Joan Sullivan for EDF EN Canada inc.Enbridge owns 2,065 megawatts of wind power across the country, enough to power 650,000 homes, while TransCanada operates wind, hydro and nuclear plants as part of its 11,800 megawatts of power generation.
On Friday, Enbridge responded to a federal government move to commit to a moratorium on crude oil tanker traffic off the coast of northern British Columbia, which analysts say hurt the prospects for Enbridge's Northern Gateway pipeline project being built.
A recent move by new Canadian prime minister Justin Trudeau to ban oil-tanker traffic off the coast of British Columbia could effectively eliminate the chances of Enbridge Inc.'s (TSX:ENB)(NYSE:ENB) Northern Gateway pipeline being built. Given that ...
Daniel Acker/Bloomberg Enbridge is focusing on expanding “low-cost, incremental” projects like twinning existing pipelines to provide producers with new transportation capacity as they struggle with low crude prices, CEO Al Monaco said.
Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) are two of the largest owners and operators of pipelines in North America, and both of their stocks represent very attractive long-term investment opportunities today.
Enbridge Inc. (TSX:ENB)(NYSE:ENB) is one of the largest energy transportation and distribution companies in North America. The company is primarily focused on the generation, transportation, and distribution of energy.
With the weakness in the energy sector, many investors have been on the lookout for ways to maintain their exposure to the sector without taking on the risk of owning risky producers who are exposed to the price of crude.