Saturday, 29 March 2025

Focus on Enbridge

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
AnalysisBusinessFuelIn-DepthInfrastructureOilTransmission

Canada’s Trans Mountain bets on last-minute oil shippers on high-cost pipeline

Canada's Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation's financial projections show

News ReleaseElectricityIndigenous

Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan

REGINA, SK, June 24, 2024 /CNW/ - Today, Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations)...

lin Gruending, Executive Vice President of Enbridge, speaks during a press conference about a wind energy project in Saskatchewan in Regina, Monday, June 24, 2024. THE CANADIAN PRESS/Heywood Yu
BusinessNewsWind

Enbridge and Six Nations Energy Development consortium plan wind energy project

REGINA — Enbridge Inc. and Six Nations Energy Development LP announced plans Monday to develop a massive wind energy project in southeast Saskatchewan....

FILE - Nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge Inc. Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday. (Dale G Young/Detroit News via AP, File)
BusinessCourtsNewsOilPoliticsTransmission

US federal appellate panel sends Michigan Line 5 pipeline challenge to state court

Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs...

Pumpjacks draw out oil and gas from a well heads as near Calgary, Alta., on Sunday, May 12, 2024. Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, says a new report by a leading Canadian climate policy think tank, or otherwise risk leaving ratepayers and governments on the hook for billions of dollars in underused and overbuilt gas infrastructure. THE CANADIAN PRESS/Jeff McIntosh
AnalysisBuildingsEconomyElectricityEmissionsNatural GasPoliticsReportsResiliency

Stop gas expansion for home heating or risk leaving ratepayers on the hook: report

Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, says a new report from the...

FILE PHOTO: A cyclist rides past the Bank of Canada building, Ontario, Canada, July 11, 2018. REUTERS/Chris Wattie
BusinessFinanceInfrastructureNewsTransmissionUtilities

Canadian investors eye utilities, real estate stocks as BoC cuts rates

Canadian utilities including pipeline companies such as Enbridge Inc and TC Energy Corp are likely to benefit from the BoC's move to begin...

A flare stack lights the sky from an oil refinery in Edmonton on Friday December 28, 2018. Executives of some of Canada's largest oil and gas companies are expected to testify before a parliamentary committee Thursday about their efforts to reduce their sector's greenhouse gas emissions.  THE CANADIAN PRESS/Jason Frans
BusinessCarbon ManagementEmissionsFuelNatural GasNewsOilPoliticsWeather

Canadian oil and gas CEOs testify before Commons environment committee

Canada's federal government has proposed a legislated cap on emissions from the oil and gas sector, something the industry opposes.

dian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report. Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Vecz
AnalysisBusinessClimateEmissionsFinanceLiquefied Natural GasNatural GasNewsOilTransmission

Canadian banks directed over US$100 billion to oil and gas last year: report

Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...

The UN says banks will play an important role in the transition by aligning their portfolios with the Paris Agreement (Matthew Vincent/PA)
ClimateFuelNews

Banks ‘financed fossil fuels by £5.5tn since Paris Agreement’

The banks, which include UK giants like Barclays and HSBC, committed 705 billion dollars (£562 billion) in financing to fossil fuels in 2023

BusinessCarbon ManagementFinanceNatural GasNewsTransmission

Enbridge says carbon storage project still alive in spite of Capital Power decision

Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of...

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