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Enbridge Pipeline Leak Slowing As Crews Still Work On Spill

CHICAGO -(Dow Jones)- The U.S. Environmental Protection Agency said Saturday that the leak from a key oil pipeline carrying crude from Canada to the U.S. appears to be slowing as its owner prepares to drill into the pipe, the Associated Press reported. EPA on-scene coordinator Sam Borries said Saturday oil is no longer rising to the surface and crews have opened pavement and dug about 5 feet to the 34-inch diameter pipe, the AP said. He says pipeline owner Enbridge Inc. (ENB), a Canadian company that owns and operates the pipeline.,will drill through the pipe to extract more oil. The EPA has ordered Enbridge to stop all the flow of oil near Romeoville by noon Monday, the AP said. The leak in the Chicago suburbs sent crude-oil prices higher on the prospect of extended downtime for the key artery. Enbridge reported the leak in Romeoville, Ill., late Thursday. This is the second time in three months that oil has spilled from Enbridge's aging Lakehead system, which carries an estimated 70% of oil that flows into the U.S. from its northern neighbor. The U.S. imports more oil from Canada than any other nation and cross-border flows averaged 2.2 million barrels in June, according to the latest U.S. government data.

Stock News for Enbridge Energy (EEP)
DateTimeHeadline
02/28/201718:23:41Current Report Filing (8-k)
02/23/201709:00:00Enbridge and Spectra Energy Merger Expected to Close February...
02/23/201709:00:00Enbridge and Spectra Energy Merger Expected to Close February...
02/21/201716:11:08Current Report Filing (8-k)
02/16/201716:30:53Current Report Filing (8-k)
02/15/201717:30:33Current Report Filing (8-k)
02/13/201715:15:55Amended Statement of Ownership (sc 13g/a)
01/27/201706:35:07Current Report Filing (8-k)
01/26/201711:00:00Amended Statement of Ownership (sc 13g/a)
12/19/201616:04:26Current Report Filing (8-k)
11/04/201614:57:18Initial Statement of Beneficial Ownership (3)
10/31/201606:18:28Current Report Filing (8-k)
09/01/201620:50:00Enbridge Energy Partners Shelves Sandpiper Pipeline Project
09/01/201620:15:00Enbridge Energy Partners Shelves Sandpiper Pipeline Project
08/23/201612:30:00Oil Pipeline Project to Remain Stalled at Missouri River
08/23/201609:56:00Oil Pipeline Project to Remain Stalled at Missouri River
08/08/201616:30:57Current Report Filing (8-k)
08/02/201621:42:00Energy Transfer, Sunoco Logistics in $2 Billion Pipeline Stake...
08/02/201621:05:00Energy Transfer, Sunoco Logistics in $2 Billion Pipeline Stake...
07/28/201616:02:06Current Report Filing (8-k)

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