Enbridge Renewable Projects
Canadian-US Pipeline System
March 10, 2013: under the radar. With the reversal of Enbridge's Line 9 (Detroit, MI/Sarnia, Ontario, to Montreal, Ontaria), Enbridge has options to move Canadian oil to east coast for export to Europe, and Bakken oil to east coast refineries in the US. [The link may be "broken" temporarily; after posting, I put it into draft status to be posted at a later date when it might have more relevance.]
March 10, 2013: short summary on Enbridge projects.
March 3, 2013: Enbridge reiterates it will not mix Bakken oil with Canadian sands heavy oil; the Sandpiper will be a twin pipeline.
February 15, 2013: Enbridge completing the America segment of the massive MATL wind energy transmission line from Canada and through Montana.
January 13, 2012: Enbridge announces another $600 million to be added to the "massive" $6.2 billion project announced in December.
December 7, 2012: $14.5 billion in new expansion.
December 6, 2012: Enbridge increases dividend.
November 25, 2012: so, now, Enbridge Rail to transport Bakken oil to Philadelphia-area refineries.
November 23, 2012: ENB announces it will add a 36-inch pipeline to its mainline system between Edmonton, Alberta, Canada, and Hardisty, Alberta, Canada. The segment will be just slightly more than 100 miles long. Cost: $1.8 billion; capacity eventually to 800,000 bopd. Does Hardisty ring a bell? TransCanada Corp. said Wednesday (May 9, 2012) it will proceed with the construction of an oil terminal in Hardisty, Alberta, which will serve as the starting point of the proposed Keystone XL pipeline. More evidence that Enbridge continues to take advantage of President Obama's decision to kill Keystone XL 1.0.
November 1, 2012: superficial overview of ENB -- Motley Fool;
October 22, 2012: Enbridge to buy some midstream assets from Encana, Peace River Arch region in northwest Alberta; $265 million (Canadian);
October 4, 2012: Enbridge says high capacity pipeline needed from the Bakken to Superior, Wisconsin
Enbridge talking about a new pipeline from the Bakken to Superior, Wisconsin.
"Fair to say it would be quite high capacity," he said. "If you look at the growth curve of the Bakken, there's no question that a conduit more 100,000 bbls a day, or 150,000 bbls a day, or 200,000 is probably needed."August 18, 2012: front page story in the LA Times regarding Enbridge.
August 8, 2012: EEP -- growth and dividends, at SeekingAlpha.com.
July 23, 2012: NTSB rules on Michigan 2010 Enbridge spill.
May 18, 2012: Enbridge announces expansion of capacity going east from the Bakken and Alberta.
April 27, 2012: Enbridge must be hitting on all cylinders; new 52-week high.
April 21, 2012: race between Enbridge and TransCanada to relieve congestion at Cushing.
April 13, 2012: ENB's Northern Gateway ($5.5 billion; to be completed in 2017) faces competition from Kinder Morgan's recently announced $5.0 billion TransMountain pipeline from Alberta to Vancouver.
January 7, 2012: EPP to build a $2 billion, 1,230-mile long ethane pipeline from Texas to Ohio, Pennsylvania, or West Virginia, the ATEX Express pipeline.
January 6, 2012: EPP and ENB to expand Seaway pipeline and build a new pipeline from Houston to Port Arthur giving shippers access to heavy refining.
January 6, 2012: Canadian government approves Enbridge application to build a Canadian pipeline just north of North Dakota to carry Bakken oil.
January 5, 2012: Why Enbridge entered the crude-by-rail industry.
January 3, 2011: Update on Enbridge and unit-trains.
December 28, 2011: Seaway reversal on track, but an even bigger story -- Enbridge to lay a new pipeline from Cushing to the Gulf.
November 12, 2011: Focus on the east-west Enbridge pipeline now that the Keystone XL is dead.
November 12, 2011: Acquires 50% ownership in the Lac Alfred Wind Farm Project from EDF Canada
August 25, 2011: Enbridge pipeline gains traction.
July 26, 2011: archived investing stories on the family of Enbridge companies up to this date.
July 23, 2011: Enbridge's Beaver Lodge Loop pipeline project on track despite recent flooding.
The Beaver Lodge Loop Project is designed to add up to 145,000 barrels per day into the company's North Dakota System Berthold station.July 7, 2011: Update of pipeline activity and projects it the Williston Basin
July 22, 2011: National Geographic and Enbridge.
July 7, 2011: Enbridge thinks about shipping oil to eastern Canada -- again.
Enbridge Inc is in talks with refiners and Western Canadian oil producers about establishing new pipeline access to Eastern refineries in a revamp of a concept it floated three years ago, an executive said on Wednesday.June 22, 2011: ENB looks to increase capacity by building a railroad oil loading facility west of Minot, near Berthold.
The idea is to ship light crude oil to refineries in Quebec and beyond, which pay higher crude costs due to the wide pricing spread between oil on the Atlantic Coast compared with Western Canadian supply, said Richard Bird, Enbridge's chief financial officer.
Comment: this story plus the IEA's recent panic-release of the SPR suggests refiners are having more and more difficulty getting enough of the "right kind" of oil to their sites.
April 2, 2011: reminder -- ENB recomends a 2:1 stock split, effective May 25, 2011.
February 21, 2011: Enbridge is a "rock." SeekingAlpha.
February 14, 2011: Enbridge Energy pipeline expansion secures 100,000 bpd capacity commitments Co and Enbridge Income Fund Holdings announced that additional shippers have finalized capacity commitments to the Bakken Expansion Program. The expansion program is being undertaken on the Enbridge North Dakota System owned by EEP, and the Enbridge Saskatchewan System, owned by the Enbridge Income Fund. The total cost of the program is expected to be $560 million. The added capacity from this expansion will be 145,000 bpd, of which 25,000 bpd will be available by early 2011 following completion of the Portal Reversal Expansion Project, and the remaining 120,000 bpd by late 2012. Under the applicable regulatory arrangements a maximum of 115,000 bpd can be held by committed shippers and at least 30,000 bpd must be reserved for uncommitted volumes.
February 14, 2011: News article updating Enbridge's plans in North Dakota and Saskatchewan. This is a $560 million expansion program; I think it's all been discussed before. New information:
Enbridge pipelines ship the bulk of Canada’s oil exports to the United States. The expansion program will be handled through two affiliated companies: Enbridge Energy Partners LP and Enbridge Income Fund Holdings Inc.February 2, 2011: buys 15 MW-Amherstburg II (Ontario) and 5 MW-Tibury (Calgary).
The expansion will take the oil to a connection with Enbridge’s main line systems at Cromer, Manitoba, where it can be shipped to refineries in the U.S. Midcontinent and Central Canada.
The company said 25,000 bpd of the new capacity will be available early this year with the remaining 120,000 bpd in place by late 2012.
December 1, 2010: ENB increases dividend by 15%, from 42.5 cents to 49 cents/share.
November 24, 2010: Retirement portfolio includes ENB.
October 18, 2010: MLPs rise to new record highs.
October 5, 2010: ENB considering Monarch Pipeline from Cushing, Oklahoma, to Houston. ENB also stated that earnings and payouts would not be affected by recent spills.
July 30, 2010: EEP will buy Elk City natural gas gathering and processing system from Atlas Pipeline Partners LP; 800 miles of pipeline in Texas panhandle and southwestern Oklahoma; $682 million in cash.
July 27, 2010: oil spill in Midwest.
July 22, 2010: Enbridge to double pipeline capacity in the Bakken?
July 13, 2010: Enbridge affiliate (EEP?) to buy 250 MW wind farm east of Denver, CO
February 16, 2010: Seeking Alpha -- Enbridge's Vast Potential
December 8, 2010: Enbridge expanding Sarnia Solar Project to 80 MW
October 3, 2009: Enbridge buys 2nd largest solar farm in Canada from First Solar
This is how this page began: With the recent "hint" that Enbridge might double its pipeline capacity in the Bakken, I thought this was a good time to sort out Enbridge.
OVERVIEW AND LINKS
Enbridge US Operations.
- Enbridge Energy Partners, LP, headquarters in Houston: EEP
- Enbridge Energy Management, L.L.C., manages the business affairs of EEP: EEQ
- Alliance Pipeline: natural gas pipeline from Canada to Illinois
- Seven wind farms with completion of the Cedar Point Wind Farm in 2011
- Cedar Point, Colorado (75 miles east of Denver) -- first Enbridge wind farm in the US; 250-MW wind farm
- 50% ownership interest in the Lac Alfred Wind Farm Project from EDF Canada, November, 2011; 300MW; 150 whooping crane bird killers
- Sarnia Solar Project, Ontario, Canada: the largest solar cell farm in the world at the time (40 MW); now expanded to 80 MW
- Amherstburg II (15 MW) and Tibury (5 MW) -- in Canada; joint venture between ENB and First Solar;
- Federal government approves 748 MW project in Mojave Desert and Imperial Valley; panels will cover 6,800 acres, a small part of the 11 million acres of public land in these deserts, October 5 ,2010
- Nevada: 50 MW Silver State project; first solar plant finished entirely on federal property under the jurisdiction of the BLM; BLM plans more solar on its land in six Western states;
- First Solar: First Solar Inc. bought the 150-megawatt Solar Gen 2 project in California from an affiliate of Goldman Sachs Group Inc., Energy Power Partners and a third unnamed partner. Terms of the deal weren’t disclosed.
Waste Heat Recovery Facilities:
Enbridge Income Fund and NRGreen Power partnership along the Alliance Pipeline