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S&P affirms negative outlook on India, says chances of downgrade remain
Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chance of a ratings downgrade over the next 12 months, a statement said on Friday. Full Article
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China president takes charge of sweeping economic reform plans - sources. Full Article
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Enbridge restarts Alberta pipeline after oil spill
CALGARY, Alberta, June 20 |
CALGARY, Alberta, June 20 (Reuters) - Enbridge Inc said it restarted its Athabasca oil sands pipeline in Alberta late on Tuesday following an outage prompted by an oil spill at a pumping station.
Enbridge said the line, which carries crude to the Hardisty, Alberta, pipeline hub from Fort McMurray, was flowing at about 280,000 barrels a day. Its capacity is 345,000 bpd.
Regulators told Enbridge to turn the line off on Tuesday, a day after more than 1,400 barrels of oil leaked from a station near Elk Point in northeastern Alberta.
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