Enbridge Rides Wave of Oil Demand in 2021, but Keeps Eyes on Low-Carbon Plans
Attachment: Enbridge 4Q21
SUGAR LAND--February 14, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other big names in the North American Oil & Gas Industry, Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) is reaping the benefits of a recovery in fuel demand. The company finished or made significant strides on a slew of capital-spending projects throughout 2021, and is pressing forward with investments in renewables and low-carbon energy infrastructure, to reach its net-zero goal by 2050. Industrial Info is tracking more than $7.1 billion worth of active projects from Enbridge, nearly 25% of which are nearing or under construction.
Within this article: Details on Enbridge's plans for 2022 and some of its highest-valued projects, including the Line 3 Replacement Project, the Niagara Falls RNG development, the Ingleside Energy Center in Texas, and a new hydrogen-blending facility.
