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That's evident by looking at its recent acquisitions and the expansion projects it has coming down the pipeline. The evolution of Enbridge. Before 2016, Enbridge was primarily an oil pipeline company.
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Enbridge delivered more than 3.77 billion barrels of crude oil in 2020, and more than 29.5 billion barrels over the past decade, from 2011 through 2020 inclusive. [34] Enbridge has several new capacities and expansion projects, including the expansion of the Alberta Clipper, replacing of Line 6B, reversal of Line 9 and others. [35]
Higher commodity prices and a strong recovery in energy demand are likely to have aided Enbridge's (ENB) Q4 earnings.
Enbridge Southern Lights GP Inc. 1529 c Moves diluent north; formed in 2010 by reversing 1465 km of former Enbridge Line 13 and constructing 1091 km of new pipeline in the U.S. It shares the Enbridge Mainline right-of-way. Trans Mountain Pipeline System: operating Edmonton, AB, & Kamloops, BC. Burnaby & Burrard Inlet, BC, & Sumas, WA
In 2005, Texas Eastern Products Pipeline, was acquired by Enterprise Products Partners L.P. in 2005, and Enterprise Products became the system operator with a 50% stake. [4] In late 2011, Canadian pipeline company Enbridge bought Conoco's remaining 50% interest in the company for $1.15 billion. The Seaway Crude Pipeline Company LLC (a joint ...
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