Sunday, 15 June 2025

Focus on Enbridge

Enbridge Inc. saw its second-quarter profit hit $1.84 billion, where it roughly also sat a year ago. An Enbridge worker loads pipe just west of Morden, Man., on Thursday, Aug. 16, 2018. THE CANADIAN PRESS/John Woods
BusinessFinanceFuelInfrastructureLiquefied Natural GasNatural GasNewsTransmissionUtilities

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.

News Release

Targa Resources Corp. Reports Record Second Quarter 2024 Results and Increases Full Year 2024 Outlook

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2024 results....

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
FuelInfrastructureNewsOilTransmission

Canadian crude exports from US Gulf Coast fall only slightly despite TMX startup

About 150,000 barrels per day (bpd) of Canadian crude were exported from the U.S. Gulf Coast in June, shipping tracking data showed.

FILE - In this June 8, 2017, file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. Environmentalists are challenging Michigan regulators' decision to approve encasing part of an aging Enbridge Energy oil pipeline that runs beneath a channel connecting two Great Lakes, arguing that they failed to properly consider alternatives that would minimize climate impacts. (Dale G Young/Detroit News via AP, File)
ClimateInfrastructureNewsOilRegulations

Environmentalists appeal Michigan regulators’ approval of Enbridge Energy oil pipeline tunnel project

Environmentalists say regulators failed to properly consider alternatives that would minimize climate impacts.

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...

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