November 4, 2015 / 6:29 PM / in 2 years

Canada's Enbridge to invest $5 bln in Gulf Coast - WSJ

Nov 4 (Reuters) - Canadian pipeline company Enbridge Inc is planning to spend $5 billion to build three oil storage facilities in the Gulf of Mexico region, Wall Street Journal reported, citing a company official.

The company's move follows the passing of a bill to repeal the U.S. oil export ban by the House of Representatives last month. (on.wsj.com/1LQcull) (Reporting by Anet Josline Pinto in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below