{"id":278532,"date":"2025-11-08T03:45:07","date_gmt":"2025-11-08T03:45:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/278532\/"},"modified":"2025-11-08T03:45:07","modified_gmt":"2025-11-08T03:45:07","slug":"canadas-biggest-oil-pipeline-is-running-full-and-enbridge-may-green-light-upsized-capacity-boost","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/278532\/","title":{"rendered":"Canada’s biggest oil pipeline is running full \u2014 and Enbridge may green-light ‘upsized’ capacity boost"},"content":{"rendered":"\n

Enbridge Inc.<\/a> says it is advancing \u201cupsized\u201d plans to increase capacity on Canada\u2019s largest oil pipeline, announcing Friday that it is considering a larger expansion for its pipeline that carries Alberta oil to the U.S. Midwest.<\/p>\n

The Calgary-based midstream giant said its Mainline pipeline<\/a> was running at full capacity in the third quarter and confirmed Friday that it is accelerating plans to increase capacity further.<\/p>\n

The company had previously said it was nearing investment decisions to expand the Mainline in two phases \u2014 a 150,000-barrel-a-day increase by 2027 and another 150,000 barrels per day by 2028.<\/p>\n

On the latest earnings call, Enbridge executive vice-president Colin Gruending used a baseball analogy to confirm the second phase will be larger.<\/p>\n

\u201c(Phase one) is at the plate now\u2026 (phase two) is in the batter\u2019s box and it\u2019s got a bigger bat than we thought we had before. We\u2019ve upsized that from 150 to 250 thousand barrels per day,\u201d Gruending said.<\/p>\n

Strong demand for Canadian oil in the United States and the relative strength of Canadian producers \u2014 particularly those in the oilsands<\/a> \u2014 who face far less production decline than their U.S. shale rivals, is driving demand for increased export capacity out of Western Canada, Enbridge chief executive Greg Ebel said Friday.\u00a0<\/p>\n

The midstream giant beat analyst estimates for its adjusted earnings before interest, taxes, depreciation and amortization \u2014 a measure of underlying operating profit \u2014 \u00a0with $4.3 billion in the third quarter, up slightly from $4.2 billion a year ago thanks to high pipeline utilization.<\/p>\n

Enbridge also sanctioned $3 billion in new projects in the third quarter, including $500 million for its Southern Illinois Connector \u2014 a new crude pipeline tie-in that is expected to add 100,000 barrels per day in additional export capacity for Canadian crude to the U.S. Gulf Coast.<\/p>\n

The company continues to face questions about its appetite to pursue a new long-haul pipeline in light of Prime Minister Mark Carney<\/a>\u2018s effort to fast-track major infrastructure projects<\/a> deemed in the national interest.<\/p>\n

But both Ebel and Gruending downplayed the idea during Friday\u2019s earnings call, suggesting Enbridge\u2019s focus was on \u201cbrownfield opportunities\u201d and expanding or de-bottlenecking existing pipelines.<\/p>\n

Still, Gruending hinted that Enbridge was exploring the possibility of a third or fourth phase to the Mainline expansion project \u2014 particularly if the political will was there.<\/p>\n","protected":false},"excerpt":{"rendered":"Enbridge Inc. says it is advancing \u201cupsized\u201d plans to increase capacity on Canada\u2019s largest oil pipeline, announcing Friday…\n","protected":false},"author":2,"featured_media":278533,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[103,147653,147654,32443,192,147652,113914,79,108952],"class_list":{"0":"post-278532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-canada","9":"tag-colin-gruending","10":"tag-crude-pipeline","11":"tag-enbridge","12":"tag-environment","13":"tag-export-capacity","14":"tag-oil-pipeline","15":"tag-science","16":"tag-western-canada"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/278532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=278532"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/278532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/278533"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=278532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=278532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=278532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}