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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Post by kijijion Sep 08, 2022 9:11am
706 Views
Post# 34948970

Judge rules against Enbridge on Line 5

Judge rules against Enbridge on Line 5
NewsAlert: 
 
WASHINGTON — A judge in Wisconsin has ruled in favour of an Indigenous band in its dispute with Enbridge over the Line 5 pipeline. 
 
However, the decision by District Court Judge William Conley stops short of shutting down the controversial cross-border oil and gas link. 
 
Conley acknowledges that such an order would have serious foreign-policy ramifications for both Canada and the United States. 
 
He also notes Foreign Affairs Minister Mlanie Joly's recent decision to invoke a 1977 treaty between the two countries that specifically covers cross-border pipelines. 
 
Conley says the Bad River Band of the Lake Superior Chippewa, which wants the pipeline removed from its territory, is entitled to financial compensation. 
 
And he's ordered Enbridge to reroute the pipeline around Bad River territory within five years, an effort the company says is already underway. 
 
More coming
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