CALGARY — Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan. Enbridge executive vice-president Colin Gruending said the move by Capital Power to cancel a high-profile CCUS project proposed for its Genesee natural gas-fired power near Edmonton is "disappointing." But he added another proposed carbon capture project in the
Record Financial Outcomes and Strategic Acquisitions Mark a Strong Start to 2024
Enbridge (ENB) delivered earnings and revenue surprises of 15.25% and 9.02%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?