11:25:54 EST Mon 17 Nov 2025
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,181,046,108
Close 2025-11-14 C$ 67.16
Market Cap C$ 146,479,056,613
Recent Sedar Documents

Globe says Enbridge to spend $1.4B (U.S.) on two pipes

2025-11-17 07:18 ET - In the News

The Globe and Mail reports in its Saturday, Nov. 15, edition that Enbridge said Friday it will spend $1.4-billion (U.S.) to increase capacity on two pipeline networks that connect the Alberta oil sands to U.S. refiners. The Globe's Emma Graney writes that the Mainline Optimization Phase 1 project will boost capacity on Enbridge's Mainline network and its Flanagan South Pipeline by about 250,000 barrels a day when complete in 2027. Enbridge plans to enhance oil delivery to U.S. Midwest and Gulf Coast markets by upgrading terminals, adding pump stations and using additives for faster movement through pipelines. Enbridge is one of the companies that Alberta has tapped to provide technical and regulatory expertise to help it with an application for a major new oil pipeline to the B.C. coast. However, Colin Gruending, president of liquids pipelines at Enbridge, said Friday that expanding access to the U.S. market makes the most sense right now. Enbridge has had two open "seasons" in the past seven months to solicit shipping commitments on its Southern Illinois Connector and Mainline systems. Both were oversubscribed, Mr. Gruending said, and he does not see that changing any time soon as demand continues to grow.

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