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'Canada’s Enbridge Said to Near Deal for Major US Oil Pipeline; Pony Express Pipeline From Blackstone's Tallgrass Energy For About $2 Billion' - Bloomberg News
https://www.bloomberg.com/news/articles/2026-09-09/canada-s-enbridge-said-to-near-deal-for-major-us-oil-pipeline
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ENB Restarts Line 5 With Temporary Bypass Following Wisconsin Incident
Enbridge Inc. (ENB) has safely restored Line 5 to service using a temporary bypass following an incident near Saxon, Wisconsin, where a subcontractor truck struck the pipeline. The critical infrastructure supplies 10 refineries and propane facilities across the Midwest. Environmental monitoring shows no impacts to wildlife or water sources, and the company continues remediation efforts while coordinating with authorities.
Enbridge shares are trading lower after the company announced a C$2.6 billion stock offering of 38.9 million shares priced at C$66.85 per share to fund its purchase of Tallgrass Energy's crude oil transportation business.