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Business news - 07 September 2016


Enbridge and Spectra Energy to merge

Enbridge has announced that it is set to begin a merger with Spectra Energy to create the largest energy infrastructure company in North America.


Petrobras to sell pipeline unit

Petrobras is reported to be selling its natural gas pipeline segment to a Canadian-led group of investors for US$5.2 billion.


Gibsons doubles storage capacity

Gibsons has announced it is doubling the storage capacity at the company’s Edmonton terminal, and constructing related pipeline connection infrastructure.