Friday, August 22, 2025

Kinder Morgan Terminals Signs $900 Million, 10-Year Agreement with Nucor Corporation

Kinder Morgan, Inc. (NYSE: KMI) today announced it has entered into a new, 10-year agreement with Nucor Corporation to provide in-plant services for five of Nucor’s facilities at Decatur, Alabama; Hertford, North Carolina; Berkeley, South Carolina; and two facilities at Blytheville, Arkansas. The five facilities produce approximately 13.4 million tons of steel products annually. KMI will be handling approximately 14.8

Shell Goes After $2 Billion from Aramco in Motiva JV Breakup

From Reuters Royal Dutch Shell has asked Saudi Aramco for up to $2 billion as part of the breakup of their giant Motiva Enterprises refining joint venture in the United States, the latest stumbling point in a partnership fraught with tension. The payment would be compensation for the Saudi company retaining a larger share of the nearly two decade-old JV.