Tag: US Pipelines
Enbridge beats expectations, reporting $378M Q4 profit
Enbridge facing delays in US, Canada CALGARY _ Enbridge beat expectations with a $378 million profit and $494 million in adjusted earnings in the fourth quarter, a period when it completed several pipeline projects including the reversal and expansion of Line 9B in southern Ontario. It also acquired the New Creek Wind Project in West Virginia […]
US oil export ban: Republican dominated House defies veto threat, votes to lift ban
US oil export ban began in 1975 WASHINGTON _ Defying a White House veto threat, the Republican-controlled House on Thursday approved a sweeping bill to boost U.S. energy production, lift a four-decade ban on crude oil exports and modernize the aging electric grid. The first major U.S. energy legislation in nearly a decade, the bill would […]
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