# Enbridge Signals Interest in CO2 Pipeline for Alberta's Pathways Carbon Capture Project

> Enbridge says it is interested in building a CO2 transportation pipeline for Alberta's Pathways carbon capture project.

- Published: 2026-11-06T19:20:08+00:00
- Section: Partnerships
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/enbridge-pathways-co2-pipeline-interest
- Source: [TradingView](https://www.tradingview.com/news/seekingalpha:a06b5ac00094b:0-enbridge-may-be-interested-in-building-pipeline-for-canada-s-pathways-carbon-capture-project/)

## Key takeaways

- Enbridge Executive VP Colin Gruending said the company is interested in the carbon pipeline opportunity with the right risk package.
- The Pathways consortium is targeting late 2027 for a final investment decision on the multibillion-dollar project.
- Prime Minister Carney has said building Pathways is a condition of federal support for a new 1M bbl/day crude export pipeline to the Pacific Coast.

Enbridge Inc. said on November 6, 2026 that it is interested in building a CO2 transportation pipeline that forms part of the proposed Pathways carbon capture and storage project in Alberta. [TradingView](https://www.tradingview.com/news/seekingalpha:a06b5ac00094b:0-enbridge-may-be-interested-in-building-pipeline-for-canada-s-pathways-carbon-capture-project/) carried the company's statement from its earnings conference call.

## Enbridge's Interest in the Pathways CO2 Line

[Enbridge Inc.](https://akta.pro/company-profiles/00x5g1h/enbridge-inc) described the interest on its quarterly earnings call. "On the carbon pipe opportunity, yes, we are interested in that, with the right risk package," Executive VP Colin Gruending said, adding that the company already runs a significant regional pipeline system in the oil sands region.

The Pathways project is a multibillion-dollar effort to cut greenhouse gas emissions from Canadian oil sands production. Prime Minister Carney has said its construction is a condition of federal support for a new 1M bbl/day crude oil export pipeline to the Pacific Coast. The consortium of Canada's top oil sands producers behind Pathways has said it is targeting late 2027 for a final investment decision.

Enbridge also reported third-quarter profit that nearly doubled to C$1.29 billion, or C$0.59 per share, from C$682 million, or C$0.30 per share, a year earlier. Adjusted earnings rose to C$0.49 per share from C$0.46 per share. The company said much of the increase came from non-cash, unrealized gains in the fair value of derivative instruments used to hedge foreign exchange, interest rates and commodity prices.

Adjusted core profit from Enbridge's liquids pipelines business fell 4.4%, hurt by low volume on its Mainline and underutilized contracts at pipelines serving the U.S. Gulf Coast. Enbridge reiterated guidance for full-year 2026 adjusted EBITDA of C$20.2 billion to C$20.8 billion, with distributable cash flow expected at C$5.70 to C$6.10 per share.

## Enbridge's Pipeline Expansion Record

According to akta.pro [company records](https://akta.pro/company-data), the Canadian government approved the C$4 billion Sunrise Expansion Program on Enbridge's Westcoast pipeline in British Columbia in April 2026, adding about 300 MMcf/d of capacity, with construction beginning July 2026 and targeted in-service in late 2028. The same records show Enbridge, WhiteWater, MPLX LP and Targa Resources Corp. reached a final investment decision in April 2025 to build the 160-mile Traverse Pipeline along the Gulf Coast between Agua Dulce and the Katy area, with expected operation in 2027.

## Enbridge's Recent Deal and Legal Steps

Enbridge's pre-recorded M&A call on September 10, 2026 discussed the acquisition of the Tallgrass Crude Oil Transportation System and the Salt Creek Crude Gathering System, announced earlier that afternoon, Seeking Alpha reported. On August 1, 2026, the Michigan Supreme Court voted 6-1 to reject a permit for Enbridge's oil pipeline running beneath the Great Lakes, Ground News reported.

## Pathways Decision Targeted for Late 2027

The Pathways consortium has said it is targeting late 2027 for a final investment decision on the project.

## Companies in this story

- [Enbridge Inc. company profile](https://akta.pro/company-profiles/00x5g1h/enbridge-inc) · website: http://www.enbridge.com

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