[Ost-news] Enbridge Gateway line gains footing; profit jumps

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Enbridge Gateway line gains footing; profit jumps  
Thu Jul 31, 2008 9:29pm IST  
By Jeffrey Jones

CALGARY, Alberta, July 31 (Reuters) - Enbridge Inc (ENB.TO: Quote, Profile, Research) is making big strides with a multibillion-dollar plan to ship crude from Canada's oil sands to Asia, the pipeline operator said on Thursday as it reported a more than fourfold jump in second-quarter profit.

Enbridge, Canada's No. 2 pipeline company, also boosted its forecast for 2008 earnings. Its shares jumped 4 percent.

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    [1]: http://oilsandstruth.org/enbridge-gateway-line-gains-footing-profit-jumps

URL: http://oilsandstruth.org/enbridge-gateway-line-gains-footing-profit-jumps