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TSX · NGL gathering, processing, fractionation · 20 desk pieces in archive
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Western LNG said September 14 Santos agreed key terms for 1 million tonnes a year of Ksi Lisims LNG for up to 20 years, FOB. Ottawa posted it September 15 as a third international offtake this year. Santos called the HOA non-binding. Supply is aimed around 2031.
September 15 is the dividend record date for Keyera ($0.5625), Tourmaline (C$0.50), Vermilion ($0.135), and Ovintiv (US$0.30). Enbridge said yesterday Line 5 returned to service over the weekend. Keyera has not restated the $30 million Line 5 marketing estimate.
In a September 14 update posted at 11:03 a.m. Central Time, Enbridge said teams safely returned Line 5 to service over the weekend using a temporary bypass around the damaged section near Saxon, Wisconsin. Site remediation continues. The Wisconsin DNR's September 9 halt request is still outstanding.
Enbridge's last Line 5 note remains the September 12 update at 4:51 p.m. Central. The bypass passed its overnight pressure test and return to service is underway under a PHMSA plan. There is no Sunday or Monday company update. The company has not said the line is flowing.
September 15 is the dividend record date for Keyera ($0.5625), Tourmaline (C$0.50), Vermilion ($0.135), and Ovintiv (US$0.30). Keyera's $30 million Line 5 marketing estimate is still open. Enbridge's last note, Saturday at 4:51 p.m. Central, did not confirm flow.
In a September 12 update posted at 4:51 p.m. Central Time, Enbridge said crews successfully pressure-tested the temporary bypass overnight and are working through the regulated process of finalizing Line 5's return to service under a PHMSA-approved plan. The company did not say the line is flowing.
In a September 11 evening update Enbridge said mechanical construction of the Line 5 temporary bypass is finished and that a pressure test ran that day before line fill under a PHMSA-approved plan. The company still targeted return to service September 12. As of Saturday morning there is no confirmation the line is flowing.
On September 9 DNR Secretary Karen Hyun asked Enbridge to stop temporary bypass work near Saxon, citing missing wetland and waterway approvals. Enbridge said Friday it is still working the spill site and the bypass in parallel toward a September 12 return to service.
Enbridge's September 12 restart target is the next print that matters. Keyera has $30 million of 2026 Marketing margin riding on it. WTI is still in the mid-$80s and AECO is still cheap while Kitimat runs.
In a September 10 update Enbridge said parallel work continues on site remediation and the temporary bypass near Saxon, Wisconsin. Water and air monitoring show no impacts. Line 5 remains shut with a September 12 return-to-service goal.
Keyera revised September 3 its 2026 Marketing margin guidance to $320 million to $350 million, citing Line 5 and AEF. Enbridge's September 10 update kept a September 12 restart target. Keyera's dividend record date is Monday September 15.
In a September 9 update Enbridge said crews made good progress at the Wisconsin NGL release site and remain on track to restore Line 5 service by September 12. Surface water and a nearby residential well showed no impacts. Line 5 has been shut since August 25.
Keyera declared August 5 a quarterly dividend of $0.5625 per share payable September 29 to record holders September 15. Its September 3 marketing guidance cut cited a $30 million Line 5 hit with Enbridge still targeting September 12 restart.
In a September 8 incident update Enbridge said surface water and a nearby residential well showed no impacts from the August 25 NGL release. Crews continue 24/7 bypass work. Line 5 remains shut with a September 12 restart goal.
Keyera revised September 3 its 2026 Marketing margin guidance to $320 million to $350 million, citing Line 5 and AEF. With Enbridge still targeting September 12 restart, the $30 million Line 5 estimate remains live past the missed September 8 window.
In a September 7 update Enbridge said 24/7 bypass work continues around the Wisconsin NGL release site. Line 5 remains shut after the August 25 truck strike. The September 6-8 return window closed with no restart. Service is now targeted for September 12.
In a September 6 update Enbridge said crews began work on a temporary bypass around the Wisconsin NGL release site. Line 5 remains shut. Based on bypass construction timing, Enbridge anticipates return to service September 12.
Line 5 remains shut after the August 25 Wisconsin NGL release. Enbridge's September 3 update targeted return between September 6 and 8. September 4 media reports said the company now hopes to restore service Tuesday September 8 after missing the prior Saturday target.
On September 3 Keyera lowered 2026 Marketing segment realized margin guidance to $320 million to $350 million from $360 million to $390 million. Line 5 has been down since August 25 and AEF is running above 70 percent of capacity through April 2027.
In a September 3 update Enbridge said restoration plans target safe return to service between September 6 and 8. Surface water and a nearby residential well showed no impacts from the August 25 NGL release. Line 5 remains shut.