10:50:25 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 943,112,225
Close 2017-01-27 C$ 56.55
Market Cap C$ 53,332,996,324
Recent Sedar Documents

FP/CP say Enbridge, rivals hear leaky pipe built in '68

2017-01-30 07:11 ET - In the News

Also In the News (C-TRP) TransCanada Corp

The Financial Post reports in its Saturday, Jan. 28, edition that a pipeline that leaked 200,000 litres of oil in southeastern Saskatchewan is nearly 50 years old. A Canadian Press dispatch to the Post reports that the spill on the Ocean Man First Nation was discovered and reported last Friday but initially neither the government nor suspected owner Tundra Energy Marketing of Calgary said they knew for sure where the oil had come from. An excavation Wednesday identified the two-kilometre pipe as belonging to Tundra. On Thursday, Doug MacKnight, assistant deputy minister of Economy, said a small hole on top of the four-inch-diameter pipe on a weld connecting two segments had been found and the damaged portion removed for further analysis and metallurgic testing. He said records do not show any incidents since the oil gathering line was built in 1968 but it was not actually licensed until 2014 by then owner Enbridge Fund Holdings. Licences were not previously required for lines shorter than 15 kilometres. Mr. MacKnight says, "We have no record of inspecting it since we licensed it retroactively in 2014, so prior to that it was unlicensed and we just don't have any record as to whether it was inspected."

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