NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Children's Place Inc., down $9.78 to $84.82
The children's clothing retailer reported weak fourth-quarter...
TransCanada says Keystone likely source of Missouri oil leak
JEFFERSON CITY, Mo. (AP) — TransCanada Corp. believes its Keystone pipeline is likely the source of an oil leak near St. Louis that Missouri officials have estimated at 1,800 gallons (6,814 liters), a spokesman for the company said Friday.
Sections of both the Keystone pipeline and Enbridge Inc.'s Platte pipeline were closed as crews sought to find the source of the leak, which was discovered Wednesday in St. Charles County.
The Latest: TransCanada: Keystone likely source of oil leak
JEFFERSON CITY, Mo. (AP) — The Latest on an oil leak near St. Louis (all times local):
TransCanada says its Keystone pipeline is likely the source of an oil leak near St. Louis.
Spokesman Terry Cunha in a Friday statement said crews continue to excavate the St. Charles County area where the leak was discovered Wednesday. He said TransCanada's preliminary investigation points to Keystone.
The Latest: Oil leak near St. Louis estimate: 1,800 gallons
ST. LOUIS (AP) — The Latest on an oil leak near St. Louis (all times local):
Missouri environmental regulators say the early estimate is that about 43 barrels, or 1,800 gallons (6,814 liters) of oil leaked from a pipeline near St. Louis.
The leak, discovered Wednesday in St. Charles County, forced the closure of sections of both TransCanada's Keystone pipeline and Enbridge Inc.'s Platte pipeline while an excavation crew determines which of the pipelines leaked.
Missouri leak prompts closure of parts of 2 oil pipelines
ST. LOUIS (AP) — An oil leak near St. Louis prompted the closure of parts of two pipelines as crews work to determine the source, company officials and Missouri regulators said Thursday.
2 lawsuit filed over Rhode Island natural gas outage
NEWPORT, R.I. (AP) — Residents and businesses in Newport have filed class action lawsuits over the natural gas outage on Aquidneck Island.
Lawyer Brian Cunha filed two lawsuits Monday against National Grid and pipeline operator Enbridge Inc.
One lawsuit was filed on behalf of eight residents and the other on behalf of three businesses.
Michigan governor reaches final deal on Great Lakes pipeline
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder's administration said Thursday it had wrapped up negotiations with Enbridge Inc. on building a tunnel to contain an oil pipeline beneath a Great Lakes waterway.
Michigan governor signs bill allowing Great Lakes oil tunnel
TRAVERSE CITY, Mich. (AP) — Gov. Rick Snyder signed legislation Wednesday establishing a panel to oversee construction of an oil pipeline tunnel in the waterway linking Lakes Huron and Michigan, while opponents insisted the battle isn't over and could widen from the state Capitol to the courts.
Michigan officials urge bridge authority to OK pipeline deal
TRAVERSE CITY, Mich. (AP) — Michigan officials took another step Thursday toward construction of an oil pipeline tunnel beneath the channel that links Lakes Huron and Michigan by asking the Mackinac Bridge Authority to accept oversight responsibility for the proposed structure.
Flotillas organized to protest Great Lakes oil pipeline
MACKINAW CITY, Mich. (AP) — Opponents of twin oil pipelines in a sensitive Great Lakes waterway are planning a day of protests.
Kayaks, canoes and other watercraft will join a demonstration Saturday in the Straits of Mackinac, where a segment of Enbridge Inc.'s Line 5 runs beneath the channel linking Lakes Huron and Michigan.
A "Water is Life" festival begins at noon at Conklin Heritage Park in Mackinaw City.
Groups challenge Coast Guard’s Michigan spill response plan
DETROIT (AP) — Two advocacy groups say the U.S. Coast Guard doesn't have an adequate strategy for dealing with oil spills in the channel linking Lakes Huron and Michigan.
The Coast Guard approved a plan last year for responding to spills in northern Michigan, including the Straits of Mackinac. A section of Enbridge Inc.'s Line 5 oil pipeline runs beneath the straits.
Federal officials pledge readiness for pipeline spills
TRAVERSE CITY, Mich. (AP) — Federal officials said Monday they were prepared to act quickly if oil pipelines in a sensitive Michigan waterway leak, drawing a skeptical response from a U.S. senator who said the handling of a suspected anchor strike last spring exposed flaws in the system.
MACKINAW CITY, Mich. (AP) — More than two dozen people spoke out at a public hearing against a proposal for more anchor supports in the Straits of Mackinac to bolster twin oil pipelines.
Enbridge Inc. is asking the Department of Environmental Quality to allow installation of 48 additional supports for its Line 5 pipes. A public hearing Wednesday evening in Mackinaw City drew waterfront property owners, environmentalists and others.
MACKINAW CITY, Mich. (AP) — Michigan regulators will take public comments on a proposal for more anchor supports in the Straits of Mackinac to bolster twin oil pipelines.
Enbridge Inc. is asking the Department of Environmental Quality to allow installation of 48 additional supports for its Line 5 pipes. They would be attached to the pipes and screwed into the lakebed.
TRAVERSE CITY, Mich. (AP) — An oil pipeline that runs through the area where Lakes Huron and Michigan meet also crosses other Michigan waterways at nearly 400 locations, dozens of which are considered particularly sensitive, a report disclosed Friday.
TRAVERSE CITY, Mich. (AP) — A 65-year-old pipeline that carries crude oil beneath a sensitive waterway connecting two of the Great Lakes could be replaced with pipes buried in a tunnel or partially enclosed in trenches that would pose virtually no risk of leakage but require years and hundreds of millions of dollars to build, according to a report released Friday.
LANSING, Mich. (AP) — The company that operates twin oil pipelines in the Straits of Mackinac says one of the lines suspected of being struck by a tugboat anchor was dented more than three-fourths of an inch.
Enbridge Inc. official Peter Holran told the Michigan Pipeline Advisory Board in Lansing Monday about the April 1 damage to the pipelines running between Lake Michigan and Lake Huron.
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TRAVERSE CITY, Mich. (AP) — The U.S. government has fined Enbridge Inc. more than $1.8 million after accusing the Canadian oil transport company of missing deadlines for pipeline inspections following a gigantic oil spill in southwestern Michigan.
MACKINAW CITY, Mich. (AP) — The company that operates twin oil pipelines in the Straits of Mackinac says it's considering ways to reinforce them in spots believed to have been struck by a tugboat anchor this month.
Enbridge Inc. said Friday a remotely operated vehicle and human divers have inspected the Line 5 pipes at the bottom of the waterway that connects Lakes Huron and Michigan. One had two dents. The other had a single dent and a scratch in its enamel outer coating.
MACKINAW CITY, Mich. (AP) — Officials say a remotely operated underwater vehicle is getting a close-up look at electric cables damaged by what Michigan's attorney general has called a tugboat anchor strike in a channel connecting Lake Huron and Lake Michigan.
Agencies led by the U.S. Coast Guard say the vehicle was first deployed Sunday to get visual imagery of the cables at the bottom of the Straits of Mackinac.
LANSING, Mich. (AP) — Michigan Attorney General Bill Schuette has sued the company he says damaged electric cables and oil pipelines in a Great Lakes channel by dragging a tugboat anchor across them.
The lawsuit was filed Thursday in Ingham County Circuit Court against VanEnkevort Tug & Barge Inc. of Escanaba, Michigan.
Oil flow resumes through damaged Great Lakes pipelines
MACKINAW CITY, Mich. (AP) — Oil is flowing again through side-by-side pipelines beneath the waterway that connects Lake Huron and Lake Michigan.
Enbridge Inc. announced Monday afternoon it has restarted its Line 5, which was shut down over the weekend. The company blamed a power outage. Sens. Gary Peters and Debbie Stabenow of Michigan had pushed for a temporary shutdown because of high winds and heavy currents in the Straits of Mackinac.
TRAVERSE CITY, Mich. (AP) — Michigan's two senators called Friday for temporarily shutting down twin oil pipelines in a sensitive Great Lakes waterway that may have been damaged by a ship anchor strike, which also is suspected in the leak of coolant fluid from nearby electric cables.
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder said Wednesday that twin oil pipelines in a waterway linking two of the Great Lakes appear to have sustained minor damage from a vessel that may also have caused a recent leak of coolant fluid from electric cables.
Enbridge Inc.'s Line 5 runs along the bottom of the Straits of Mackinac in the vicinity of the American Transmission Co. power cables that released an estimated 600 gallons (2,270 liters) of insulation fluids earlier this month.
LANSING, Mich. (AP) — State officials have given Enbridge Inc. permission to install 22 more anchor supports along twin pipelines at the bottom of the waterway linking Lakes Michigan and Huron.
The Michigan Department of Environmental Quality issued a permit last week allowing the supports for Line 5 in the Straits of Mackinac.
Enbridge says it's a "proactive" step to fasten the pipelines to the lake bottom and keep them in place when currents erode dirt beneath them.
Michigan panel urges temporary shutdown of Mackinac pipeline
LANSING, Mich. (AP) — A government safety panel on Monday urged the temporary shutdown of twin oil pipelines in the Straits of Mackinac until their operator can finish inspections and repair coating gaps, after some members expressed concerns over a recent deal between the state and Enbridge Inc.
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Public meetings planned on Michigan underwater oil pipelines
LANSING, Mich. (AP) — State officials are kicking off a series of public discussions about the future of twin oil pipelines in the Straits of Mackinac.
They'll take feedback on a consultant's report analyzing options for Enbridge Inc.'s Line 5, which runs between Superior, Wisconsin, and Sarnia, Ontario. A nearly 5-mile-long segment lies beneath the Straits of Mackinac, which links Lakes Huron and Michigan.
High waves cause temporary shutdown of Michigan oil pipeline
ST. IGNACE, Mich. (AP) — State officials say the flow of crude oil through twin underwater pipelines has been halted temporarily because of high winds and waves in the channel where Lakes Huron and Michigan meet.
The Michigan Agency for Energy says the temporary shutdown of Enbridge Inc.'s Line 5 is in keeping with a November agreement between the state and the Canadian oil transport company.
Michigan, Enbridge reach deal to boost safety of pipelines
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder and Canadian oil transport company Enbridge Inc. announced a timeline Monday for determining the future of twin pipelines beneath the channel where Lakes Huron and Michigan converge.
Options include shutting down the lines or routing them through a tunnel beneath the lakebed where they now rest.
The Latest: Environmentalists blast Michigan-Enbridge pact
TRAVERSE CITY, Mich. (AP) — The Latest on an agreement between Michigan and Enbridge Inc. on oil pipelines under the Straits of Mackinac. (all times local):
Environmental groups are attacking an agreement between Michigan and Canadian pipeline company Enbridge Inc. that sets a timeline for determining the future of twin oil pipelines beneath the waterway where Lakes Huron and Michigan converge.
Final report analyzes options for controversial oil pipeline
TRAVERSE CITY, Mich. (AP) — Crude oil that flows through twin pipelines beneath the channel linking Lakes Huron and Michigan could be transported to refineries in other ways, although the likelihood that the pipes will fail probably won't change much for the next several decades, according to a report released Monday.
Michigan governor cites ‘significant’ concerns over pipeline
LANSING, Mich. (AP) — Michigan Gov. Rick Snyder said Monday he had "significant" concerns after the company that operates twin oil pipelines in a Great Lakes waterway told state officials it had found additional gaps in pipeline coating.
Company says it knew of pipeline coating damage 3 years ago
TRAVERSE CITY, Mich. (AP) — The company that operates twin oil pipelines in a Great Lakes waterway said Friday it knew three years ago that protective coating had been damaged in one area but didn't inform regulators, an acknowledgment that drew sharp criticism from Michigan officials.
Company finds gaps in underwater oil pipeline’s coating
TRAVERSE CITY, Mich. (AP) — The company that operates twin oil pipelines in the waterway linking Lake Huron and Lake Michigan said Wednesday it has found a number of gaps in a protective layer of enamel coating on the pipes.
Enbridge Inc.'s disclosure prompted criticism from Michigan's governor and other officials about the condition of the pipelines, which traverse the bottomlands of the Straits of Mackinac, a nearly 5-mile (8-kilometer) wide area between the state's lower and upper peninsulas.
TRAVERSE CITY, Mich. (AP) — An engineering company's report on the future of twin oil pipelines beneath the Straits of Mackinac is flawed and biased in favor of continuing the existing system, critics said Monday. A business coalition said keeping oil flowing through the 64-year-old pipes is essential to Michigan's economy.
TRAVERSE CITY, Mich. (AP) — The Latest on public feedback regarding a consultant's report on the Line 5 pipeline (all times local):
Representatives of several business groups say twin oil pipelines beneath the Straits of Mackinac are a safe and necessary means of providing energy for Michigan's economy.
HOLT, Mich. (AP) — Public meetings are beginning on a report listing alternatives to pipelines carrying oil beneath the waterway where Lakes Huron and Michigan meet.
The analysis by Dynamic Risk Assessment Systems Inc. was released last week. It presented six choices for dealing with Enbridge Inc.'s Line 5 in the Straits of Mackinac. The pipeline runs from Wisconsin through Michigan's Upper Peninsula before dividing into two lines on the lake bottom.
$3.2 billion natural gas pipeline put on hold
BOSTON (AP) — Two of Massachusetts' largest utility companies have halted a $3.2 billion natural gas pipeline project, citing funding uncertainty.
Pipeline operator Enbridge Inc., a partner in the Access Northeast project along with Eversource and National Grid, informed the Federal Energy Regulatory Commission of their decision to withdraw the project application Thursday.
TRAVERSE CITY, Mich. (AP) — Michigan's attorney general on Thursday called for shutting down twin oil pipelines beneath the waterway where Lakes Huron and Michigan meet, as the state released a consultant's report outlining alternative scenarios for the future of oil transport in the ecologically sensitive tourist destination.
TRAVERSE CITY, Mich. (AP) — The Latest on a consultant's report listing alternatives to Enbridge Inc.'s oil pipelines beneath Michigan's Straits of Mackinac (all times local):
Michigan officials have released a consulting firm's draft report listing alternatives for dealing with twin oil pipelines beneath the waterway where Lakes Huron and Michigan meet.
ST. IGNACE, Mich. (AP) — Time is running out for the public to comment on a proposal to install more screw anchor supports on twin oil pipelines beneath the Straits of Mackinac in the Great Lakes.
Enbridge Inc. has applied with the Michigan Department of Environmental Quality to add 22 of the structures. The comment period ends June 29.
KALAMAZOO, Mich. (AP) — The Kalamazoo County Board of Commissioners supports closing a pipeline that spilled more than 843,000 gallons of heavy crude oil into the Kalamazoo River seven years ago.
The board voted 7-3 on Tuesday to pass a resolution opposing the Enbridge Inc.'s Line 5 pipeline, the Kalamazoo Gazette (http://bit.ly/2rqL8Od ) reported. The pipeline, built more than 60 years ago, is still operating through Michigan's Upper and Lower Peninsulas.
LANSING, Mich. (AP) — A group that wants to shut down twin oil pipelines beneath the Straits of Mackinac is taking steps to propose a ballot initiative to voters in 2018.
The Board of State Canvassers on Wednesday approved the form of a petition submitted by Keep Our Lakes Great, a ballot committee created last week.
The initiated legislation would terminate a 1953 easement for Enbridge Inc.'s Line 5 pipelines and require the company to no longer transport crude oil through them.
Enbridge Inc., the largest pipeline company in the world, is wrapping up a years-long upgrade to its Line 61 to pump up to 1.2 million barrels of oil per day through Columbia County.
CALGARY, Alberta (AP) — Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston-based Spectra Energy.
The Calgary, Alberta-based Enbridge said Wednesday it is laying off people to address overlaps in the combined company's organizational structure after acquiring Spectra late last month. Both operate pipelines that deliver oil and natural gas.
DELTA TOWNSHIP, Mich. (AP) — Operators of twin oil pipelines beneath the swirling waterway where Lakes Huron and Michigan converge insisted Monday they remain structurally sound even though an outer layer of protective covering has worn away in some places, while skeptics said the deterioration is further evidence the lines should be shut down.
Pipeline operator Enbridge to buy Spectra Energy for $28B
NEW YORK (AP) — Canada's Enbridge is buying Houston-based Spectra Energy for about $28 billion, creating North America's largest energy infrastructure company.
Both companies operate pipelines that deliver oil and natural gas.
Under the terms of the deal announced Tuesday, Spectra Energy shareholders will receive 0.984 a share of the combined company, or about $40.33 for each Spectra Energy share they own.