Enbridge Seeking At Least Eight-Year Oil Shipping Commitments on Canada Mainline, Worrying Small Producers
May 8, 2019
From Reuters Canada’s Enbridge is asking oil shippers to sign at least eight-year contracts to move crude on its Mainline pipeline network, as it proposes to shift away from a monthly allocation system, people with knowledge of the matter told Reuters. The minimum term Enbridge Inc is seeking, previously unreported, is raising fears among small Canadian producers that they will
Enbridge Board Member Passes Away
April 25, 2019
Enbridge Announces Passing of Board Member Michael E.J. Phelps
Minnesota Regulator Confirms Approval of Enbridge Oil Pipeline
March 27, 2019
From Reuters A Minnesota regulator has confirmed its approval of Enbridge Inc’s Line 3 crude oil pipeline replacement, allowing the $7 billion project to move forward, the company said on Wednesday. The Minnesota Public Utilities Commission initially approved Enbridge’s plan to rebuild the aging 1,031-mile (1,660 km) pipeline that runs from Alberta in Western Canada to the U.S. state of
Enbridge Pipeline Delay Spooks Traders in Long-Term Canada Crude Market
March 11, 2019
From Reuters North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market grows following delays to a critical pipeline project. Enbridge Inc unexpectedly said earlier this month its Line 3 oil pipeline will be delayed until the second half of
Minnesota to Enbridge: You’ll Have Permits for Line 3 Replacement Project By End of November
March 6, 2019
State of Minnesota Provides Permitting Timeline for Line 3 Replacement Project
Canada Oil Industry Takes Fresh Hit With Key Pipeline Delay
March 4, 2019
From Bloomberg Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project. The roughly one-year delay to Enbridge Inc.’s expansion of its Line 3 conduit, announced late Friday, threatens to prolong a shortage of pipeline space that has made it difficult for Canada’s drillers to ship their crude to refineries. That pinch caused
Enbridge Inc. Completes Mergers with Enbridge Energy Partners, L.P. and Enbridge Energy Management, L.L.C.
December 21, 2018
Enbridge Inc. Completes Mergers with Enbridge Energy Partners, L.P. and Enbridge Energy Management, L.L.C.
Enbridge, Spectra Energy Complete Merger
December 17, 2018
Enbridge Inc. and Spectra Energy Partners, LP Complete Merger
Two key Canada-to-U.S. oil pipelines hit by disruptions
December 5, 2018
From Reuters Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada’s oil industry just days after the Alberta government announced forced cuts in crude production. A number of lines on the Enbridge Inc (ENB.TO) Mainline system, which carries crude and other liquids, were hit by power
Pipeline Giants to Join in $3.3 Billion Deal—Finally
August 28, 2018
Enbridge to acquire all public equity of Spectra Energy Partners; companies hope for Q4 close Their effort to combine has rumbled through the news for about the past two years. On Aug. 24, 2018, Enbridge Inc. (ticker: ENB) and Spectra Energy Partners, LP (ticker: SEP) announced that they had entered into a definitive agreement under which Enbridge will acquire all
Enbridge en Route to Returning 760 MBOEPD of Capacity
August 3, 2018
From Reuters Enbridge Inc (ENB.TO) (ENB.N) said on Friday it had completed 40 percent of replacement work on its massive Line 3 pipeline and reported a better-than-expected quarterly profit by reining in costs. Canada’s largest pipeline operator won a key approval in June to replace the 1,031-mile (1,660-km) long pipeline, which began service in 1968 and operates at half its
