Tag: Al Monaco

Enbridge surges after asset shift, dividend boost

Enbridge said yesterday it plans to move C$17 billion worth of Canadian liquids pipelines to the Enbridge Income Fund to help pay for capital investment.  More »

Enbridge’s toughest Gateway Pipeline tests still to come

Aboriginal and environmental groups are preparing legal challenges and blockades to halt construction of the pipeline.  More »

Pipeline CEO interested in helping natural gas for trains

In the wake of BNSF Railway’s decision test natural gas as a fuel for its locomotives, the chief executive of pipeline giant Enbridge told FuelFix on Wednesday that he would be interested in helping to provide refueling infrastructure for the trains.  More »

Canadian crude rolling into Gulf Coast refineries

A competitor pipeline to Keystone XL already is funneling oil sands crude to Texas refineries at a rate of 100,000 barrels per day, despite environmentalists’ attempts to block the southward flow of the Canadian oil.  More »