Oil, Gas and Consumable Fuels
Company Overview of Enbridge Pipelines Inc.
Enbridge Pipelines Inc. is engaged in crude oil transportation business. Its Liquids pipelines segment owns and operates crude oil and other liquid hydrocarbons pipelines and terminals in Canada and the United States. This segment operates the Canadian Mainline that transports various grades of crude oil and liquid hydrocarbons from western Canada to the midwest region of the United States and eastern Canada; Southern Lights, which transports hydrocarbon diluent from markets in the US midwest to producers in the WCSB; Spearhead Pipeline, a contract pipeline that transports various grades of crude oil from the US midwest to hub terminals in Cushing, Oklahoma; and an interest in the Seaway pip...
3000, 425-1st Street SW
Calgary, AB T2P 3L8
Founded in 1949
Key Executives for Enbridge Pipelines Inc.
Vice President of Finance
President of Liquids Pipelines and President of Enbridge Pipelines Inc
President of Enbridge Energy Partners L P of Enbridge Inc.
Compensation as of Fiscal Year 2014.
Enbridge Pipelines Inc. Key Developments
United Refining Company and Enbridge Enter into Pipeline Maintenance Agreement
Aug 5 14
United Refining Company announced that it has entered into an agreement concerning Line 10, a pipeline owned by Enbridge Pipelines Inc. and Enbridge Energy Limited Partnership, which transports crude oil from Canada to URC's Kiantone Pipeline in West Seneca, New York and serves its refinery in Warren, Pennsylvania. The Agreement provides for URC to fund certain integrity costs necessary to maintain Enbridge's Line 10 pipeline and also a commitment to pay for half of the cost of the replacement of 20 miles of pipeline in Canada. URC's share of the replacement cost of this section of the pipeline will be approximately $28 million. It also provides for the replacement and upgrade of additional portions of Line 10, subject to regulatory approvals, and provided that a "put and call" agreement concerning ownership of the pipeline is entered into by the end of the year. If the parties enter into the "put and call" agreement, URC and Enbridge would share the cost of replacing the majority of Line 10 in Canada and part of it in New York State. Each party would invest approximately $135 million over the next five or six years for pipe replacement. URC will repay Enbridge for its investment over a ten year period for each section of Line 10 that is replaced. URC would have the right to purchase ("call") the entire Line 10 from Enbridge at any time during the next approximately eleven years and Enbridge will also have the right to require URC to purchase Line 10 ("put") over a two year period starting at the later of approximately nine years or when all of the upgrades are completed. The Agreement states that URC will pay Enbridge the published toll for the transportation of hydrocarbons and backstop the capital and integrity costs while Line 10 is owned by Enbridge. Promptly after execution of the Agreement, URC will pay Enbridge $36 million for integrity costs for 2014. Construction of the first segment of the pipeline to be replaced is planned to begin in 2015.
Enbridge Inc. and Enbridge Pipelines Inc. Announces Executive Appointments, Effective from March 1, 2014
Feb 14 14
Enbridge Inc. and Enbridge Pipelines Inc. announced changes to responsibilities of certain senior executives, effective March 1, 2014. Stephen J. Wuori, currently President, Liquids Pipelines & Major Projects, will be appointed Strategic Advisor, Office of the President and CEO. Guy Jarvis, currently Executive Vice President and Chief Commercial Officer, Liquids Pipelines, will be appointed as President, Liquids Pipelines, reporting to Al Monaco, President and CEO. Concurrent with this appointment, Mr. Jarvis will also assume the role of President, Enbridge Pipelines Inc. In his role as Strategic Advisor, Mr. Wuori will provide advice and support with respect to strategic matters affecting Enbridge's Liquids Pipelines and other businesses. Mr. Wuori has 34 years of experience with Enbridge, including most recently as President of Liquids Pipelines since 2008. He has served as a board member and chair of both the American Association of Oil Pipelines and the Canadian Energy Pipelines Association. Mr. Jarvis will assume responsibility for the leadership of all aspects of Enbridge's Liquids Pipelines business unit. Mr. Jarvis has more than 28 years of experience in the energy industry, of which the last 14 have been with Enbridge. Prior to his current role as Executive Vice President and Chief Commercial Officer, Liquids Pipelines, he served as President, Enbridge Gas Distribution, and previously led Enbridge's Liquids Pipelines business development group, among other roles of increasing responsibility.
The National Energy Board Recommends Approving Enbridge’s Edmonton to Hardisty Pipeline Project
Jan 31 14
The National Energy Board released its report recommending that the federal government approve the Enbridge Pipelines Inc.'s (Enbridge) Edmonton to Hardisty Pipeline Project (Project). The Project includes the construction and operation of a new crude oil pipeline, approximately 182 km in length, from its existing Edmonton Terminal, near Edmonton, AB to its existing Hardisty Terminal, near Hardisty, AB. A public hearing was held as part of the Board’s review of this Project. Several participants, including landowners and Aboriginal groups, contributed. Based on their input and other evidence, the Board included a number of conditions in its recommendation that Enbridge must comply with if the Project is approved. The Board also approved the construction and operation of a new initiating pump station at Enbridge’s Edmonton Terminal, a new pump station at each of its existing Kingman and Strome stations, as well as associated facilities and infrastructure at its Edmonton and Hardisty Terminals as part of the Project (Associated Facilities). The Board’s approval to construct and operate these facilities will only take effect on Governor in Council’s approval of the Project. If approved by the Governor in Council, the Board will issue a Certificate of Public Convenience and Necessity, as well as an Order for the Associated Facilities.
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