Thursday, 8 May 2025

Focus on Enbridge

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...

Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come. The MEG Energy Corp. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, MEG Energy *MANDATORY CREDIT*
BusinessFinanceNewsOilTransmission

MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’

Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come.

Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/ File photo
BusinessFuelInfrastructureNewsOilTransmission

Enbridge selects contractors for its Great Lakes Tunnel Project

The Great Lakes Tunnel will link Michigan's peninsulas, providing a secure route for Enbridge's Line 5 pipeline.

FILE PHOTO: The headquarters of energy pipeline operator Enterprise Products Partners seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020.  REUTERS/Gary McWilliams/File Photo
BusinessFuelNewsOil

As shale oil gains slow, deepwater port struggles for customers

Regulatory delays, slowing production and high prices leave Texan shale oil port scrambling for business.

CourtsNewsOilPoliticsTransmission

Reconsider Enbridge Line 5 pipeline shutdown order: Biden administration

The Biden administration has urged a U.S. appeals court to tell a lower court to rethink its order that would require Canadian operator...

BusinessNatural GasNews

Calgary’s Pembina Pipeline closes Alliance, Aux Sable purchases; raises guidance

Pembina Pipeline Corp. says it has closed its previously announced $3.1B purchase of Enbridge Inc.’s stakes in the Alliance pipeline, Aux Sable gas...

Natural GasNewsOilTransmission

Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast

CALGARY — Pipeline giant Enbridge Inc. has signed a deal to form a joint venture to help connect Permian Basin natural gas to...

BusinessNatural GasNewsOilPolitics

Panel urged to move lawsuit seeking to shutdown part of Line 5 pipeline to Michigan state court

MADISON, Wis. (AP) — Michigan attorneys pressed a federal appellate panel on Thursday to move their lawsuit seeking to shut down a portion...

EmissionsNatural GasNewsOil

Shareholder proposal calls on Enbridge to disclose indirect emissions from pipelines

CALGARY — Pipeline giant Enbridge Inc. is urging shareholders at its upcoming annual meeting to vote against a proposal calling on the company...

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