Tags » Enbridge Inc

Biting the hand that feeds them: U.S. oil refiners are now angry at Canada

CALGARY – Add Midwest refiners to the growing list of U.S. industries upset with Canada.

Their ire has sprung, not from tariffs, but Enbridge Inc.’s attempt to create more space on its main oil pipeline network on June 1, only to reverse the decision on June 4 under pressure from the industry. 1,477 more words

Energy

Minnesota regulatory process will likely add US$1.2 billion in costs to Enbridge's Line 3 project

CALGARY – Enbridge Inc.’s costs to build its Line 3 replacement project through Minnesota could rise by US$1.2 billion, or 16 per cent, analysts said Thursday, ahead of a critical regulatory decision in Minnesota. 536 more words

Energy

Enbridge pipeline rule reversal that sent Canadian crude prices soaring earns BP's ire, Suncor's praise

Enbridge Inc.’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, earning the pipeline operator both friends and enemies. 657 more words

Energy

Enbridge's Line 3 pipeline approval will be a much-needed win for oilpatch — but opponents have their own plans

Enbridge Inc. faces an indefinite delay to its biggest-ever capital project if a U.S. state regulator denies its preferred pipeline route through Minnesota, but a victory would spell relief for Canadian oil shippers and northern U.S. 638 more words

Energy

‘Weird situation’: Analysts stumped as Canadian oil price surges $12 per barrel on Enbridge decision

The price of Canadian oil surged to a record US$12.20 on Monday — eliminating nearly half the discount to U.S. prices — as pipeline major Enbridge Inc. 514 more words

Investing

Canadian oil surges, has record day after Enbridge scraps shipping rules

Canadian crude surged by the most ever after Enbridge Inc. said it won’t implement a new procedure to stop shippers from claiming more space than they can use on a key pipeline linking Alberta’s oilsands with U.S. 280 more words

Energy

Enbridge to consolidate assets in $11.4 billion restructuring

Pipeline operator Enbridge Inc is consolidating its pipeline assets after a U.S. energy regulator proposed a tax overhaul in March that removes certain benefits for master limited partnerships. 236 more words

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