Commodities & Energy

Reuters reveals Enbridge eases oil volume terms for Mainline pipeline in response to small producers' fears

Reuters reveals Enbridge eases oil volume terms for Mainline pipeline in response to small producers' fears

Reuters was first to report that Enbridge Inc has lowered oil-shipping requirements on its Mainline pipeline, North America’s largest oil-shipping network, by nearly two-thirds, in a move likely to satisfy smaller producers who feared they would be elbowed out by the company‚Äôs initial requirements. The change by Enbridge followed a rare move by the government of Alberta, which earlier this year ordered oil production cuts to boost prices.