August 28, 2016 9:17 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Enbridge Pipelines Inc.

Company Overview

Enbridge Pipelines Inc. engages in crude oil transportation business. The company operates the Canadian crude oil mainline system and other pipelines, primarily serving markets in the midwest region of the United States and eastern Canada, as well as refining centres in Ontario. It also has interest in a refined products pipeline and other liquids pipelines in the United States. The company was incorporated in 1949 and is headquartered in Calgary, Canada. Enbridge Pipelines Inc. operates as a subsidiary of IPL System Inc.

425-1st Street SW

Suite 200

Calgary, AB T2P 3L8

Canada

Founded in 1949

Key Executives for Enbridge Pipelines Inc.

President of Enbridge Employees Services Company Inc
Age: 52
Senior Vice President of Enbridge Employees Services Company Inc
Age: 60
Compensation as of Fiscal Year 2016.

Enbridge Pipelines Inc. Key Developments

Enbridge Pipelines Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Enbridge Pipelines Inc. announced earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported that loss attributable to common shareholder of the company was CAD 355 million, compared to a loss attributable to common shareholder of the company of CAD 19 million for the same quarter ended September 30, 2014. Loss from continuing operations for the third quarter ended September 30, 2015 were CAD 412 million, compared to a loss from continuing operations of CAD 94 million for the same quarter ended September 30, 2014. For the nine months, the company's loss attributable to common shareholder of the company for the nine months ended September 30, 2015 was CAD 343 million, compared to a profit attributable to common shareholder of the company of CAD 450 million for the same period ended September 30, 2014. Loss from continuing operations for the nine months ended September 30, 2015 were CAD 465 million, compared to a profit from continuing operations of CAD 261 million for the same period ended September 30, 2014.

Enbridge Pipelines, TransCanada Corporation and Kinder Morgan Signs Joint Industry Partnership Agreement to Evaluate Aerial Based Pipeline Safety Technologies

Enbridge Pipelines Inc., TransCanada Corporation, and Kinder Morgan Canada have signed a Joint Industry Partnership (JIP) agreement to conduct research into aerial-based leak detection technologies, in the interest of enhancing across-the-board pipeline safety. This partnership illustrates a spirit of collaboration among TransCanada, Kinder Morgan and Enbridge in the continued common pursuit of industry-wide safety and operational excellence. It also demonstrates the partners' commitment to investing in the tools and technologies that can bolster safety and reliability, while at the same time addressing public demands for responsible pipeline development. The goal of the project is to identify technologies capable of viably detecting small leaks from liquid petroleum pipeline systems to improve pipeline safety. The project is expected to involve laboratory research and field trials to evaluate the feasibility of commercially available aerial-based leak detection technologies, for use with crude oil and hydrocarbon liquids pipelines. The partnership includes a funding commitment from all three companies.

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Recent Private Companies Transactions

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