Enbridge Approves $1.4 Billion Mainline Optimization Phase 1 Project

Benzinga11-14

Enbridge Inc. (NYSE:ENB) shares are trading lower on Friday after the company announced it has made a final investment decision for the Mainline Optimization Phase 1 (MLO1) project. Enbridge plans to ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2583500231?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/11/14/Enbridge--INC.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2025-11-14 23:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583500231","market":"nz","top_or_hot":-1,"title":"Enbridge Approves $1.4 Billion Mainline Optimization Phase 1 Project","media":"Benzinga","content":"<div>\n<p>Enbridge Inc. (NYSE:ENB) shares are trading lower on Friday after the company announced it has made a final investment decision for the Mainline Optimization Phase 1 (MLO1) project.\nEnbridge plans to ...</p>\n\n<a href=\"https://www.benzinga.com/markets/large-cap/25/11/48868820/enbridge-approves-1-4-billion-mainline-optimization-phase-1-project\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Enbridge Approves $1.4 Billion Mainline Optimization Phase 1 Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnbridge Approves $1.4 Billion Mainline Optimization Phase 1 Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-14 23:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/large-cap/25/11/48868820/enbridge-approves-1-4-billion-mainline-optimization-phase-1-project><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Enbridge Inc. (NYSE:ENB) shares are trading lower on Friday after the company announced it has made a final investment decision for the Mainline Optimization Phase 1 (MLO1) project.\nEnbridge plans to ...</p>\n\n<a href=\"https://www.benzinga.com/markets/large-cap/25/11/48868820/enbridge-approves-1-4-billion-mainline-optimization-phase-1-project\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0238689110.USD","symbol_name":"贝莱德环球动力股票基金","start_time":0,"source_url":"https://www.benzinga.com/markets/large-cap/25/11/48868820/enbridge-approves-1-4-billion-mainline-optimization-phase-1-project","article_id":"2583500231","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/14/Enbridge--INC.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/large-cap/25/11/48868820/enbridge-approves-1-4-billion-mainline-optimization-phase-1-project","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2583500231","pubTimestamp":1763135520,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Enbridge approves $1.4B Mainline Optimization Phase 1 project, adding 150 kbpd to Mainline and 100 kbpd to FSP, boosting Canadian oil deliveries to U.S. refineries.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0238689110.USD":"贝莱德环球动力股票基金","ENB":"安桥","BK4144":"石油与天然气的储存和运输","IE00B3CCJ963.GBP":"GUINNESS GLOBAL ENERGY \"C\" (GBP) ACC","FSP":"Franklin Street Properties","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4194":"办公房地产投资信托","IE00B2Q91V27.USD":"GUINNESS GLOBAL ENERGY \"C\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4588":"碎股","BK4223":"办公室房地产信托","BK4585":"ETF&股票定投概念","IE00BGHQF524.EUR":"GUINNESS GLOBAL ENERGY \"C\" (EUR) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H"},"translate_title":"Enbridge批准耗资14亿美元的主线优化一期项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSP":1,"ENB":1.5},"content_text":"Enbridge Inc. (NYSE:ENB) shares are trading lower on Friday after the company announced it has made a final investment decision for the Mainline Optimization Phase 1 (MLO1) project.\nEnbridge plans to invest approximately $1.4 billion in the project, adding 150 kbpd of capacity to the Mainline system and 100 kbpd to the FSP.\nThe company expects the new capacity to come online in 2027.\nThe project will expand its Mainline network and Flanagan South Pipeline (FSP) and boost Canadian heavy oil deliveries to major U.S. refining markets in the Midwest (PADD II) and Gulf Coast (PADD III) to meet rising customer demand.\nMLO1 will increase Mainline capacity through upstream optimizations and terminal upgrades.\nEnbridge also plans to expand FSP by adding pump stations and terminal enhancements, while leveraging existing Seaway Pipeline capacity.\nThe FSP expansion is supported by long-term take-or-pay contracts for full-path service from Edmonton, Alberta, to Houston, Texas, ensuring strong returns for MLO1.\nColin Gruending, Enbridge’s executive vice president and president of Liquids Pipelines added, “This project demonstrates the competitive advantage of leveraging existing networks to meet growing customer demand, supporting long-term energy security and affordability across North America.”\nLast week, the company reported third-quarter adjusted EPS of 33 cents, missing the 39-cent estimate, and revenue of $10.633 billion, below the $10.860 billion consensus.\nPrice Action: ENB shares are down 2.54% at $47.04 at the last check on Friday.\nRead Next:\nPhoto: Shutterstock","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2583500231","isCrawlerRequest":true}