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Enbridge Inc.

53 articles mentioning Enbridge Inc. · Page 1 of 3

Enbridge Sanctions $3B of New Projects

Enbridge Sanctions $3B of New Projects

Enbridge reported Q3 2025 results while reaffirming its 2025 financial guidance and highlighting a major slate of newly sanctioned growth projects across liquids, gas transmission, natural gas storage, and carbon capture infrastructure. The company delivered Adjusted...

Enbridge Inc. Shuffles Management Team

Enbridge Inc. Shuffles Management Team

Enbridge Inc. has announced the following executive leadership changes, effective October 1, 2021. Vern Yu is appointed Executive Vice President & Chief Financial Officer taking over from Colin Gruending. Vern will be accountable for all the...

Enbridge Inc. Fourth Quarter, Full Year 2020 Results

Enbridge Inc. Fourth Quarter, Full Year 2020 Results

Enbridge Inc. reported its Q4 and full year 2020 results. Highlights: (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Full year GAAP earnings of $3 billion or $1.48 per common share, compared...

BlueKnight Sells Oil Terminal & Pipeline Assets for $132 Million

BlueKnight Sells Oil Terminal & Pipeline Assets for $132 Million

Blueknight entered into a definitive agreement to sell its crude oil terminalling segment to Enbridge for a purchase price of $132 million, excluding crude oil linefill and inventory. T his segment includes approximately 6.6 million barrels...

Enbridge Inc. Details 2021 Capital Plans, Outlook

Enbridge Inc. Details 2021 Capital Plans, Outlook

Enbridge Inc. announced its 2021 financial guidance and dividend and provided an update on its strategic priorities. Highlights Re-affirmation of 5-7% average long-term annual distributable cash flow (DCF) per share growth outlook, based on an equity...

Enbridge Inc. First Quarter 2020 Results

Enbridge Inc. First Quarter 2020 Results

Enbridge Inc. reported first quarter 2020 financial results and provided a quarterly business update. First Quarter 2020 Highlights First quarter GAAP loss of $1,429 million or $0.71 loss per common share, compared to GAAP earnings of...

Enbridge Gets Creative; Offers Storage for Crude on Canada Mainline Pipeline

Enbridge Gets Creative; Offers Storage for Crude on Canada Mainline Pipeline

Enbridge Inc. is offering crude storage on its Maineline pipeline in Canada as the oil price downturn leaves operators scrambling for a place to put their crude. According to the company, it is offering operators ~900,000...

Canadian Operators Push Back Against Proposted Enbridge Mainline Changes

Canadian Operators Push Back Against Proposted Enbridge Mainline Changes

Enbridge Inc. is encountering pushback on its plans to overhaul its shipping contracts on its Mainline Pipeline, according to a report by Reuters. Under the proposal, Enbridge is hoping to switch to long-term fixed volume contracts...

Imperial Oil Restarts Production at NW Territory Norman Wells

Imperial Oil Restarts Production at NW Territory Norman Wells

Imperial Oil announced that it has successfully restarted production at its Norman Wells operations in the Northwest Territories following the return to service of Enbridge’s Line 21 pipeline. Imperial had previously resumed limited shipments of crude...

Enbridge Delaying Bakken Sandpiper Pipeline Again

Enbridge Delaying Bakken Sandpiper Pipeline Again

This is the second time Enbridge has delayed the project - the first deferral was announced in September 2014.

Enbridge to Pay $177MM in Pipeline Spill Settlement Deal

Enbridge to Pay $177MM in Pipeline Spill Settlement Deal

The settlement is relating to incidents on the Line 6B pipeline in Marshall, Michigan in July 2010, and on the Line 6A pipeline in Romeoville, Illinois in September 2010.

Enbridge Saves $400 MM in Oil Sands System Optimization

Enbridge Saves $400 MM in Oil Sands System Optimization

Projects involved include the Athabasca Twin Project and the Wood Buffalo Extension Project.

Oil Sands Operators Scale Back with Low Prices

Oil Sands Operators Scale Back with Low Prices

Canadian heavy crude based projects could be under threat as heavy crude prices slide near $40 bbl.

Enbridge Transfers Pipeline Business to EIF

Enbridge Transfers Pipeline Business to EIF

Reviewing a potential transfer of U.S. Liquids Pipelines assets to Enbridge Energy Partners, L.P.

Canada Pipeline Projects :$16 Billion

Canada Pipeline Projects :$16 Billion

Canada is ramping up export capacity on its west coast, and racing to meet demand from production in Alberta.

Enbridge Energy Partners to Restructure Equity

Enbridge Energy Partners to Restructure Equity

This restructuring will decrease the general partner's share of incremental cash distributions from 48 percent of all distributions in excess of $0.495 per unit per quarter down to 23 percent.

Enbridge to Build C$8.0 Billion Pipeline System

Enbridge to Build C$8.0 Billion Pipeline System

This is after a vote on Saturday, April 12 2014 had a majority of Kitimat residents vote against the project.

U.S. May be Quietly Re-Opening Oil Export Barriers

U.S. May be Quietly Re-Opening Oil Export Barriers

This could intensify opposition to the new oil sands pipeline and highlights recent issues with U.S. trade policy.

Enbridge Makes Executive Appointments

Enbridge Makes Executive Appointments

Enbridge Inc. and Enbridge Pipelines Inc. announced today changes to responsibilities of certain senior executives, effective March 1, 2014.

Enbridge Restarts Saskatchewan Pipeline, Catches Spill Early

Enbridge Restarts Saskatchewan Pipeline, Catches Spill Early

Enbridge Inc. has shut down and isolated its Line 67 pipeline south of Regina, Saskatchewan at approximately 10:50 a.m. MDT today after a release from the pumping station piping within the Rowatt Station. The pumping station...