10:44:06 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 848,767,814
Close 2014-11-14 C$ 51.21
Market Cap C$ 43,465,399,755
Recent Sedar Documents

FP/CP say Enbridge rival Kinder to resume pipeline work

2014-11-17 08:26 ET - In the News

The Financial Post reports in its Saturday, Nov. 15, edition that Enbridge pipeline rival Kinder Morgan Energy Partners LP said on Friday it would resume preliminary work on its Trans Mountain pipeline after a British Columbia court granted an injunction against protesters blocking work crews in the Vancouver suburb of Burnaby. A Canadian Press dispatch to the Post reports that Kinder Morgan said it was coming up with a schedule to restart work at the Burnaby Mountain conservation area. Kinder Morgan hopes to triple the size of its 300,000-barrel-per-day Trans Mountain pipeline in a $5.4-billion expansion to carry more oil sands crude from Edmonton to Vancouver and on to Asia. Many area residents, however, oppose plans to run the line under the mountain. Protesters had blocked crews drilling two bore holes for preliminary work on a planned tunnel. The injunction is Kinder's latest win against the project's opponents. The City of Burnaby sought to block work on the site after crews cut down trees, but lost before both a court and the national energy regulator. The project is also opposed by many environmental and aboriginal groups, as well as by the mayors of Burnaby and Vancouver.

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