Enbridge

Enbridge Inc.
Company typePublic
TSX: ENB
NYSE: ENB
S&P/TSX 60 Component
IndustryOil and gas
FoundedApril 30, 1949 (1949-04-30)
(as Interprovincial Pipe Line Company)
FounderImperial Oil
Headquarters
Calgary, Alberta
,
Canada
Area served
Canada
United States
United Kingdom
Germany
France
Key people
Gregory L. Ebel (CEO)
ServicesPipeline transport
Oil storage
Natural Gas Distribution
Renewable Energy
RevenueIncreaseC$43,649 billion(2023)[1]
IncreaseC$8.651 billion(2023)[1]
IncreaseC$6.058 billion (2023)[1]
Total assetsIncreaseC$180.317 billion(2023)[1]
Total equityIncreaseC$61.454 billion(2023)[1]
Number of employees
13,400+[1]
SubsidiariesEnbridge Pipelines
Enbridge Gas Inc.
Websiteenbridge.com

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world.[2] Its crude oil system consists of 28,661 kilometres (17,809 miles) of pipelines.[3][4] Its 38,300 kilometre (23,800 mile) natural gas pipeline system connects multiple Canadian provinces, several US states, and the Gulf of Mexico.[5] The company was formed by Imperial Oil in 1949 as the Interprovincial Pipe Line Company Limited to transport Alberta oil to refineries. Over time, it has grown through acquisition of other existing pipeline companies and the expansion of their projects.

Enbridge has been responsible for several oil spills, including a spill on Line 3, which was the largest inland oil spill in the US. Opposition to Enbridge projects has resulted in several popular uprisings, most notably the Dakota Access Pipeline protests, and the Stop Line 3 protests.

  1. ^ a b c d e f Cite error: The named reference thirdten was invoked but never defined (see the help page).
  2. ^ "Enbridge rations Canada pipeline space, adding to oil headwinds - BNN Bloomberg". BNN Bloomberg. November 21, 2022. Retrieved November 24, 2022.
  3. ^ Enbridge. "Crude oil and liquids pipelines". Enbridge. Retrieved October 29, 2021.
  4. ^ "Enbridge's liquids pipelines network". www.enbridge.com. Retrieved November 24, 2022.
  5. ^ Cite error: The named reference :9 was invoked but never defined (see the help page).