Post Tagged with: "kinder morgan"

Trudeau Cuts Peru Trip Short to Get Trans Mountain Done

Trudeau Cuts Peru Trip Short to Get Trans Mountain Done

B.C.’s Horgan is steadfast in goal to keep pipe project out of his province; Trudeau seeks federal jurisdiction over line

From Bloomberg

“We are going to get the pipeline built. It is a project in the national interest,” Prime Minister …

April 16, 2018 - 2:21 pm Closing Bell Story‎, Energy News, Midstream
Notley says Alberta is Prepared to Buy Trans Mountain Pipeline from Kinder Morgan

Notley says Alberta is Prepared to Buy Trans Mountain Pipeline from Kinder Morgan

From The Globe and Mail

CALGARY, VICTORIA AND OTTAWA

Alberta Premier Rachel Notley is looking at an outright government purchase of the Trans Mountain pipeline to ensure its planned expansion is completed to ship more oil to Asia-Pacific markets.

In …

April 11, 2018 - 3:04 pm Canada, Closing Bell Story‎, Energy News, Midstream, MLP News
ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

Oil and gas investment in politically risky British Columbia

Just a few days before Kinder Morgan Canada said it would halt investment and construction on the Trans Mountain pipeline expansion due to political risk in British Columbia, ConocoPhillips (ticker: COP) …

Utica Shale Adds Ethane Takeaway: Kinder Morgan Opens Valve on Utopia Pipeline System

Utica Shale Adds Ethane Takeaway: Kinder Morgan Opens Valve on Utopia Pipeline System

Houston-based Kinder Morgan, Inc. (ticker: KMI) put its Utopia Pipeline into service, initiating delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada.

The 270-mile Utopia system has an initial capacity of 50,000 barrels per day (bpd) that can …

January 23, 2018 - 5:57 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
$1.7 Billion Gulf Coast Express Pipeline Gets FID, Apache Makes Agreement for Incremental Takeaway

$1.7 Billion Gulf Coast Express Pipeline Gets FID, Apache Makes Agreement for Incremental Takeaway

Earlier today Kinder Morgan Texas Pipeline LLC (KMTP), DCP Midstream, LP (Ticker: DCP) and an affiliate of Targa Resources Corporation (Ticker: TRGP) announced a final investment decision (FID) to proceed with the Gulf Coast Express Pipeline Project (GCX Project).

The …

With Strengthened Balance Sheet, Kinder Morgan Gives FID to Trans Mountain Expansion

With Strengthened Balance Sheet, Kinder Morgan Gives FID to Trans Mountain Expansion

KMI’s successful Canadian IPO provides cash to pay down debt, clearing path for Trans Mountain FID

“Upon the completion of the IPO, we will have secured satisfactory financing for the Trans Mountain Expansion Project,” Kinder Morgan CEO Steve Kean said …

Kinder Morgan Canadian IPO Grosses CAD $1.75 Billion

Kinder Morgan Canadian IPO Grosses CAD $1.75 Billion

Kinder Morgan Canada Limited (ticker: KML) and Kinder Morgan, Inc. (ticker: KMI) completed an IPO of 102,942,000 restricted voting shares of KML at a price to the public of $17.00 per share for total gross proceeds of approximately C$1.75 billion.…

Kinder Morgan Launches Open Season on Gulf Coast Express NatGas Pipe from Permian to Gulf Coast

Kinder Morgan Launches Open Season on Gulf Coast Express NatGas Pipe from Permian to Gulf Coast

Pipeline will provide route to export Permian’s gas to Mexico and ship as LNG

Kinder Morgan, Inc. (ticker: KMI) has announced the start of a non-binding open season for firm natural gas transportation service on its proposed Gulf Coast Express …

Trudeau Gives Thumbs Up to Two Pipelines, Nixes Another

Trudeau Gives Thumbs Up to Two Pipelines, Nixes Another

Canada added to the onslaught of energy news this week by approving and disapproving oil pipelines. Yesterday’s announcement of two approved pipes will make it possible for Canada to move about 1 MMBOPD to global markets from Alberta’s oilsands.

The …

Energy Upside: Kinder Morgan’s Trans Mountain Pipeline Expansion Wins Energy Board Nod

Energy Upside: Kinder Morgan’s Trans Mountain Pipeline Expansion Wins Energy Board Nod

Project Wins National Energy Board’s Approval Recommendation, Government’s Final Decision Set for December

Canada’s National Energy Board (NEB) has concluded that Kinder Morgan’s (ticker: KMI) Trans Mountain Expansion Project is in the public interest and recommended the Federal Governor in …

Trans-Alaska oil pipeline

45% of U.S. Crude Oil Imports Come from Canada

The U.S. imports almost three times as much crude from Canada than it does from the Persian Gulf

Even without the 800 MBOPD capacity of TransCanada’s Keystone XL pipeline, crude oil imports from Canada make up 45% of crude shipped …

Kinder Morgan Acquires Interests in 15 BP plc Terminals for $350 Million

Kinder Morgan Acquires Interests in 15 BP plc Terminals for $350 Million

Kinder Morgan (ticker: KMI), the largest energy infrastructure company in North America, is adding to its footprint.

On October 20, 2015, KMI announced a joint venture agreement with a subsidiary of BP plc (ticker: BP) for 15 terminals at a …

New England Power Consumers: Winter is Coming

New England Power Consumers: Winter is Coming

Residents of the northeast United States are likely to dismiss any notion of the upcoming winter season (it was 90 degrees in Boston today), but the chilly months that accompany football season are indeed approaching.

Winter for New Englanders also …

September 9, 2015 - 5:22 pm Midstream, Oil and Gas 360 Articles, Regulatory
Colorado Gov. Hickenlooper Pushes for Approval on 6 Million Ton per Annum Jordan Cove LNG

Colorado Gov. Hickenlooper Pushes for Approval on 6 Million Ton per Annum Jordan Cove LNG

The Jordan Cove project would directly link Colorado to new energy markets – Hickenlooper

Colorado Governor John Hickenlooper has written to U.S. Department of Energy Secretary Ernest Moniz and Federal Energy Regulatory Commission (FERC) chair Cheryl LaFleur in support of …

July 27, 2015 - 6:30 pm LNG, Oil and Gas 360 Articles
Kinder Morgan Purchases 100% of Elba LNG, Raises Distribution 14%

Kinder Morgan Purchases 100% of Elba LNG, Raises Distribution 14%

KMI buys remaining 49% of joint venture with Shell

Kinder Morgan (ticker: KMI) announced today that it has reached an agreement with Royal Dutch Shell (ticker: RDSA) to purchase the remaining equity interest in Elba Liquefaction Company (ELC), a liquefied …

July 16, 2015 - 7:03 pm LNG, Oil and Gas 360 Articles
Kinder Morgan Increases Storage Capacity by More than 2.2 Million Barrels

Kinder Morgan Increases Storage Capacity by More than 2.2 Million Barrels

Kinder Morgan purchased three terminals for $158 million, further solidifying its position as the largest energy infrastructure company in North America

Last week, Kinder Morgan (ticker: KMI) announced that it will purchase three storage terminals and one undeveloped site from …

February 16, 2015 - 3:36 pm Oil and Gas 360 Articles
Kinder Morgan Lands Bakken Position with $3 Billion Purchase

Kinder Morgan Lands Bakken Position with $3 Billion Purchase

Richard Kinder to Step Down from CEO Position

Kinder Morgan (ticker: KMI) may have the longest gas pipeline network in North America, but the continent’s third largest energy company (based on enterprise value), surprisingly, did not have a stake in …

January 22, 2015 - 6:20 pm Earnings, Midstream, MLPs, Oil and Gas 360 Articles