Enbridge Inc. has taken significant steps to expand its operations in the Permian Basin. A key initiative is the launch of an open season to increase the Gray Oak pipeline capacity by up to 120,000 barrels per day, contingent on the success of this period.
Enbridge says it will spend about US$100 million to expand its Gray Oak pipeline and add 2.5 million barrels of additional crude oil storage at the Enbridge Ingleside Energy Center terminal, near Corpus Christi, Texas.
Enbridge to conduct evaluations and testing in the Wabamun area west of Edmonton to ensure safe and permanent carbon sequestration
The proposed pipeline would carry LNG from Summit Lake, near Prince George to Kitimat sold to Enbridge
Enbridge Line 3 fully operational on October 1, 2021, increasing the pipeline’s capacity to 760,000 barrels per day will have an impact on oil shipped by rail.
Enbridge Inc (ENB.TO) said on Tuesday it was buying logistics company Moda Midstream Operating LLC for $3 billion in cash
