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Enbridge to Sell Stake in Oil Producer Noverco for $1.14 Billion

2021-06-08 11:25:00| OGI

Enbridge said the sale of its stake in Noverco represents a valuation of approximately 29x reported 2020 GAAP earnings of $39 million.

Tags: sell oil billion producer

 

Enbridge, Consortium Bid for Brazils Top Gas Import Pipeline

2021-05-25 11:25:00| OGI

If the consortium is ultimately successful in buying Brazils largest natural gas import pipeline, it would mark Enbridges first foray into South America.

Tags: top gas import bid

 
 

Canada: Enbridge Line 5 Shutdown Could Undermine US Ties

2021-05-12 17:38:51| OGI

Michigan set a May 12 deadline for Enbridge to shut down the crude oil pipeline.

Tags: us line canada ties

 

Enbridge to Defy Looming Michigan Shudown Order of Line 5

2021-05-07 20:00:00| OGI

Michigan Governor Gretchen Whitmer last year revoked the easement for Enbridges Line 5 pipeline, or permission to operate, and ordered it to shut down no later than May 12.

Tags: order line michigan defy

 

Canadian Lawmakers Call for Action from US, Canadian Leaders in Enbridge Pipeline Dispute

2021-04-16 18:17:05| OGI

Michigan Gov. Whitmer has ordered Enbridge to shut Line 5 over leakage concerns.

Tags: call action leaders canadian

 

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