Sunday, August 9, 2026

Enbridge Has Big Plans, $3 Billion in Asset Sales, $6 Billion in Equity

Enbridge plans $22 billion in projects through 2020 Enbridge (ticker: ENB) announced several developments today, with the Canadian midstream company issuing several press releases. Enbridge announced its strategic plan and outlook, the first since the merger with Spectra Energy closed earlier this year. Enbridge expects significant growth in the next three years, with annual growth of ACCFO/share and dividends of

Well Completions JV with Weatherford and Schlumberger Checks Off DOJ Clearance

Weatherford International plc (ticker: WFT) said that the U.S. Department of Justice has cleared the proposed OneStimSM joint venture between two oilfield service giants—Weatherford and Schlumberger Ltd. (ticker: SLB)—granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976. This paves the way for a Q4 2017 closing, which Weatherford had projected in October. Schlumberger

Shale in the United Kingdom

Current production and consumption The UK government released an industrial strategy white paper this week, giving a small hint about the future of fracing with the British Empire. The white paper revealed that the UK government is still considering shale as an industrial resource. “The emerging shale gas industry offers the prospect of creating jobs, enhancing the competitiveness of downstream