The line runs under the Straits of Mackinac. The shares were sold at an average price of C$43.45, for a total transaction of C$178,145.00. By Veronica Penney. 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.. On Nov. 13, the office of Michigan Gov. Share via: Facebook; Twitter; LinkedIn; More; The legal battle between the State of Michigan and Enbridge Inc. … Growth. Enbridge … Nearly 50 people spoke during the three-hour hearing, while others issued written statements. Preferred Shares. November 20, 2020 GLN Editor. The amount of the dividend is consistent with the September 1, 2020 dividend. Gretchen Whitmer of Michigan, … 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. CALGARY, AB and DULUTH, Minn, Nov. 23, 2020 /CNW/ - Today the US Army Corps of Engineers announced approvals of federal permits for Enbridge's Line 3 project, including the Section 404, Section 10 and Section 408 permits. 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. Jahr in Folge an . 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 … Pressure grew as the company reported gaps in protective coating and installed supports when erosion opened wide spaces between sections of pipe and the lake bed. The company’s stock price has collected 0.21% of gains in the last five trading sessions. Enbridge Files Federal Lawsuit to Block Michigan’s Actions Against Line 5 November 24, 2020 Canadian oil company Enbridge filed suit in federal court … 0 Shares. The Board also declared the following quarterly dividends for Enbridge Inc. By Dave Dentinger November 25, 2020 1:22pm. Die Auszahlung erfolgt am 1. In short, Enbridge claims it can continue to pump oil through the Straits of Mackinac indefinitely, posing enormous risk to our economy and way of life – and that the people of Michigan have no say in the matter. Pipeline and Hazardous Materials Safety Administration, endorsed Whitmer’s move on Nov. 13 and said he would work with officials “to swiftly evaluate alternatives to Line 5 while continuing to hold Enbridge accountable.”. News Release - Individual release details. Enbridge Sues Michigan Over Oil Pipeline Shutdown Order Enbridge is fighting an order to shut down its oil pipeline that crosses the waterway connecting Lake Huron and Lake Michigan. All amounts shown are in Canadian dollars unless otherwise specified. Bismarck Brainerd Duluth ... Dec 16th 2020 - 10pm ... Enbridge received final regulatory approval to begin construction on … 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. News zu Enbridge. Line 5 is part of Enbridge’s Lakehead network, which carries oil from western Canada to refineries in the U.S. and Ontario. News Videos. “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. CALGARY, AB, Dec. 8, 2020 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has … natural gas transmission system enhance overall safety and reliability. (Garret Ellison | gellison@mlive.com) Enbridge has undergone a significant portfolio shift over the past few years. Get the latest Enbridge Inc (ENB) stock news and headlines to help you in your trading and investing decisions. Enbridge worker's certification revoked after Guelph house explosion . Rosie Del Campo CTV News Kitchener Producer @RosieDelCampo Contact. 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. 24/7 coverage of breaking news and live events. Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported strong third quarter 2020 financial results and provided a quarterly business update. Enbridge responded with a federal lawsuit and said it would ask the court to overrule the Democratic governor. The Enbridge logo is shown at the company's annual meeting in Calgary on May 9, 2018. 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. Enbridge has a 10-year CAGR of 9% (dividend adjusted), but if we consider its recent stock price history, a five-year CAGR of negative 0.2% doesn’t inspire a lot of confidence. 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. Turn on desktop notifications for breaking stories about interest? 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 signed a consent decree in 2017 with the U.S. Justice Department to resolve claims in from the massive oil spill in 2010 and another pipeline leak in Illinois. Das Unternehmen veröffentlicht seine Ergebnisse zum Q3 2020 am 06.11.2020. Environmental activists, native tribes and some elected officials began pushing to decommission Line 5 after an Enbridge pipeline spilled at least 843,000 gallons (3.2 million liters) of oil in the Kalamazoo River in southern Michigan in 2010. Jahr in Folge an. ... Office reports that a number of people protesting the Enbridge Energy Line 3 pipeline trespassed on property owned by Enbridge … Seen On WCCO-TV. “It is concerning to see the current Administration is willing to compromise these needs. According to Whitmer the damaged anchor support was approximately 150 feet (46 meters) from a section of the pipeline where damage to its coating was discovered on or around May 26. The pipeline moves about 23 million gallons (87 million liters) daily between Superior, Wisconsin, and Sarnia, Ontario, traversing parts of northern Michigan and Wisconsin. 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 Corps will accept comments through Dec. 17 but there's no deadline for its decision on the permit application, spokesman Bill Dowell said. “As Michigan fights to recover from COVID-19, the jobs this project will create and support are more important than ever,” he said. Several factors fueled the energy stock last month. If you need help with the Public File, call (313) 222-0566. “Enbridge has routinely refused to take action to protect our Great Lakes and the millions of Americans who depend on them for clean drinking water and good jobs,” Whitmer said in a statement earlier this month. Following the sale, the director now owns 920,547 shares in the company, valued at C$39,997,767.15. With such uncertainty in its future, Enbridge can ill-afford any further Line 3 delays. Press Release reported on 12/08/20 that (CNW) Enbridge Announces 2021 Financial Guidance, Increases Dividend, and Provides Update on Strategic Priorities 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. The U.S. Army Corps of Engineers held a public hearing Monday, Dec. 7, 2020, on Enbridge's application for a federal permit to construct an oil pipeline tunnel beneath the Straits of Mackinac, the waterway that links Lakes Huron and Michigan. 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. The revocation would take effect in 180 days from the order, meaning the flow of oil must stop by then. These equipment upgrades to our B.C. The company also needs a permit from the Michigan Department of Environment, Great Lakes and Energy, where an application is pending. Enbridge Inc. ENB recently received authorization from the board of directors to hike quarterly dividend for 2020. Enbridge is fighting an order to shut down its oil pipeline that crosses the waterway connecting Lake Huron and Lake Michigan. Michigan Attorney General Dana Nessel filed a lawsuit to carry out Whitmer’s decision on Nov. 13. All dividends are payable on September 1, 2020 to shareholders of record on November 13, 2020. THE EAST LEG of Enbridge Inc.’s Line 5 pipeline near St. Ignace. One of the pipeline supports was damaged this summer, apparently by a boat cable. Hier erhalten Sie eine Übersicht über die Dividendenzahlung und Dividendenrendite von ENBRIDGE sowie die anstehenden und vergangenen Hauptversammlungstermine (HV-Termine). The Standing Rock DAPL battle came after our successful defeat of Enbridge in the Sandpiper, a fracked-oil pipeline that Enbridge wanted to put … ... Visit the investment center dashboard and view our latest events, filings and news releases. We rely on contributions from you, our viewers and listeners to do our work. December 17, 2020 Austin Erickson , PALISADE, Minn. (KVRR) – Activists gather at the Enbridge Line 3 pipeline in Northern Minnesota for an antipipeline prayer vigil. 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. Published Friday, December 11, 2020 … Enbridge officials said Tuesday that ceasing Line 5 operations would result in a daily shortage of millions of gallons of gasoline and other transportation fuels that would impact Michigan, Wisconsin, Indiana, Ohio, Pennsylvania and Ontario and Quebec, Canada. “They have repeatedly violated the terms of the 1953 easement by ignoring structural problems that put our Great Lakes and our families at risk. The U.S. Army Corps of Engineers held a public hearing Monday, Dec. 7, 2020, on Enbridge's application for a federal permit to construct an oil pipeline tunnel beneath the Straits of Mackinac, the waterway that links Lakes Huron and Michigan. The project will include Enbridge installing a new … 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. News; Growth projects. ... 2020 at 8:34 pm. 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