ENB - Enbridge Doubles Down On Gray Oak Pipeline Expansion In Texas: Report | Benzinga
Enbridge Inc. (NYSE:ENB) reportedly plans to expand Gray Oak oil pipeline capacity by 80,000 barrels per day (bpd) in 2024 and expects to add another 40,000 bpd in 2025.
The company had initially planned to add 200,000 bpd to the Texas pipeline but revised the target downward to 100,000 bpd-200,000 bpd in February, as per Reuters.
The Gray Oak pipeline runs on the Gulf ...