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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:21 EDTENBEnbridge announces binding open season for Southern Lights pipeline
Enbridge announced a binding open season to solicit commitments from shippers for 50,000 barrels per day of capacity on the Southern Lights diluent pipeline. The pipeline, which is in commercial operation, provides continuous pipeline capacity for the transportation of diluent from Chicago, Illinois, to Edmonton, Alberta, and has an average annual capacity of 180,000 bpd. The Southern Lights pipeline is owned and operated by Southern Lights and Enbridge Pipelines. Potential shippers will have a choice of five available commencement dates between July 1, 2013 and July 1, 2014. Regardless of the commencement date selected, the Transportation Services Agreement will expire on June 30, 2025, with an option to extend the term for an additional 15 years. The minimum volume commitment will be 5,000 bpd and potential shippers must commit to the same volume for both the Canadian and U.S. segments of the pipeline.
News For ENB From The Last 14 Days
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October 21, 2014
12:54 EDTENBTransCanada delays seeking approval for $11B Energy East line, Bloomberg says
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October 14, 2014
07:54 EDTENBEnbridge should be bought by long-term investors on weakness, says BMO Capital
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October 10, 2014
08:52 EDTENBEnbridge appoints John Whelen as CFO
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