Gina Jordan News
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Enbridge Inc. has restarted its Norman Wells pipeline that connects oilfields in the Northwest Territories with the North American pipeline grid.
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Canadian Oil Sands Trust is shipping less crude oil than normal on Enbridge Inc. ’s pipeline system because tanks along Enbridge’s system are full, Alison Trollope, a spokeswoman for the producer, said in a telephone interview.
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Suncor Energy Corp. said space limitations on Enbridge Inc. ’s pipelines are affecting its ability to ship crude.
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Enbridge Inc. will allocate space on five pipelines for March because demand for crude shipments exceeds capacity, according to an e-mail from the company.
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Enbridge Inc. restarted its Line 6A, which carries crude oil from Superior, Wisconsin, amid high inventories on the system.
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Crews excavating a section of Enbridge Energy Partners LP ’s crude oil pipeline 6A that was shut Sept. 9 in Illinois due to a leak were delayed overnight by a severed water main.
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Crude oil, heating oil and gasoline advanced on speculation that Japanese rebuilding efforts will bolster fuel consumption and as unrest spread in the Middle East and North Africa. It was the sixth straight day the three commodities moved in the same direction. Ethanol was little changed, gaining 0.1 cent.
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The discount for heavy Canadian crude oil widened as Enbridge Inc. reported some shippers faced temporary delivery interruptions.
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The following is a selection of the most important news affecting the oil market.
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Enbridge Inc. said some shippers injecting crude oil into its pipelines have experienced “temporary disruptions” while space is created in receiving tanks, according to Gina Jordan, a spokeswoman for the company. Enbridge expects to meet apportioned nominations by the month’s end.
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