comparemela.com

Latest Breaking News On - Tc energy corp keystone - Page 3 : comparemela.com

CORRECTED-UPDATE 2-Enbridge raises Line 3 replacement cost estimate by $1 1 bln

路透新闻部 2 分钟阅读 (Corrects currency to U.S. dollars from Canadian dollars in headline, value of capital cost estimate in paragraph 5) Feb 12 (Reuters) - Enbridge Inc on Friday forecast higher costs for its long-contested pipeline replacement project, citing regulatory and permitting delays, winter construction and COVID-19 protocols, among other reasons. Line 3, built in the 1960s, ships crude from a Canadian oil hub in Edmonton, Alberta, to U.S. Midwest refiners, and carries less oil than it was designed for because of age and corrosion. Replacing the pipeline would allow Enbridge to roughly double its capacity to 760,000 barrels per day. While the Canadian portion is complete, Enbridge has run into repeated obstacles in Minnesota, where reviews have lasted for about five years.

Enbridge says Line 3 replacement will cost $1 billion more than expected

Biden Pauses Federal Oil & Gas Leasing, Eyes Offshore

Biden takes sweeping measures to curb climate change, vows job creation

President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.