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Canada’s energy regulator ups pipeline abandonment cost estimate to C$18.6 billion

Posted by Daniel Barton
|Date: June 17, 2023
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Canada’s energy regulator ups pipeline abandonment cost estimate to C$18.6 billion

The Canada Energy Regulator (CER) has raised its estimate of the cost of abandoning the pipelines it regu ...

The Canada Energy Regulator (CER) has raised its estimate of the cost of abandoning the pipelines it regulates by 79% to C$18.6 billion ($14.10 billion), in a preliminary review calculating how much c ...

June 17, 2023
| by Daniel Barton

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Nature could be a challenge for Line 5

Posted by Daniel Barton
|Date: May 14, 2023
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Nature could be a challenge for Line 5

Michigan's Mackinac bridge, under which Enbridge's line 5 pipeline runs. WASHINGTON – The Canada-U.S. oil ...

Michigan's Mackinac bridge, under which Enbridge's line 5 pipeline runs. WASHINGTON – The Canada-U.S. oil and gas conduit known as Line 5 could be facing its toughest challenger yet: the very watershe ...

May 14, 2023
| by Daniel Barton

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Judge grants motion by state of Michigan to appeal key decision in Line 5 dispute

Posted by Daniel Barton
|Date: February 23, 2023
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Judge grants motion by state of Michigan to appeal key decision in Line 5 dispute

Michigan's Mackinac Bridge, under which Enbridge's Line 5 pipeline runs. WASHINGTON – The U.S. judge pres ...

Michigan's Mackinac Bridge, under which Enbridge's Line 5 pipeline runs. WASHINGTON – The U.S. judge presiding over Michigan’s bid to shut down the Line 5 pipeline has agreed to let the state appeal a ...

February 23, 2023
| by Daniel Barton

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U.S. crude oil exports to be in demand this year as trade flows reshuffle

Posted by Daniel Barton
|Date: February 18, 2023
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U.S. crude oil exports to be in demand this year as trade flows reshuffle

U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s inva ...

U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company ...

February 18, 2023
| by Daniel Barton

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New Enbridge CEO says Canada is missing opportunities as world cries out for energy

Posted by Daniel Barton
|Date: February 13, 2023
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New Enbridge CEO says Canada is missing opportunities as world cries out for energy

CALGARY – The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has res ...

CALGARY – The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a “lost decade” for Canadian liquefied natural gas production. Greg Ebel, who took the ...

February 13, 2023
| by Daniel Barton

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MEG Energy announces 2023 Capital Investment Plan and Operational Guidance

Posted by Daniel Barton
|Date: November 28, 2022
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MEG Energy announces 2023 Capital Investment Plan and Operational Guidance

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of b ...

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY, AB, Nov. 28, 2022 /CNW/ – MEG Energy Corp. (TSX: M ...

November 28, 2022
| by Daniel Barton

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Enbridge and Indigenous communities announce landmark equity partnership for $1.12 billion

Posted by Daniel Barton
|Date: September 28, 2022
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Enbridge and Indigenous communities announce landmark equity partnership for $1.12 billion

EDMONTON, AB – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and 23 First Nation and M ...

EDMONTON, AB – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and 23 First Nation and Métis communities today announced an agreement whereby the communities will acquire, collectivel ...

September 28, 2022
| by Daniel Barton

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U.S. refiners eye Canadian oil once strategic reserve turns off taps

Posted by Daniel Barton
|Date: September 20, 2022
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U.S. refiners eye Canadian oil once strategic reserve turns off taps

Alberta drilling rig U.S. refiners are expected to buy more Canadian oil after the Biden administration e ...

Alberta drilling rig U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve (SPR) this fall, traders said, adding this sh ...

September 20, 2022
| by Daniel Barton

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Heavy oil differential steady

Posted by Daniel Barton
|Date: September 15, 2022
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Heavy oil differential steady

Railcars holding crude oil The discount on benchmark heavy Canadian crude versus West Texas Intermediate ...

Railcars holding crude oil The discount on benchmark heavy Canadian crude versus West Texas Intermediate held steady on Wednesday. Western Canada Select heavy blend crude for October delivery settled ...

September 15, 2022
| by Daniel Barton

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Ottawa invokes 1977 pipeline treaty in separate Line 5 dispute, this one in Wisconsin

Posted by Daniel Barton
|Date: August 30, 2022
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Ottawa invokes 1977 pipeline treaty in separate Line 5 dispute, this one in Wisconsin

WASHINGTON – For the second time in a year, the federal government is invoking a little-known 1977 energy ...

WASHINGTON – For the second time in a year, the federal government is invoking a little-known 1977 energy treaty between Canada and the United States to defend the Line 5 pipeline. This time, it’s in ...

August 30, 2022
| by Daniel Barton

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