Enbridge Company News

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Enbridge 4Q Profits Shy of Analysts' Estimates
Monday, February 17, 2020 The miss was due to higher operating costs eating into the company's earnings.

Enbridge, NextDecade Strike Pipeline Deal
Monday, February 17, 2020 Enbridge will buy Rio Bravo Pipeline Co. from NextDecade for a cash price not to exceed $25 million.

Enbridge Project Clears Regulatory Hurdles
Monday, February 03, 2020 The line expansion is a major project for the Canadian oil industry, which has been hurt by a lack of pipeline capacity.

Enbridge Says Mainline Opponents are Stalling for Time
Friday, January 31, 2020 The Mainline is Canada's largest oil pipeline network, with the capacity to ship about 2.85 million barrels a day.

Oil Workers Wanted with More Tech, Less Roughneck
Thursday, January 09, 2020 Oil companies are recruiting a different type of worker and in larger numbers.

Enbridge Submits Plan for Contracts on Pipeline System
Friday, December 20, 2019 Enbridge Inc. submitted to regulators its plan for long-term contracts for its giant Mainline crude pipeline system linking the oil sands to refineries in the U.S. and eastern Canada.

Texas Deepwater Oil Port Project Advances
Monday, December 09, 2019 Enbridge will gain an option to purchase a stake in Enterprise's Sea Port Oil Terminal if the offshore Texas project wins a deepwater port license.

Enbridge Adding More Pipeline Capacity
Friday, November 08, 2019 Enbridge Inc. is adding more pipeline capacity for Canadian oil producers this year and sees progress on the crucial C$9 billion ($6.8 billion) replacement and expansion of its Line 3 crude-oil pipeline.

Enbridge Mainline Toll Shift Stopped
Monday, September 30, 2019 Regulators halted Enbridge Inc.'s plan to convert Canada's largest crude pipeline network to contract service, handing a win to oil producers who had argued the change was unfair.

NextDecade, Enbridge Team to Build LNG Pipeline
Wednesday, September 18, 2019 NextDecade and Enbridge have entered into a MOU to develop the Rio Bravo Pipeline to feed the Rio Grande LNG terminal in Brownsville, Texas.

NTSB Sends Investigators to Pipeline Blast Site
Friday, August 02, 2019 Enbridge reported that NTSB has assumed control of the site of Thursday's gas pipeline explosion in Kentucky.

Pipelines Add Room on Demand for Canada's Oil
Friday, August 02, 2019 U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them.

Enbridge Pipeline Explodes in Kentucky
Thursday, August 01, 2019 Enbridge Inc. reported Thursday morning that it was responding to a rupture and explosion on its Texas Eastern gas pipeline system near Danville in Lincoln County, Ky.

Trump Doubles Down on Keystone Oil Pipeline
Monday, April 01, 2019 The move aims to undercut legal challenges to the $8 billion project.

Minnesota Regulators Greenlight Enbridge's Oil Pipeline
Wednesday, March 27, 2019 Initially the project was to be delayed by a year.

Canada's Oil Industry Hit With Key Pipeline Delay
Monday, March 04, 2019 Regulatory issues are bogging down another pipeline project.

Enbridge Pipeline Faces Challenge from Minnesota's Governor
Tuesday, February 12, 2019 Enbridge's Line 3 crude oil pipeline replacement project is facing another potential setback in Minnesota.

Pipeline Shutdowns Cause Canadian Crude Prices to Plummet
Thursday, February 07, 2019 Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri.

Enbridge Gas Pipeline Fire Causes Damage in Ohio
Monday, January 21, 2019 There was a fire at a natural gas pipeline in Noble County, Ohio which destroyed homes.

Oil Groups Warn Trudeau's Reforms Will Make it Worse
Thursday, November 08, 2018 It's a rough time in Canada's oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse.

Gas Deliveries Resuming as Cold Descends on British Columbia
Friday, October 12, 2018 High-rise apartment buildings, factories and other industrial customers in western Canada are receiving natural gas again, three days after an Enbridge pipeline explosion deliveries.

Gas Flows Resume After Canada Pipe Rupture Hits Oil Refiners
Thursday, October 11, 2018 Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output.

Enbridge to Buy Units for $7.1 Billion to Simplify Structure
Tuesday, September 18, 2018 Enbridge agreed to acquire the shares it doesn't already own in three North American units for about $7.1 billion.

Enbridge To Buy Spectra Energy For $3.3B
Friday, August 24, 2018 Enbridge says would buy its US master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.

Value of Canada M&A Deals Slumps Amid Oil Rally
Wednesday, August 08, 2018 Investors have been pushing Canadian energy companies to merge so they can cut costs and combine resources. That isn't going so well this year.

Enbridge Completes 40 Pct of Line 3 Work, Tops Profit Estimates
Friday, August 03, 2018 Enbridge Inc 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.

TransCanada Says Blast-damaged Leach Natgas Pipe Back in Service on July 15
Friday, July 13, 2018 The Leach shutdown forced producers using the line to find other pipes to ship gas out of the Marcellus and Utica shale regions of Pennsylvania, West Virginia and Ohio.

Enbridge: No Plans To Use Own Security During Line 3 Construction
Friday, June 29, 2018 Enbridge will not hire private security during construction of its Line 3 oil pipeline.

Minnesota Regulator Signals Support Of Enbridge Line 3 Oil Pipeline
Thursday, June 28, 2018 Three of five members of the Minnesota Public Utilities Commission said they support issuing a certificate of need for Enbridge to rebuild its Line 3 oil pipeline.

TransCanada Keystone XL May Be One Oil Pipeline Too Many
Wednesday, June 20, 2018 TransCanada's Keystone XL may be one pipeline too many for Canada, at least for now.

Enbridge Endorses Two Alternatives for Great Lakes Pipeline Replacement
Friday, June 15, 2018 Enbridge endorsed either an underwater tunnel or trench to replace a section of its 65-year-old energy pipeline that travels under a stretch of the U.S. Great Lakes in Michigan.

Enbridge Takes Steps on Pipeline Policy After BP Complains
Monday, June 11, 2018 Canada's biggest pipeline operator said that it was taking steps to address complaints from oil shipper BP PLC about abrupt changes it made to allocating space on its Mainline system.

Enbridge Pipeline Reversal Earns BP's Ire, Suncor's Praise
Friday, June 08, 2018 Enbridge's decision to implement and then scrap new rules governing Canada's biggest export pipeline system sent crude prices on a record roller coaster move this week.

Canadian Oil Has Record Day After Enbridge Scraps New Rules
Tuesday, June 05, 2018 Canadian crude surged by the most ever after Enbridge Inc. said it won't implement a new procedure to stop shippers.

For Sale: Stalled Pipeline Project, Protesters Included
Friday, May 18, 2018 Justin Trudeau's pipeline nightmare may be only getting started.

Hey Oil Giants: Looking to Unload Renewables? Funds Are All Ears
Wednesday, May 09, 2018 There are plenty of institutional investors ready to pounce.

Trump Tax Revamp Threatens to Make Gas Pipes Pay $18.5B
Wednesday, April 25, 2018 Pipeline owners led by Enbridge Inc. and Williams Cos. could be forced to refund as much as $18.5 billion.

Enbridge Shares Fall on Minnesota Pipeline Route Ruling
Tuesday, April 24, 2018 Shares of Canadian pipeline operator Enbridge Inc dropped more than 4 percent after a Minnesota judge agreed the Line 3 oil pipeline replacement project was needed, but rejected the company's preferred route.

Enbridge To Double Asset Sales, Targets About C$8B, Sources Say
Thursday, February 15, 2018 Enbridge plans to accelerate its divestment program by selling assets.

As Siberian Gas Awaits US Landing, a Second Ship May Be Coming
Friday, January 26, 2018 "(N)o one has been able to build pipelines from the shale plays in the Northeast to demand centers," said a Houston-based analyst.

Permian Basin Refinery Project Doubles in Capacity
Tuesday, December 12, 2017 With project expansion, region's refining capacity to grow from 300,000 to 400,000 bpd. SOURCE: MMEX Resources Corp.

Phillips 66, Enbridge Launch Open Season for Texas Pipeline System
Monday, December 11, 2017 Crude oil pipeline system to link West Texas to Gulf Coast refineries, export facilities.

Minnesota Public Hearings Begin For Enbridge's $6.5B Oil Pipe Expansion
Tuesday, September 26, 2017 Regulatory hearings for Enbridge's $6.5 billion Line 3 crude oil pipeline upgrade will begin in the US state of Minnesota.

Silicon Meets Steel as Pipeline Operators Try Fiber-Optics
Friday, September 22, 2017 They're piloting a system that can pinpoint leaks and other disturbances down to the centimeter.

Break In Rationing On Enbridge Canada Pipelines Likely Short Lived
Monday, July 24, 2017 Enbridge's move not to ration space on heavy oil pipelines out of western Canada for the first time in 16 months is likely to give producers only a short respite from difficulties.

Michigan Fires Contractor Doing Enbridge Oil Pipeline Risk Analysis
Wednesday, June 21, 2017 The US State of Michigan said it has fired a consultant after state officials discovered a conflict of interest with an employee of the company.

Enbridge Payout Cash Cow Withers With Rebound Seen Long Way Off
Friday, June 09, 2017 Enbridge has spent most of this year trying to fix its flagship partnership unit. Investors aren't buying it.

Canada's Enbridge Eyes Market Share As Competitors' Pipes In Limbo
Thursday, June 08, 2017 Enbridge will take advantage of the uncertainty facing competitors' pipelines to gain market share, a senior executive says.

Enbridge Cutting 1,000 Jobs in US and Canada
Wednesday, March 22, 2017 Following the closing of its acquisition of Spectra Energy, Enbridge is trimming its workforce by 6%.

Enbridge CEO Says Canada Only Needs Two More Export Pipelines
Friday, February 17, 2017 Two new crude oil export pipelines will provide enough capacity to ship Canadian production to market until at least the mid 2020s, Enbridge CEO Al Monaco says.