Enbridge Provides Notice of Series 11 Preferred Shares Conversion Right and Announces Reset Dividend Rates

CALGARY, Jan. 31, 2020 /PRNewswire/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 11 (Series 11 Shares) (TSX: ENB.PF.C) on March 1, 2020. As a result, subject to certain conditions, the holders [Read more]

Source: BOE Report

Russian Oil Firm Could Sign Fuel-For-Diamonds Deal In This African Nation

Russian oil firm Tatneft could strike a deal with Zimbabwe to supply fuel to the crisis-stricken African country in exchange for diamonds, the Zimbabwe Independent reported on Friday, describing the potential deal as ‘murky’ because Zimbabwe’s Minister of Mining, Winston Chitando, told the news outlet that he was not aware of any such development.   “It is the first time ...

Source: Oilprice.com