Pipelines & Transportation
Enbridge reports $1.7B Q1 profit, down from $1.9B a year earlier
Friday, May 5, 2023, 6:31 AM MDT
Enbridge Inc. reported a first-quarter profit of $1.7 billion, down from $1.9 billion a year ago as it was hit…
Enbridge signs tolling deal with shippers for Mainline pipeline system
Thursday, May 4, 2023, 6:19 AM MDT
Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over…
TC Energy reports first quarter profit up from year ago
Friday, April 28, 2023, 6:55 AM MDT
TC Energy Corp. reported a first-quarter profit of $1.31 billion, up from $358 million in the same quarter last year.…
CN Rail rides higher grain volumes, oil prices to record first quarter revenue
Tuesday, April 25, 2023, 6:45 AM MDT
Canadian National Railway Co. upped its financial forecast for the year after reaping record first-quarter revenues due to a bumper…
Keystone spill caused by crack that progressed over time: TC Energy
Monday, April 24, 2023, 6:35 AM MDT
TC Energy Corp. says a third-party investigation into an oil spill from the company's Keystone pipeline in December has concluded…
Amplify to restart California oil field after 2021 offshore pipe spill
Tuesday, April 11, 2023, 6:55 AM MDT
Amplify Energy Corp. is preparing to restart a crude oil field off California’s coast after shutting down following the state’s…
RCMP arrest five people near natural gas pipeline construction site in northern B.C.
Thursday, March 30, 2023, 6:10 AM MDT
The RCMP say five people have been arrested at two camps in the area where a disputed natural gas pipeline…
Enbridge 'disappointed' as environmental review for Line 5 tunnel extended
Thursday, March 23, 2023, 3:20 PM MDT
Enbridge Inc. has been dealt another setback on its Line 5 replacement project in Michigan. The company said Thursday it…
Canada faces $15 billion loss on oil pipeline, Morningstar says
Tuesday, March 21, 2023, 6:36 AM MDT
Canadian taxpayers may end up taking a loss of C$20 billion (nearly $15 billion) on the government-owned Trans Mountain Pipeline…
Indigenous led prospective buyer 'not going away' even as Trans Mountain costs spiral
Monday, March 20, 2023, 6:18 AM MDT
An Indigenous-led initiative is still pursuing ownership of the Trans Mountain pipeline, despite the project's ballooning price tag. “We are…
CP Rail's US$31 billion takeover of KCS gains final regulatory approval
Thursday, March 16, 2023, 6:31 AM MDT
The U.S. rail regulator is giving a green light to Canadian Pacific Railway Ltd. to take control of Kansas City Southern…
Trans Mountain pipeline construction costs balloon again, this time to $30.9B
Monday, March 13, 2023, 6:27 AM MDT
The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion. That's…