Page 39 - Texas Eastern News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Enbridge seeks to get more gas to energy-hungry U.S. Northeast Sergio Chapa, Bloomberg News VIDEO SIGN OUT Enbridge Inc. is moving forward with upgrades to its pipeline network serving the northeastern U.S. to ship more shale gas from the prolific Appalachian Basin as opposition to new conduits mounts in the region. The Canadian company’s plan includes a connection to a UGI Utilities facility in Pennsylvania and compression boosts that will allow it to move an additional 18 million cubic feet per day along its Texas Eastern system. In a second phase, similar links will be built f...

Milder Weather, Returning Supply Pave Way for More Natural Gas Price Declines Natural gas futures continue to retreat on post-storm recovery Production, LNG still well off pre-freeze levels Cash prices fall further; most locations back below $3 Natural gas futures crashed on Monday as production appeared to be making a quick recovery from the unrivaled Arctic blast that rocked the energy industry last week. Warming weather models also provided a headwind to prices, with the March Nymex gas futures contract tumbling 11.6 cents to settle at $2.953. April slid only 5.5 cents to $2.936. Spot gas ...

Construction of the U.S. portion of its Line 3 oil pipeline will cost $1.1 billion more than expected due to regulatory and court delays in Minnesota but the CEO of owner Enbridge Inc. says the project is on track to start delivering "lots of free cash flow" by late this year.

Operator Welcome to the Enbridge Inc.'s fourth-quarter 2020 financial results conference call. My name is Jonathan, and I will be your operator for today's call. [Operator instructions] Please note that this conference is being recorded. I would now like to turn the call over to Jonathan Morgan, vice president of investor relations. Jonathan, you may begin. Vice President of Investor Relations Thank you. Good morning, and welcome to the Enbridge Inc. fourth-quarter 2020 earnings call. Joining me this morning are Al Monaco, president and chief executive officer; Colin Gruending, executive vice...

CALGARY - Construction of the U.S. portion of its Line 3 oil pipeline will cost $1.1 billion more than expected due to regulatory and court delays in