Category: Pipelines

Steffy: Pipeline operators travel different routes for growth

Houston is home to the country’s two biggest pipeline operators, Kinder Morgan Energy Partners and Enterprise Products Partners, and the two companies have embraced divergent strategies in delivering returns for investors.  More »

Land battles rise as U.S. eyes 450,000 miles of new pipe

When a power company tried to run cables over land owned by Larry Salois’s mother near Cut Bank, Montana, the native American fought the $400 million project.  More »

Enterprise reports drop in quarterly profits but record year

Enterprise Products Partners reported a drop in net income for the fourth quarter, but a record-setting year for 2012.  More »

Kinder deal gives Copano investors long-awaited payout

The acquisition price tag is a 23.5 percent premium to Copano’s closing price Tuesday. Copano shares jumped $4.96, or almost 15 percent, to $38.09 in late morning.  More »

Kinder deal gives Copano investors long-awaited payout

Copano was once among the fastest-growing pipeline partnerships in the U.S., but distribution growth has slowed in the past four years.  More »

Advocates: CPUC must rehear San Bruno decision

Consumer advocates and city officials are asking California regulators to reconsider a decision to approve a $299 million Pacific Gas & Electric Co. rate increase to help pay for pipeline inspections and upgrade costs following a 2010 fatal pipeline explosion.  More »

Kinder makes shale grab with $4 billion deal

Kinder Morgan Energy Partners has advanced its position in the North American shale race adding another 6,900 miles of pipelines and nine processing plants to its empire.  More »

Contractor to Chesapeake: pay up

In western New York State, where Chesapeake has been using hydraulic fracturing to unleash new natural gas reserves from the Marcellus Shale formation, contractors have had a harder time getting paid as Chesapeake’s financial problems mounted, said Charlie Joyce, who sued the company last year for unpaid bills.  More »

Deal reached in Texas court over Keystone XL protests

An agreement reached in an East Texas court between TransCanada and various groups protesting the Keystone XL Pipeline could signal a retreat on the part of demonstrators.  More »

Seaway Pipeline capacity cut by ‘unforeseen constraints’

Enterprise Products Partners LP told shippers today that capacity was limited on its expanded Seaway Pipeline due to “unforeseen constraints in outbound takeaway” at the Jones Creek terminal.  More »

53 senators push Obama to approve Keystone XL

A bipartisan group of 53 senators on Wednesday urged President Barack Obama to approve the controversial Keystone XL pipeline, over the objections of environmental activists who have made it a signature issue.  More »

TransCanada moving downtown office

TransCanada Corp. has run out of room at its current digs at 717 Texas and is moving a couple of blocks away, where it’s found more space.  More »