Pipelines operator Enbridge reports solid earnings amid LNG advances and asset sales and acquisitions
Enbridge, the North American pipelines and energy transportation company, reported a decline in earnings as it completed sales and acquisitions to swap around its assets and proceeded with natural gas ventures meeting LNG processing demand on the US Gulf Coast.
US and Canadian pipeline gas and liquids distributor Enbridge swings to quarterly profit and annual earnings soar
Enbridge Inc, the Canadian-based pipelines and energy company, swung to a fourth-quarter profit from a previous loss and more than doubled annual profits as pipeline natural gas and liquids distributions increased amid the purchase of a gas utilities portfolio.
Canada’s Enbridge agrees to buy three US natural gas utility businesses in US$14Bln deal with Dominion
Enbridge Inc, the Canadian-based pipeline and energy company, has agreed to acquire three natural gas businesses from US utility and renewables-focused Dominion Energy in transactions valued at US$14 billion (C$19Bln) to create the largest North American gas utility franchise.
