The post-pandemic rally in oil and gas prices changed the fate of energy-producing companies in a big way. While energy was some of the disdained names across the street earlier, the sector is now one […]
U.S. refiner Phillips 66 offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip’s natural gas liquids business. A deal would […]
Pacific Energy Corporation Limited (Pacific Energy) and Enbridge Inc. announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project. Woodfibre LNG is a 2.1 million-tonne-per-year liquefied natural gas (LNG) […]
Enbridge’s proposed tunnel project to extend the lifetime of its Line 5 propane, crude oil and fuels system is facing new potential delays after the Michigan Public Service Commission ordered the reopening of the application […]
Canadian energy company Enbridge Inc. said on Thursday it would build a pipeline project to supply natural gas to Venture Global LNG’s Plaquemines liquefied natural gas (LNG) export facility in Louisiana. On Wednesday, Venture Global said it made a final investment decision (FID) to build the first phase of its proposed Plaquemines plant. That decision […]
A northwest B.C. natural gas pipeline project presumed to be dead may be showing new signs of life. In a letter to Indigenous and non-Indigenous stakeholders along the route of the proposed Pacific Trail Pipeline […]
Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their […]
The global energy crisis that many blame on efforts to move away from fossil fuels is actually giving new momentum to the shift to renewables in Canada, according to some of the bankers helping oil-sands […]
Enbridge Inc. announced Sept. 7 that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating LLC $3 billion USD in cash, subject to closing adjustments. The acquisition will […]
Enbridge Inc., the Canadian pipeline giant, agreed to acquire a smaller U.S. rival to add export capacity on the Gulf Coast. The company is buying Moda Midstream Operating LLC for $3 billion in cash from […]
Copyright © 2025 | Sandstone Group