Enbridge

Enbridge Inc. agreed Thursday to pay $270 million to buy Tri Global Energy LLC (TGE), a top U.S. wind and solar company with a portfolio that includes 45 generating sites in seven states. The takeover, which includes debt, adds a built-in bonus of up to $50 million if all of TGE’s projects now on the…

One of the key pipeline projects to supply Venture Global Inc.’s Plaquemines LNG export terminal in Louisiana could be built with limited and mostly temporary impacts, FERC staff concluded in a recently published draft environmental impact statement (EIS). The draft EIS published Friday is the latest step for Enbridge Inc.’s proposed Venice Extension project is…

A manufacturing defect, a degraded coating and an ineffective corrosion prevention system contributed to a fatal explosion and fire on Enbridge Inc.’s Texas Eastern Transmission (Tetco) natural gas pipeline near Danville, KY, the National Transportation Safety Board (NTSB) said last week. The August 2019 Tetco Line 15 rupture and subsequent fire caused one death and…

Decarbonizing natural gas consumption is considerably more complex than doing so for electricity, but U.S. gas suppliers are up for the challenge, industry players said this week. The ultimate goal to neutralize the climate-warming impact of natural gas is large-scale deployment of low-carbon hydrogen, along with carbon capture, utilization and storage (CCUS), said BP plc’s…

As the role of LNG exports looms larger, Enbridge Inc. agreed to invest in a potential Canadian project and continue to pair its extensive natural gas networks with terminal projects. Calgary-based Enbridge increased its market share of natural gas transportation to cover 20% of the volumes exported from North America. CEO Al Monaco said the…

Enbridge Inc. is moving forward with a pair of pipeline expansion projects that would deliver 1.5 Bcf/d of natural gas to the Plaquemines liquefied natural gas (LNG) export terminal recently sanctioned by Venture Global Inc. The Gator Express Meter (GEM) and Venice Extension projects would involve 36-inch diameter pipeline, metering and compressor station additions and…

Enbridge Inc. is moving forward with a pair of pipeline expansion projects that would deliver 1.5 Bcf/d of natural gas to the Plaquemines liquefied natural gas (LNG) export terminal recently sanctioned by Venture Global Inc. The Gator Express Meter (GEM) and Venice Extension projects would involve 36-inch diameter pipeline, metering and compressor station additions and…

Enbridge Inc. has sanctioned two separate U.S. natural gas projects for its Texas Eastern Transmission system, aka Tetco, to replace aging equipment and to expand Appalachia capacity to the Northeast. The expansions were announced during the fourth quarter conference call led by CEO Al Monaco. The volatile global energy markets, he told investors, can be…

Enbridge Inc. has set a 2022 budget of C$1.1 billion ($880 million) to expand “newly sanctioned growth projects” for natural gas, oil and power generation operations in Canada, the United States and in Europe, President Al Monaco said Tuesday. During the annual investor day, Monaco and the management team detailed initiatives through 2024 to expand…