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Enbridge Inc T.ENB.PF.U


Primary Symbol: T.ENB Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | 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

Comment by JohnSPon Apr 26, 2024 8:18pm
525 Views
Post# 36010542

RE:Oil Spill Fines Are Just A Tiny Cost For Doing Business

RE:Oil Spill Fines Are Just A Tiny Cost For Doing BusinessGood info! FYI Canadian oilpatch industry measures oil in m3, not liters like media, I guess they could record in ml, which would be cumualtively 250,000,000 ml, sounds even worse! So leak was 250 m3, very sad but not devastating.

For scale, i looked up natural oil leaks in Eastern Canada oceans but couldn't find anything. For Gulf of Mexico they say 4000 to 17000 tonnes per year, roughly 3500 - 15000 m3/year: https://www.ncbi.nlm.nih.gov/books/NBK220695/

Also for scale White Rose production forecats is peak at 80,000 bpd / 12,720 m3/d or 530 m3/hr, so 250 m3 was a 30 min leak. Not trying to downplay it but even with all the multiple layers of procedures, safety model is still swiss cheese where very very occasionally holes line up and bang, 30 min leak.
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