Pipeline giant Enbridge plans to cut 6% of staff
Enbridge plans to cut its workforce by about 6% as one of the world’s largest oil pipeline operators faces steep economic headwinds.
Enbridge plans to cut its workforce by about 6% as one of the world’s largest oil pipeline operators faces steep economic headwinds.
“The assets we are acquiring have long useful lives and natural gas utilities are ‘must-have’ infrastructure for providing safe, reliable and affordable energy.”
Annova LNG has scrapped its plans for an LNG export facility in Brownsville, in Texas.
Luxembourg-headquartered firm Jan De Nul has signed its first deal to enter the French offshore wind market.
Enbridge Inc.’s decision to implement and then scrap new rules governing Canada’s biggest export pipeline system sent crude prices on a record roller coaster move this week, earning the pipeline operator both friends and enemies.
Enbridge Inc. will buy Spectra Energy Corp. in a $28 billion stock-for-stock transaction that will create the largest energy pipeline and storage company in North America, the companies said in a statement Tuesday.
Enbridge Inc. will spend $172 million paying fines and boosting safety across its pipeline operations in a deal with the Justice Department resolving Clean Water Act violations connected to its 2010 oil spill near Marshall, Michigan.
Wildfires raging across northern Alberta for more than two weeks have come to within a kilometer of an Enbridge Inc. oil-sands transportation terminal as warm weather and wind spread the flames, while workers were evacuated from camps north of Fort McMurray.