Enbridge Inc. served notice Tuesday that Canadian oil would continue to flow across the Straits of Mackinac regardless of an order by Michigan’s executive branch to shut down the 540,000 b/d Line 5 in mid-May. Gov. Gretchen Whitmer and Attorney General Dana Nessel have no power to enforce their notice issued in November that the…
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Gas Natural’s Maine Pipeline Plan Moves Forward
Gas Natural Inc. has closed on its acquisition of a leasehold interest in a 189-mile pipeline corridor easement in Maine that runs from Searsport to Limestone and various parcels of land, the Mentor, OH-based holding company said Friday. The $4.5 million deal, which included $2.25 million in cash and 210,951 shares of the company’s common stock valued at $10.67/share, closed Sept. 25.
October 1, 2012