The Canadian oil surplus generated by the Covid-19 pandemic and demand contraction has spun off a new storage revenue stream for Enbridge Inc. worth up to C$8.7 million ($6.5 million) over the next eight months.
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Articles from Enbridge
NGI The Weekly Gas Market Report
Enbridge Expands Role in LNG Exports with Deal to Buy Rio Bravo Pipeline
Enbridge Inc. has agreed to acquire the Rio Bravo Pipeline Co. and assume full ownership of the 4.5 Bcf/d system that would feed NextDecade Corp.’s proposed RioGrande liquefied natural gas (LNG) export facility.
February 14, 2020
Enbridge Bows Out of Developing One Deepwater Oil Terminal in Texas
Citing weak global demand, Enbridge Inc. has dropped out of the race to build and operate a crude export terminal offshore the Upper Texas coast capable of handling supertankers but it may consider reapplying for permits if conditions improve.
January 7, 2020
Enbridge Applies to Switch Oil Mainline to Contract Transporter
A second round opened Thursday in a Canadian regulatory duel over proposed conversion of Enbridge Inc.’s oil mainline into a contract transporter after 69 years as an open access common carrier providing service with monthly bookings.
December 23, 2019
Enbridge Line 3 EIS Says Threats to Lake Superior Unlikely
A hotly contested Minnesota leg in a $9 billion Enbridge Inc. Canadian oil export pipeline project took a step forward Monday, when state regulators granted the plan a favorable environmental verdict.
December 11, 2019
Canada Clears Westcoast Transmission to Resume Full Service After Lengthy Investigation
After a 13-month investigation into a rupture and fire in northern British Columbia (BC), Enbridge Inc. has received permission to refill Canada’s oldest natural gas export pipeline, Westcoast Transmission.
December 2, 2019
California, Minnesota, Wisconsin AGs Join Michigan Fight to Shut Down Enbridge Line 5
The attorneys general (AG) of Minnesota, California and Wisconsin have formally lent their support to a lawsuit filed by Michigan AG Dana Nessel seeking to shut down Enbridge Inc.’s Line 5 light crude oil and natural gas liquids (NGL) pipeline across Michigan’s Straits of Mackinac.
November 20, 2019
Enbridge Pipeline Replacement Clears Michigan Legal Hurdle
Enbridge Inc. has won the opening round in the Michigan legal fight to keep its 540,000-barrels-daily Line 5 oil pipeline replacement alive by putting its Straits of Mackinac crossing in a new utility tunnel.
November 4, 2019
Enbridge Given Reprieve to Resubmit Line 3 Water Quality Request in Minnesota
The Minnesota Pollution Control Agency (MPCA) has postponed a final ruling on a water quality permit for Enbridge Inc.’s contested Line 3 oil pipeline replacement project to obey a state court order and a legislated deadline for regulatory decisions.
October 1, 2019
Canadian Producers Win Early Victory to Halt Enbridge Mainline Long-Term Oil Contracts
Protesting shippers have won the opening round of their fight against converting Enbridge Inc.’s oil Mainline into a contract transporter after 69 years as an open access common carrier providing service with monthly bookings.
September 30, 2019
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