financetom
Business
financetom
/
Business
/
US Army Corps targeting fall decision for Enbridge Line 5 tunnel
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Army Corps targeting fall decision for Enbridge Line 5 tunnel
May 26, 2025 12:43 AM

CALGARY, May 2 (Reuters) - The U.S. Army Corps of

Engineers said on Friday it expects to make a decision this fall

whether to grant a permit to Enbridge's ( ENB ) proposed Great

Lakes tunnel for its Line 5 oil pipeline project.

The Army Corps, a federal engineering service, released an

updated permitting timeline for the project that includes a

30-day public comment period from May 30 to June 3, followed by

the decision in the fall.

The Army Corps has permitting authority over U.S. projects

involving wetlands and waterways.

Last month, Enbridge's ( ENB ) Line 5 project received emergency

designation after President Donald Trump declared a national

energy emergency in a January executive order, giving the Army

Corps the ability to fast-track its review of the project.

An Enbridge ( ENB ) spokesperson said in an email on Friday the

company is encouraged by the updated schedule.

"Enbridge ( ENB ) submitted project permit applications for the

Great Lakes Tunnel project to state and federal regulators in

April 2020 - more than five years ago," the spokesperson said.

The project would build a roughly 4-mile (6-km) tunnel for

the 645-mile Line 5 that crosses through the Straits of Mackinac

in the Great Lakes. The pipeline carries more than 20 million

gallons of oil and natural gas liquids daily from Superior,

Wisconsin, to Sarnia, Ontario.

Michigan regulators had approved Enbridge's ( ENB ) application to

build the $750-million tunnel under the Great Lakes to house its

aging Line 5 oil pipeline in 2023, but the project still awaits

Army Corps permitting.

Native American tribes and environmental groups who oppose

the project because of the potential risk to the Great Lakes

have refuted the idea that the tunnel is needed and that a

national energy emergency exists.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved