Posted Dec 7, 2020 3:48 pm PST. An anchor dragged by a commercial tug and barge dented both pipes in April 2018. Enbridge paid $177 million and pledged to improve pipeline safety under that agreement. 1. Nearly 50 people spoke during the three-hour hearing, while others issued written statements. News Videos. Minnesota approved the stormwater pollution plan for Enbridge’s Line 3 pipeline replacement and expansion, the project’s last pending permit, the company said. However, Whitmer argues that the company has neglected to properly care for the pipelines over the years and has put the state at risk for an oil spill. Bismarck Brainerd Duluth ... Dec 16th 2020 - 10pm ... Enbridge received final regulatory approval to begin construction on … Project Details T-South Reliability and Expansion Program. The amount of the dividend is consistent with the September 1, 2020 dividend. THE EAST LEG of Enbridge Inc.’s Line 5 pipeline near St. Ignace. CALGARY, AB, Dec. 8, 2020 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.835 per common share, payable on March 1, 2021 to shareholders of record on February 12, 2021.The declared dividend represents a three percent increase from the prior quarterly rate and … These equipment upgrades to our B.C. Get the latest Enbridge Inc (ENB) stock news and headlines to help you in your trading and investing decisions. 4. Transporting millions of gallons of petroleum products each day through two 67-year old pipelines that lie exposed along the entire span of a busy shipping channel presents an extraordinary and unacceptable risk. Mike Alaimo of the Michigan Chamber of Commerce responded that the $500 million project, which Enbridge has promised to pay for, would protect the lakes and bolster the regional economy while keeping energy prices affordable. A Michigan regulatory panel refused Tuesday, June 30, 2020, to grant quick permission to run a new oil pipeline beneath a channel that connects two … Topics. The project will include Enbridge installing a new oil pipeline, and shutting down the existing one. The EPA determined that Enbridge neglected to properly evaluate thousands of “shallow dents” on its Lakehead Pipeline System. The dual pipelines are vulnerable to anchor strikes, similar dangerous impacts, and the inherent risks of pipeline operations.”, Democratic U.S. Sen. Gary Peters, a member of the Senate committee that oversees the U.S. Dec 1, 2020 (Bloomberg) An Enbridge Inc. pipeline that will help ship more Canadian crude to the U.S. Midwest received final approval, paving the way for construction to start soon on a third key export project for the oil sands after years of delays. CALGARY, AB, Nov. 4 - The Board of Directors of Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared a quarterly dividend of $0.81 per common share, payable on December 1, 2020 to shareholders of record on November 13, 2020. “In the face of continued roadblocks by this Administration it’s time for the State to stop playing politics with the energy needs and anxieties of US and Canadian consumers and businesses that depend on Line 5,” said Vern Yu, Executive Vice President and President, Liquids Pipelines. ... Visit the investment center dashboard and view our latest events, filings and news releases. (Michigan Department of Environment, Great Lakes, and Energy via AP, File). If you visit us daily or weekly or even just once a … November 30, 2020 Enbridge Line 3 Starts Construction in Minnesota CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /CNW/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. 24/7 coverage of breaking news and live events. Enbridge has undergone a significant portfolio shift over the past few years. FILE - In this June 8, 2017, file photo, fresh nuts, bolts and fittings are ready to be added to the east leg of the Enbridge Line 5 pipeline near St. Ignace, Mich., as Enbridge prepares to test the east and west sides of the Line 5 pipeline under the Straits of Mackinac in Mackinaw City, Mich. (Dale G. Young/Detroit News via AP, File), Pipeline and Hazardous Materials Safety Administration, the state was revoking an easement granted in 1953, An anchor dragged by a commercial tug and barge dented both pipes, ordered to temporarily halt operations this June. November 20, 2020 With so many twists and turns in the Line 5 story, it’s hard to keep up with the legal filings and positions from Enbridge Energy Corp., various Michigan governmental agencies and groups trying to stop or keep the pipeline. The Canadian pipeline company wants to drill a nearly 4-mile (6.4-kilometer) tunnel through bedrock under the Straits of Mackinac. Enbridge responded with a federal lawsuit and said it would ask the court to overrule the Democratic governor. EMAIL. Enbridge’s Line 5 pipeline, which links Superior, Wisconsin, with Sarnia, Ontario, was issued a form of a Notice of Revocation and Termination by the state of Michigan on Nov. 13. ... 2020 at 8:34 pm. Both sides in a multi-year battle over the future of Enbridge's Line 5 faced off during an online public hearing before officials with the Army Corps of Engineers. Activists are pushing big banks to follow New York in divesting from companies like Enbridge, which — according to Stop the Money Pipeline — has a $2.1 billion loan up for renewal in March. News; Growth projects. Turn on desktop notifications for breaking stories about interest? The company also needs a permit from the Michigan Department of Environment, Great Lakes and Energy, where an application is pending. Enbridge Sets New Environmental, Social and Governance Goals for the Future PR Newswire 06.11.20 - PR Newswire Enbridge Reports Strong Third Quarter and Reaffirms 2020 Financial Guidance Canadian oil company Enbridge filed suit in federal court to stop the State of Michigan from shutting down the utility pipeline’s operation on Tuesday. Enbridge Starts Construction on Line 3 in Minnesota Enbridge Energy has begun construction on its Line 3 crude oil pipeline replacement in Minnesota. People who invested $10,000 in Enbridge at the start of 2020 would have $8,435 today, indicating a total return of -15.5%. It would house a replacement for twin pipes that have run along the bottom of the waterway connecting Lake Huron and Lake Michigan for 67 years. Enbridge Inc. is suing the state of Michigan for taking steps to shut down the company’s oil pipeline that runs under the Straits of Mackinac. (Michigan Department of Environment, Great Lakes, and Energy via AP, File) December 17, 2020 Austin Erickson , PALISADE, Minn. (KVRR) – Activists gather at the Enbridge Line 3 pipeline in Northern Minnesota for an antipipeline prayer vigil. Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported strong third quarter 2020 financial results and provided a quarterly business update. Jahr in Folge an . FILE - This June 2020, file photo, shot from a television screen provided by the Michigan Department of Environment, Great Lakes, and Energy shows damage to anchor support EP-17-1 on the east leg of the Enbridge Line 5 pipeline within the Straits of Mackinac in Michigan. TRAVERSE CITY, Mich. -- Building an oil pipeline tunnel beneath a channel linking two of the Great Lakes would risk environmental devastation, opponents said Monday, while supporters argued that rejecting the plan would further damage a Michigan economy already reeling from the coronavirus. CALGARY, AB, Dec. 8, 2020 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has … The company that spilled nearly one million gallons of oil into the Kalamazoo River and made Michigan the home of the largest on-land oil spill in American history has again demonstrated it cares only about its bottom line.”, State officials also said Tuesday that the “continued use of the dual pipelines cannot be reconciled with the public’s rights in the Great Lakes and the State’s duty to protect them. December 17, 2020 Austin Erickson , PALISADE, Minn. (KVRR) – Activists gather at the Enbridge Line 3 pipeline in Northern Minnesota for an antipipeline prayer vigil. ... Front Page News. Following the sale, the director now owns 920,547 shares in the company, valued at C$39,997,767.15. The line runs under the Straits of Mackinac. The amount of the dividend is consistent with the September 1, 2020 dividend. The project will include Enbridge installing a new … Gretchen Whitmer ordered Enbridge to shut down the pipeline within 180 days, saying the company had violated terms of an easement the state granted in 1953 to place the line on the lake bottom. natural gas transmission system enhance overall safety and reliability. By Associated Press, Wire Service Content Nov. 24, 2020… Gretchen Whitmer notified Enbridge that the state was revoking an easement granted in 1953 that allowed an extension of the Line 5 oil pipeline to run through the Straits of Mackinac. Growth. Enbridge’s Line 5 has served Michiganders safely without spilling a drop of oil at the Straits crossing for more than 65 years, over nine different State Administrations.”. Enbridge's Notice of Annual Meeting and Proxy Statement are expected to be mailed to Enbridge common shareholders at the end of March. Enbridge Inc. The Corps will accept comments through Dec. 17 but there's no deadline for its decision on the permit application, spokesman Bill Dowell said. ) wird eine Quartalsdividende von 0,81 CAD an seine Aktionäre ausschütten unusual move, Gov worker certification. Line 3 replacement Starts construction on its Lakehead pipeline System commercial tug barge. Officials hear arguments on Enbridge pipeline ’ s Lakehead network, which carries oil from western Canada to in. The director now owns 920,547 shares in the last five trading sessions April 2018 is part of ’... To improve pipeline safety under that agreement meaning the flow of oil must stop by then agreement. 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