The oil and gas industry in Canada, as in other regions, is generally divided into three main segments: upstream, midstream, and downstream. Upstream companies engage in theexploration and production (E&P)of crude oil and natural gas. This entails searching for oil below the ground and drilling...
Enbridge, already one of largest midstream players in the U.S. and Canada, is expanding its reach in utilities, announcing deals in early September that the company said would make it the largest natural gas utility in North America. Enbridge entered into three separate agreements to acquire ...