Canada Oil Spill Came from Tundra Pipeline
The president of Tundra Energy Marketing Ltd on Wednesday confirmed its pipeline as the source of a leak of some 200,000 liters (52,834 gallons) of crude oil onto aboriginal land in Saskatchewan that was discovered by a member of the community last week. "TEML continues to work closely with the Ocean Man First Nation community and regulatory authorities to complete the cleanup and repairs," Bryan Lankester wrote in an email.
Athabasca Cuts Output as Alliance Gas Pipeline Shutdown Continues
Athabasca Oil Corp has suspended the production of 4,200 barrels of oil equivalent a day (boe/d) of light oil, becoming the latest western Canadian producer to curb output due to the Alliance Pipeline natural gas mainline shutdown. Alliance declared force majeure on its 2,400-mile (3,850- km) pipeline, which delivers gas and natural gas liquids from western Canada and North Dakota's Williston Basin to the Chicago market…
Alliance Shuts Natgas Pipeline; Chicago Prices Up
Alliance Pipeline shut its Western Canadian 1.6 bcfd pipeline that feeds natural gas to Chicago on Friday after poisonous, flammable gas got into the system, forcing at least five producers to curb output and lifting Chicago prices. The company declared force majeure on the 2,400-mile (3,850- km) pipeline, which delivers gas from Western Canada and North Dakota's Williston Basin to the Chicago market.
Enbridge to Move $14.95 bln of Canadian Assets to Affiliate, Raise div
Enbridge Inc, Canada's largest pipeline company, said it will transfer its Canadian liquids pipelines business and certain renewable energy assets to its Canadian affiliate Enbridge Income Fund Holdings Inc, and raised its quarterly dividend by a third. Enbridge said C$17 billion ($14.95 billion) of combined carrying value of assets will be transferred…
Enbridge: No plans to Imitate Kinder Morgan Consolidation
Enbridge Inc, Canada's largest pipeline company, said on Monday it has no plans to imitate rival Kinder Morgan Inc's $44 billion plan to consolidate its publicly traded units into a single company. Enbridge, whose separately traded affiliates include Enbridge Energy Partners and Enbridge Income Fund Holdings Inc, said it has no interest in returning…
