Canada's Enbridge expects future spending on growth projects to be more heavily weighted to natural gas and renewables than oil, as it works to meet its carbon reduction goals, CEO Al Monaco said April 7. While the North American midstream operator is betting on fossil fuels, including crude, being an integral part of the global fuel mix for decades to come, it is mindful of the challenge in building new cross-border oil pipelines due to regulatory hurdles and fierce opposition from environmental groups. It also believes it can leverage growth from certain existing infrastructure with a less intensive amount of new ... (full story)