Pipeline

Enbridge’s Sandpiper pipeline looks to be latest victim of infrastructure overbuild

Sandpiper pipeline through US Midwest By Catherine Ngai and Liz Hampton HOUSTON/NEW YORK, Aug 4 (Reuters) – The long-planned and oft-delayed Sandpiper pipeline through the U.S. Midwest may not be dead, but it appears to be on life support, a likely casualty of the oil-and-gas industry’s infrastructure overbuild amid a two-year global oil rout. After years

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Enbridge profit misses slightly, hurt by Fort McMurray wildfire

Enbridge shares up slightly on TSX By Nia Williams and Amrutha Gayathri CALGARY, Alberta, July 29 (Reuters) – Enbridge Inc, Canada’s largest pipeline company, reported a slightly lower-than-expected quarterly profit on Friday as its liquids pipeline business was hit by a massive wildfire in Fort McMurray, Alberta. The company said oil deliveries were 255,000 barrels per

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TransCanada Q2 profit beats; asset sales plan moving ahead

TransCanada recently took over Columbia Pipeline Group By Julie Gordon July 28 (Reuters) – TransCanada Corp, Canada’s second-largest pipeline company, reported on Thursday a slightly higher-than-expected quarterly profit, and said the process of seeking buyers for the sale of some of its assets was well under way. The Calgary-based company is marketing an up to 49.9

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Trans Mountain, City of Coquitlam sign $1 million parks agreement

Trans Mountain signed Community Benefit Agreements totaling $7.35 million with communities along 91% of pipeline corridor The community of Coquitlam and Trans Mountain have entered into a memorandum of understanding for a community benefit agreement that will see a $1,000,000 dollar contribution toward funding improvements to Mackin Park. Trans Mountain has been pursuing community benefit agreements

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