Enbridge reports strong 2021 financial results and advances strategic priorities
February 11, 2022
Enbridge Reports Strong 2021 Financial Results and Advances Strategic Priorities …
Enbridge sees two options for pipelines after Canadian regulatory pushback
December 8, 2021
World Oil CALGARY (Bloomberg) –Enbridge Inc. is evaluating two tolling options for its vast Mainline oil pipeline network after a proposal to offer long-term contracts to keep the conduits full was rejected by Canada’s energy regulator. North America’s largest pipeline company will either pursue a modified, incentive-based version of its current arrangement, which allows producers to decide the volumes they
Enbridge announces 2022 financial guidance, increases dividend, and provides update on strategic priorities
December 7, 2021
Enbridge Announces 2022 Financial Guidance, Increases Dividend, and Provides Update on St…
Canada says talks with U.S. over pipeline dispute should start soon
December 1, 2021
Reuters OTTAWA, Dec 1 – Formal talks between Canada and the United States over a disputed Michigan pipeline should start soon, Ottawa said on Wednesday, the latest development in an affair souring bilateral relations. Last month Canada invoked a 1977 treaty with the United States to trigger negotiations over Enbridge Inc’s ENB.TO Line 5, which Michigan wants to shut down on environmental
Enbridge may face tougher fight for oil barrels, lower rates, after pipeline ruling
November 30, 2021
Reuters WINNIPEG — A Canadian regulator’s rejection last week of Enbridge Inc’s plan to sell space long-term on the country’s biggest oil pipeline dealt the company a double whammy that analysts say could hit its bottom line. Enbridge lost a chance to secure shipping contracts for as long as 20 years, and could lose volume to its rival, Canadian government-owned
Enbridge to start oil sands pipeline after years of delays
September 29, 2021
World Oil (Bloomberg) –A long-delayed Enbridge Inc. pipeline extending from Canada’s oil sands to the U.S. Midwest will enter service Friday after years of opposition from environmentalists and indigenous groups. The company said its Line 3 replacement project, which will nearly double the capacity of the older line, is substantially completed and set to be fully operational. Enbridge will begin
U.S. Supreme Court backs pipeline companies in New Jersey land dispute
June 29, 2021
Reuters WASHINGTON -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, authored by conservative Chief Justice John Roberts, handed a victory to PennEast Pipeline Company LLC, a joint
Enbridge Inc. announces resignation of Board Member Gregory J. Goff
June 22, 2021
Enbridge Inc. Announces Resignation of Board Member Gregory J. Goff Canada News…
Enbridge, Fluxys, EIG bid for Brazil’s top import pipeline, sources say
May 21, 2021
Reuters RIO DE JANEIRO/SAO PAULO – A consortium of Canada’s Enbridge, Belgium’s Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week. Petroleo Brasileiro SA, as Brazil’s state-run oil company is formally known, put its stakes in
Frustrated Canada presses White House to keep Great Lakes oil pipeline open
April 26, 2021
Reuters OTTAWA/NEW YORK – Canada is pushing on several diplomatic fronts against the U.S. state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments’ efforts to work together to lower carbon emissions. The conflict over the aging but key pipeline highlights the disruptions caused by
Enbridge Reports Strong 2020 Financial Results
February 12, 2021
Enbridge Reports Strong 2020 Financial Results Canada NewsWire CALGAR…
Enbridge forecasts higher 2021 core earnings on likely better volumes, rates
December 8, 2020
Reuters Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next year. A coronavirus-led plunge in demand for crude and related products had forced companies to shut-in production this year. However, with fuel demand having rebounded and prices hovering
