Inter Pipeline Fund announces increase to monthly distributions
Inter Pipeline Fund announced today that the board of directors has approved an increase to its monthly cash distributions to unitholders from $0.075 to $0.08 per unit commencing with its December 2010 distribution payable in January 2011.
Enbridge Inc., Canada's No. 2 pipeline company, said on Tuesday it will further expand its Bakken pipeline program, which will raise capacity by 145,000 barrels per day, to handle growing production from the oil field.