Thursday, April 22, 2010

Enbridge


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Enbridge building in Edmonton, Alberta

Enbridge operates the world's longest crude oil and liquids pipeline system, located in both Canada and USA. It owns and operates Enbridge Pipelines Inc. and a variety of affiliated pipelines in Canada, and has an approximate 12% interest in Enbridge Energy Partners, L.P. which owns the Lakehead System in the U.S. These pipeline systems have operated for over 50 years and now comprise approximately 13,500 kilometres (8,500 miles) of pipeline, delivering more than 2 million barrels (300,000 m) per day of crude oil and liquids. Enbridge is also the sponsor and manager of the Enbridge Income Fund. jacket leather bomber

Enbridge is also involved in liquids marketing and international energy projects and has a growing involvement in the natural gas transmission and midstream businesses, through the Alliance and Vector pipelines, its investment in AltaGas Services, and various U.S. assets that transport, gather, process and market natural gas and other petroleum products. floor length skirts

As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, Enbridge Gas Distribution, which provides gas to industrial, commercial and residential customers in Ontario, Quebec and New York State. Enbridge distributes gas to 1.7 million customers and is developing a gas distribution network in New Brunswick. inexpensive bridesmaid dress

In September 2004, Enbridge closed a deal with Long Lake Oil Sands partners Nexen and OPTI Canada to provide an initial 60,000 barrels (10,000 m) per day of pipeline capacity. Further, the company announced it would conduct an open season for the Spearhead Pipeline project, which would offer crude oil transportation between Chicago and Cushing, Oklahoma, starting in early 2006.

In October 2008, Enbridge was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine. Later that month, Enbridge was also named one of Alberta's Top Employers, which was announced by the Calgary Herald and the Edmonton Journal.

Spills and violations

On July 4, 2002 an Enbridge pipeline ruptured in a marsh near the town of Cohasset, Minnesota in Itasca County, spilling 6,000 barrels (~250,000 gallons) of crude oil. In an attempt to keep the oil from contaminating the Mississippi River, the Minnesota Department of Natural Resources set a controlled burn that lasted for 1 day and created a smoke plume about 1 mile high and 5 miles long.

In 2006, there were 67 reportable spills totaling 5,663 barrels on Enbridge's energy and transportation and distribution system; in 2007, there were 65 reportable spills totaling 13,777 barrels

On March 18, 2006, approximately 613 barrels of crude oil were released when a pump failed at Enbridge's Willmar terminal in Saskatchewan. According to Enbridge, roughly half the oil was recovered, the remainder contributing to 'off-site' impacts.

On January 1 2007 an Enbridge pipeline that runs from Superior, Wisconsin to near Whitewater, Wisconsin cracked open and spilled ~50,000 gallons of crude oil onto farmland and into a drainage ditch. The same pipeline was struck by construction crews on February 2 2007, in Rusk County, Wisconsin, spilling ~126,000 gallons of crude. Some of the oil filled a hole more than 20 feet deep and was reported to have contaminated the local water table.

In April 2007, roughly 6,227 barrels of crude oil spilled into a field downstream of an Enbridge pumping station near Glenavon, Saskatchewan. Long-term site remediation is being attempted to bring the site to "as close as possible to its original condition".

In 2009, Enbridge Energy Partners, a US affiliate of Enbridge Inc., agreed to pay $1.1 million to settle a lawsuit brought against the company by the state of Wisconsin for 545 environmental violations. In a news release from Wisconsin's Department of Justice, Attorney General J.B. Van Hollen said "...the incidents of violation were numerous and widespread, and resulted in impacts to the streams and wetlands throughout the various watersheds." The violations were incurred while building portions of the company's Southern Access pipeline, a ~$2.1 billion project to transport crude from the oil sands region in Alberta to Chicago.

In January 2009 an Enbridge pipeline leaked about 4,000 barrels of oil southeast of Fort McMurray at the company's Cheecham Terminal tank farm. It was reported in the Edmonton Journal that most of the spilled oil was contained within berms, but that about 1% of the oil, about 40 barrels, sprayed into the air and coated nearby snow and trees.

Environmental initiatives

Enbridge recently participated in Pollution Probe's 'Clean Air Commute', where the company competed for the 'Utility Challenge Cup'.

Enbridge is producing the first multi-megawatt hybrid product, which generates ultra-clean electricity while saving energy, which is normally lost during natural gas pipeline operations. The hybrid fuel cell power plants that are involved generate electricity that is delivered to wholesale grids like large wind farms.

Corporate governance

Current members of the board of directors of Enbridge are: David Arledge, James Blanchard, J. Lorne Braithwaite, Patrick Daniel, E. Susan Evans, William Fatt, Louis Hyndman, Robert Martin, George Petty, Charles Shultz, and Donald J. Taylor.

The President & CEO of Enbridge is Patrick Daniel.

References

^ "Company Profile for Enbridge Inc (ENB)". http://zenobank.com/index.php?symbol=ENB&page=quotesearch. Retrieved 2008-10-08. 

^ "Calgary Herald, "Alberta's top 40 places to work, October 18, 2008". http://www.canada.com/calgaryherald/story.html?id=02b19397-2fdf-4039-ba29-b93eaf908adb. 

^ "Edmonton Journal, "Alberta's best focus on attracting, keeping staff", October 31, 2008". http://www.canada.com/edmontonjournal/story.html?id=5bc8514a-b0eb-4538-bab4-a63f11f51a16. 

^ "Reasons for Selection, 2009 Alberta's Top Employers competition". http://www.eluta.ca/top-employer-enbridge. 

^ National Transportation Safety Board Report Pipeline Accident Report

^ Enbridge Inc. 2008 Corporate Social Responsibility Report

^ Enbridge Spills and Releases

^ Milwaukee Journal Sentinel: "Oil group cleans spill in Clark County"

^ Milwaukee Journal Sentinel: "Oil spill tainted water table"

^ Enbridge Spills and Releases

^ The Canadian Press: Enbridge Energy agrees to pay $1.1 million for Wisconsin environmental violations

^ Enbridge Energy Settles Lawsuit Over Environmental Violations for $1.1 Million

^ "Enbridge still mopping up Anzac spill"

^ CNW Group

^ Greenjobs

External links

Official site

Companies portal

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S&P/TSX 60 companies of Canada (January 8, 2010)

Agnico-Eagle Mines Limited  Agrium  ARC Energy Trust  Bank of Montreal  Bank of Nova Scotia  Barrick Gold  BCE  Biovail  Bombardier  Brookfield Asset Management  Cameco  Canadian Imperial Bank of Commerce  Canadian National  Canadian Natural Resources  Canadian Oil Sands Trust  Canadian Pacific Railway Ltd.  Canadian Tire  Cenovus Energy  Eldorado Gold  Enbridge  EnCana  Enerplus Resources Fund  First Quantum Minerals  Fortis Inc.  Gildan Activewear  Goldcorp  Husky Energy  IAMGOLD  Imperial Oil  Inmet Mining  Kinross Gold  Loblaw Companies  Magna International  Manulife Financial  Metro Inc.  National Bank of Canada  Nexen  Penn West Energy Trust  Potash Corporation of Saskatchewan  Power Corporation of Canada  Research In Motion  Rogers Communications  Royal Bank of Canada  Shaw Communications  Shoppers Drug Mart  SNC-Lavalin  Sun Life Financial  Suncor Energy  Saputo  Talisman Energy  Teck Resources  Telus  Thomson Reuters  Tim Hortons  Toronto-Dominion Bank  TransAlta  TransCanada Corp.  George Weston Limited  Yamana Gold  Yellow Pages Income Fund

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