Al Monaco
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Outgoing CEO says Enbridge is a ‘poster child’ for an orderly energy transition"Anyone that says they can forecast energy markets is blowing smoke," the 63-year-old chief executive of Enbridge Inc. said in an interview last week.EconomyDec 5, 2022
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Enbridge reporting higher profit, revenue in third quarterOn an adjusted basis, Enbridge says it earned 67 cents per share in its latest quarter, up from an adjusted profit of 59 cents per share in the same quarter last year.EconomyNov 4, 2022
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Enbridge buys U.S. renewable power project developer Tri Global Energy for US$270MEnbridge chief executive Al Monaco says TGE will enhance Enbridge's renewable platform and accelerate the company's North American growth strategy.EconomySep 29, 2022
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‘We want to be at the table’: Indigenous leaders call for more partnerships after Enbridge dealUnder the deal, Athabasca Indigenous Investments will hold a minority stake in seven pipeline projects from Enbridge in Alberta's northern Athabasca region.EconomySep 28, 2022
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Enbridge to settle on new Mainline tolling plan by summer: CEOEnbridge Inc. expects to settle on a new tolling plan for its Mainline pipeline system this summer, the Calgary-based company said Friday.MoneyFeb 11, 2022
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Enbridge approves $1.1 billion in new capital projects, raising quarterly dividendEnbridge also said it plans to buy back up to $1.5 billion worth of its shares.EconomyDec 7, 2021
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Global energy crisis the result of ‘underinvestment’: Enbridge CEO"This energy crisis we're in right now is entirely about underinvestment in all forms of energy, which is creating havoc with consumers, industrial competitiveness and inflation."MoneyNov 5, 2021
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Line 3 pipeline to be in service by end of year, despite legal challenges: EnbridgeThe Calgary-based company says it earned $1.39 billion or 69 cents per share in the three months ended June 30, compared with $1.65 billion or 82 cents per share a year earlier.CanadaJul 30, 2021
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Enbridge CEO warns of Line 5 shut down: ‘bad things’ will happen"You just can't take 540,000 barrels per day out of the market and not have bad things happen, ultimately, to consumers and pet-chems (petrochemical plants) and refineries."CanadaMay 7, 2021
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Enbridge and TC Energy CEOs focus on cutting operating emissions from pipelinesThe CEO of Enbridge says regulatory and political obstacles to building pipelines are expected to continue, which should make ``pipe in the ground'' more valuable for investors.EconomyApr 7, 2021
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