidiary Cit Colombiana S.A. (Citcol). (PR Newswire)
Sentry Select Capital Inc. Announces Exchange Ratios for Sentry Select Canadian Income Exchange Fund May 16, 2009
1352 ---------------------------------------------------------------------------- Enbridge Income Fund ENF.UN 11 ... 9921 ---------------------------------------------------------------------------- Enbridge Inc. ENB 37. (CCNMatthews Press Releases)
Ecopetrol Reports its Results for the First Quarter of 2009 May 14, 2009
On March 17, Ecopetrol finalized the operation for the acquisition of the shares of Enbridge Inc. of Canada in Ocensa S.A., a strategic asset due to its position as most important crude output route from the area with the highest potential to the most important refining center and ports of export. Ecopetrol increased its share from 35. (PR Newswire)
EPCOR Announces Quarterly Results May 8, 2009
On March 26, 2009, the Government of Canada, under Natural Resources Canada, selected EPCOR, Enbridge Inc. and the Alberta Saline Aquifer Project (ASAP), acting in partnership, to receive funding under the ecoENERGY Technology Initiative for the Genesee post-combustion demonstration plant project ... The amount of funding that the EPCOR-Enbridge-ASAP partnership will receive will be finalized during the contribution agreement stage ... EPCOR and Enbridge also submitted this project to the... (Canada Newswire)
ARC Energy Trust announces first quarter 2009 results May 7, 2009
MANAGEMENT'S DISCUSSION AND ANALYSIS ------------------------------------ This management's discussion and analysis ("MD the Trust management's analysis of its financial performance and significant trends or external factors that may affect future performance. It is dated May 5, 2009 and should be read in conjunction with the unaudited Consolidated Financial Statements for the period ended March 31, 2009 and the audited Consolidated Financial Statements and MDt and for the year ended December... (Canada Newswire)
Pipeline sale lifts Enbridge profit May 7, 2009
CALGARY Enbridge Inc. said Wednesday a significant gain on the sale of its stake in a Colombian pipeline helped to more than double profits during the first quarter of 2009 ... Results were bolstered by the $329-million after-tax gain booked from Enbridge's sale of its interest in the Ocensa pipeline, a $400-million (U.S.) transaction announced in March ... Enbridge said its financial results have positioned the company for at least 10-per-cent growth in earnings per share over the full fiscal... (Globe and Mail -- Business)
Enbridge Income Fund Announces Cash Distribution Apr 18, 2009
Press Release Source: Enbridge Income Fund ... CALGARY, ALBERTA--(Marketwire - April 17, 2009) - Enbridge Income Fund (TSX: - ) today announced that a monthly cash distribution, in the amount of $0 ... 096 per unit was also declared on the preferred units of Enbridge Commercial Trust, a subsidiary entity of the Fund. (CCNMatthews Press Releases)
5-Star Stocks Poised to Pop: Enbridge Energy Apr 15, 2009
Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Canadian energy distributor Enbridge Energy Partners (NYSE: EEP) has earned a coveted five-star ranking. With that in mind, let's take a closer look at Enbridge Energy's business and see what CAPS investors are saying about the stock right now ... Enbridge Energyfacts. (MSNBC -- Business)
A daredevil portfolio for (highly) risk-tolerant investors Apr 12, 2009
These dividend growers in tough times include TransCanada, Enbridge, Canadian National Railway, SNC-Lavalin, Rogers Communications and Atco, as well as smaller companies likeCCL Industries, Metro Inc. and Enghouse Systems. It's standard investing wisdom for investors to seek out dividend-growth companies like these for exposure to the stock markets. (Globe and Mail)
Terrance Houle : GIVNR Apr 2, 2009
In 2006 Terrance was awarded the Enbridge Emerging Artist Award at the City of Calgary Mayors Luncheon. Involved with Aboriginal communities all his life, Houle has traveled to reservations throughout Canada and the United States to participate in Powwow dancing and other Native ceremonies. (AbsoluteArts.com)
Enbridge pipeline blocked at Fond du Lac Mar 20, 2009
Enbridge Energy's plans for a 1,000-mile pipeline to move Canadian crude have hit a rough patch at the Fond du Lac Indian reservation ... Enbridge proposed a 21-mile detour around the reservation, but Minnesota regulators declined to approve that on Thursday ... They say the best route is through the reservation alongside an existing Enbridge pipeline. (Brainerd Daily Dispatch)
Canadian Stocks Rise for Sixth Day, Led by Oil Producers, on U.S. Housing Mar 18, 2009
Enbridge Inc. and Talisman Energy Inc. climbed as crude oil hit a two-month high. Royal Bank of Canada and Bank of Nova Scotia led gains among financial companies on the prospect of an economic turnaround. (Bloomberg -- Canada)
Oil patch lobby pushes Asian alternative Mar 18, 2009
Still, both Kinder Morgan Canada and Enbridge Inc. have pushed for West Coast crude pipelines that could serve Chinese and other Asian markets ... Enbridge, too, is pursuing a multibillion-dollar 1,170-kilometre oil pipeline from Edmonton to Kitimat ... Neither Kinder Morgan nor Enbridge has held an open season to sign contracts with shippers for those expansions, although a Kinder Morgan spokesman said producer interest has been rising, and the company could hold an open season later this year.... (Globe and Mail)
Enbridge sells Colombian pipeline stake for $400-million Mar 17, 2009
Calgary Enbridge Inc. shed the last of its international investments Monday with the sale of its minority ownership in a Colombian pipeline to Ecopetrol SA for $400 million (U.S.). The Colombian national oil company has agreed to buy Enbridge's 24 ... Calgary-based Enbridge said it expects the net after-tax proceeds will be worth the equivalent of about $535-million (Cdn) from the sale. (Globe and Mail -- Business)
TSX rallies for fifth day as Wall Street's optimism fades Mar 17, 2009
Enbridge Inc. has agreed to sell its indirect 24. 7-per-cent interest in the OCENSA pipeline to Ecopetrol, the Colombian national oil company, for approximately $400-million (U.S.). (Globe and Mail -- Business)
DRIP investments offer steady return for retired teacher Mar 14, 2009
Portfolio: Over two dozen Canadian and U.S. stocks, including BCE Inc., Bank of Montreal, Bank of Nova Scotia, Emera Inc., Enbridge Inc., Imperial Oil Ltd., RioCan Real Estate Investment Trust, Suncor Energy Inc., Telus Corp., TransCanada Corp., Abbott Laboratories, Johnson & Johnson and Coca Cola Co.. Bob Gibb. (Globe and Mail -- Business)
Viterra Hosts Annual Meeting for Shareholders Mar 12, 2009
She is a Group Vice-President with Enbridge Inc. in Calgary and holds a Bachelors degree (Great Distinction) with a focus in Program Administration & Evaluation and Psychology from the University of Regina. She earned her Masters degree at the University of Calgary. (CCNMatthews Press Releases)
Connecticut Department of Public Utility Control Issues Revised Draft Decision Approving 27.3 Megawatts of Projects Using FuelCell Energy Power Plants Mar 11, 2009
Direct FuelCell, DFC, DFC/T and FuelCell Energy, Inc. are all registered trademarks of FuelCell Energy, Inc. DFC-ERG is a trademark jointly owned by Enbridge, Inc. and FuelCell Energy, Inc.. Contact. (Primezone Releases)
FuelCell Energy Reports First Quarter 2009 Results and Latest Accomplishments Mar 11, 2009
Direct FuelCell, DFC, DFC/T and FuelCell Energy, Inc. are all registered trademarks of FuelCell Energy, Inc. DFC-ERG is a trademark jointly owned by Enbridge, Inc. and FuelCell Energy, Inc.. FUELCELL ENERGY, INC. Consolidated Balance Sheets (Unaudited) (Dollars in thousands, except share and per share amounts) January October 31, 2009 31, 2008 --------- --------- ASSETS Current assets: Cash and cash equivalents $ 16,298 $ 38,043 Investments: U.S. treasury securities 27,270 30,406 Accounts... (Primezone Releases)
Aecon Reports Record Results for 2008 Mar 4, 2009
- In October 2008, Aecon announced a four-year alliance contract with Enbridge Gas totalling approximately $180 million. Consistent with Aecon's backlog policy and as with similar contracts with Union Gas and Bell Canada, among others, this contract is not included in Aecon's reported backlog. (CCNMatthews Press Releases)
A new ethos for the still-endangered Walrus Feb 28, 2009
Meanwhile, corporate sponsors such as the Royal Bank, Toronto Dominion Bank, the Bank of Montreal and Enbridge Inc. have come aboard in one capacity or another. Last year, the Walrus Foundation took in $1. (Globe and Mail)
Dividend 15 Split Corp.: Financial Results to November 30, 2008 Feb 26, 2009
Dividend 15 invests in a portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Income Fund, BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, The Thomson Corporation, TransAlta Corporation, TransCanada Corporation. Shares held within the portfolio are expected to range between 4-8% in weight but may... (CCNMatthews Press Releases)
Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2008 Financial and Operating Results Feb 24, 2009
Whiting expects its 17-mile oil line connecting the Sanish field to the Enbridge pipeline in Stanley, North Dakota to be in service at the end of the second quarter of 2009. The Company holds interests in a total of 125,557 gross acres (83,606 net acres) in the Sanish field. (PR Newswire)
Valley business promotions and new hires Feb 21, 2009
Additional officers are Val Jensen, ComEd, vice chair of local chapters; Katherine Johnson, Johnson Consulting Group, vice chair of publications; Tami Rasmussen, KEMA, co-vice chair of education with Michael Brophy, Enbridge Gas Distribution; Lisa Skumatz, Skumatz Economic Research Associates, vice chair of member services; and Sara Van de Grift, Wisconsin Energy Efficiency Corp., vice chair of topic committees. Education. (AZCentral -- Business)
Confronting the apocalypse, ice-cold or in flames Feb 21, 2009
For Alberta Theatre Projects' Enbridge playRites Festival, she's created a play called NiX in what's being billed as Canada's first theatre of snow and ice. Designed by ice sculptor Carl Schlichting, the set is an elaborate, fort-like structure created out of 25 truckloads of snow in an unheated geodesic dome on the ice rink at Calgary's Olympic Plaza. (Globe and Mail -- Entertainment)
The Fraser Institute: Saskatchewan Can Boost Prosperity by Improving Investment and Business Development Climate Feb 19, 2009
SaskEnergy had average capital expenditures per worker of $83,376 between 2003 and 2007 while Union Gas spent $113,858 per worker, Terasen Gas spent $138,103 per worker and Enbridge spent $198,160 per worker. SaskPower had average capital expenditures per worker of $122,930 between 2003 and 2007 while ATCO spent $125,823 per worker and TransAlta spent $163,938 per worker. (CCNMatthews Press Releases)
Enbridge earnings rise on oilsands growth Feb 15, 2009
Enbridge Inc.reported fourth quarter and annual earnings gains on increased output from the Alberta oilsands, forecasting a further 20 per cent gain in earnings per share for 2009--a fading trend, the pipeline and energy operator warned. Enbridge, Canada's second largest pipeline operator, attributed completion of several of its growth projects to the earnings growth, but noted a multibillion dollar drop in oilsands investments will impact earnings in the future ... Demand for the fuel likely... (Calgary Herald)
The future is natural gas, Enbridge says Feb 14, 2009
CALGARY Enbridge Inc.'s chief executive officer says he sees the pendulum of opportunity swinging toward natural gas in the longer term, offsetting the effects of what is expected to be a big slowdown in oil sands activity ... Beyond 2012, it's now clear that a slowdown in upstream oil sands development activity will delay a portion of our longer-term liquids pipeline growth projects, Enbridge CEO Pat Daniel said on a conference call with analysts Friday to discuss the company's fourth-quarter... (Globe and Mail -- Business)
Dividends school retired professor Feb 14, 2009
Portfolio: Seven figures, split over a beating the TSX component that includes BCE Inc., Enbridge Inc., Manulife Financial Corp., Power Corp. of Canada, Sun Life Financial Inc., Toronto-Dominion Bank and TransAlta Corp., and an other component that includes Altria Group Inc., Brookfield Asset Management Inc., Emera Inc., Fortis Inc., ING Groep NV, Johnson & Johnson and Procter & Gamble Co.. My advice to others is that it is much easier and surer to get rich slowly,' says David Stanley. (Globe and Mail -- Business)
Universal Energy Group Releases First Quarter Financial Results and Operational Updates Feb 12, 2009
For a reconciliation of Operational Revenue to revenue and Operational Margin to gross margin, see "Reconciliation of Operational Revenue, Operational Margin and Operational Income" in this MD&A. For a discussion of GEM's revenue recognition policies see "Critical Accounting Estimates'' in this MD&A. UNIVERSAL ENERGY GROUP LTD. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS February 12, 2008 Selected Financial Highlights and Overall Performance of the... (CCNMatthews Press Releases)
Manulife reports on fourth quarter, Thursday Feb 8, 2009
Enbridge Inc. reports. Fourth-quarter share profit of 57 cents is expected, up from 56 cents a year ago. (Globe and Mail -- Business)
Enbridge Income Fund Announces Year End Results Feb 8, 2009
Source: Enbridge Income Fund ... CALGARY, ALBERTA--(Marketwire - Feb. 6, 2009) - Enbridge Income Fund (the Fund) (TSX: - ) today announced earnings of $21 ... "In 2008, the Fund completed growth projects within all three operating segments, including the BC Expansion project in Alliance Canada, the Westspur expansion in the Saskatchewan System and the Loreburn, Estlin and Alameda waste heat recovery facilities within NRGreen. The completion of these projects results in increased earnings and... (CCNMatthews Press Releases)
