03:09:31 EST Sat 07 Feb 2026
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Enbridge Inc
Symbol ENB
Shares Issued 2,180,517,090
Close 2025-09-29 C$ 69.23
Market Cap C$ 150,957,198,141
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Globe says TC Energy hears Shell CEO upbeat on LNG

2025-09-29 06:25 ET - In the News

See In the News (C-TRP) TC Energy Corp

The Globe and Mail reports in its Saturday edition that the global head of Shell says it is too early to say whether the company will pursue phase 2 of LNG Canada, but he is heartened by what he is seeing from Ottawa and its new Major Projects Office. The Globe's Emma Graney writes that the second phase of LNG Canada, an export terminal in Kitimat, B.C., is on the list of five projects that Prime Minister Mark Carney has said will be reviewed for fast-track approval under Ottawa's Building Canada Act. Between the world's hunger for liquefied natural gas to displace coal and Shell customers seeking diversified energy supplies, chief executive officer Wael Sawan says Canada is in a strong position to take advantage of the global LNG market. The fate of phase 2 will hinge on three things, he said: the competitiveness of the technical bid, the state of the LNG market and the broader political climate. And it is that last point where Canada needs to focus its energies to ensure it can reach its full potential, Mr. Sawan said. A "balanced, pragmatic energy policy" that accounts for energy affordability and security is key, he said. TC Energy is the operator of the Coastal GasLink pipeline that feeds LNG Canada.

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