{"id":9894,"date":"2023-06-26T22:02:08","date_gmt":"2023-06-26T19:02:08","guid":{"rendered":"http:\/\/alssabiqun.com\/?p=9894"},"modified":"2023-06-26T22:02:08","modified_gmt":"2023-06-26T19:02:08","slug":"n-american-pipeline-operator-enbridge-swings-to-loss-on-1-86-bln-3","status":"publish","type":"post","link":"https:\/\/alssabiqun.com\/?p=9894","title":{"rendered":"N. American pipeline operator Enbridge swings to loss on $1.86 bln&#8230;"},"content":{"rendered":"<p class=\"mol-para-with-font\">By Arshreet Singh and Rod Nickel<\/p>\n<p class=\"mol-para-with-font\">Feb 10 (Reuters) &#8211; North American pipeline operator Enbridge Inc on Friday posted a quarterly loss from a year-ago profit as it took a non-cash C$2.5 billion ($1. If you have almost any inquiries regarding where along with how you can work with <a href=\"https:\/\/evigetir.com\/evdeneve\/montaj.html\">eVDEN EVE NAkLiyaT<\/a>, you can call us from our own web site. 86 billion) hit from higher cost of capital related to its natural gas transmission business.<\/p>\n<p class=\"mol-para-with-font\">U.S.refinery outages,  <a href=\"https:\/\/evigetir.com\/evdeneve\/evden-eve-nakliyat.html\">evDEn EVe NAkliYaT<\/a> a global glut of high sulphur fuel oil and the U.S. Strategic Petroleum Reserve releases of heavy sour barrels weakened demand for Western Canada Select crude in the fourth quarter.<\/p>\n<p class=\"mol-para-with-font\">Enbridge, a leading transporter of crude oil and natural gas,  <a href=\"https:\/\/evigetir.com\/tips.html\">EVden EVe nAKliyat<\/a> delivered 3.1 million barrels of oil per day (bpd) on its Mainline system, slightly higher than the 3 million bpd delivered a year ago.<\/p>\n<p class=\"mol-para-with-font\">The Calgary-based company lost C$1.07 billion, or  <a href=\"https:\/\/blog.ginja.me\/index.php?post\/2018\/10\/31\/Become-a-writer%2C-in-2-hours\">EvdEN EVe nAkLiyAt<\/a> 53 Canadian cents, in the fourth quarter, compared with a profit of C$1.84 billion, or 91 Canadian cents per share, in the year-ago quarter.<\/p>\n<p><a href=\"https:\/\/www.chromaluna.com\/content\/holidays\/newyear\/newyear.htm\"><img decoding=\"async\" src=\"https:\/\/evigetir.com\/evdeneve\/img\/slides\/s6.jpg\" style=\"max-width:410px;float:right;padding:10px 0px 10px 10px;border:0px;\"><\/a> <\/p>\n<p class=\"mol-para-with-font\">Gas transmission projects account for just over half of Enbridge&#8217;s C$18-billion, multi-year capital program.Chief Executive Greg Ebel told analysts that Enbridge is in good position to manage inflation because the timing of its projects is staggered.<\/p>\n<p class=\"mol-para-with-font\">On an adjusted basis, Enbridge earned 63 Canadian cents per share, missing analysts&#8217; average expectation of 73 Canadian cents, according to Refinitiv data.The company cited rising interest rates in its lower adjusted earnings.<\/p>\n<p class=\"mol-para-with-font\">Enbridge shares rose 0.5% in Toronto.<\/p>\n<p class=\"mol-para-with-font\">Enbridge is in &#8220;constructive&#8221; negotiations with oil shippers on a new basis to charge for space on its Mainline, Ebel said,  <a href=\"https:\/\/evigetir.com\/evdeneve\/filomuz.html\">EVden EVe NAkLiyaT<\/a> after the Canada Energy Regulator  <a href=\"https:\/\/camarowiki.com\/index.php?title=Woman_Who_Spent_%C2%A350k_On_House_Says_It_Was_Left_In_apos;horrendous_apos;_State\">EVdeN eVe Nakliyat<\/a> rejected in 2021 Enbridge&#8217;s plan to sell nearly all of its space under long-term contract.<\/p>\n<p class=\"mol-para-with-font\">Enbridge currently rations Mainline space monthly and faces new competition when the Trans Mountain pipeline expansion wraps up late this year.<\/p>\n<p class=\"mol-para-with-font\">The Mainline is Canada&#8217;s longest oil pipeline, moving crude from Western Canada to refineries in Eastern Canada and the U.S.Midwest. ($1 = 1.3447 Canadian dollars) (Reporting by Arshreet Singh and Rod Nickel; Editing by Devika Syamnath and Marguerita Choy)<\/p>\n<\/div>\n<p><!-- ad: website --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Arshreet Singh and Rod Nickel Feb 10 (Reuters) &#8211; North American pipeline operator Enbridge Inc on Friday posted a quarterly loss from a year-ago profit as it took a non-cash C$2.5 billion ($1. If you have almost any inquiries regarding where along with how you can work with eVDEN EVE NAkLiyaT, you can call &hellip;<\/p>\n","protected":false},"author":12203,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2738],"tags":[2848],"class_list":["post-9894","post","type-post","status-publish","format-standard","hentry","category-business-customer-service","tag-evden-eve-nakliyat"],"_links":{"self":[{"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/posts\/9894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/users\/12203"}],"replies":[{"embeddable":true,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9894"}],"version-history":[{"count":1,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/posts\/9894\/revisions"}],"predecessor-version":[{"id":9895,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=\/wp\/v2\/posts\/9894\/revisions\/9895"}],"wp:attachment":[{"href":"https:\/\/alssabiqun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alssabiqun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}