Tag: kinder morgan

Oil fortunes fall, rise amid dropping markets

The personal fortunes of the oil industry’s wealthiest weathered the massive fluctuations in global markets Wednesday better than most  More »

Kinder Morgan partnership reports rise in profit, distributable cash

The nation’s largest pipeline company Kinder Morgan Energy Partners reported higher profits in the third quarter, as gas and natural gas liquids continued to flow in increasing amounts from shale plays across the country.  More »

Kinder Morgan picks Pemex subsidiary for Tennessee-to-Texas pipeline project

Kinder Morgan has closed a solicitation period for shipping contracts along its South System Flexibility Project with a commitment from the natural gas arm of Petróleos Mexicanos.  More »

Kinder Morgan to expand Houston docks and storage

Kinder Morgan plans a quarter-billion-dollar expansion of its Houston Ship Channel storage and shipping complex.  More »

Houston startup raises $700M to tap aging Permian fields

The months-old company wants to pump money into the Permian Basin’s aging wells that could prosper again with carbon dioxide injections.  More »

Kinder Morgan facing investor lawsuit over consolidation plan

Kinder, a Houston billionaire, is consolidating his pipeline empire as the U.S. shale drilling boom opens up $1.5 trillion in potential purchases and expansion projects.  More »

Kinder, Duncan family move up on Forbes list of richest energy tycoons

Thanks to Texas’ energy boom, several Houston residents rose on Forbes’ annual list of the richest people in the United States.  More »

Kinder Morgan looks to Maine to fill proposed pipeline capacity

With New England staring down another winter, Kinder Morgan and other companies have been seeking opportunities to fill the region’s growing energy needs.  More »

Enterprise and Kinder Morgan to gauge demand for new pipelines

Enterprise Product Partners and Kinder Morgan Energy Partners are evaluating demand for two proposed two new pipelines serving the Utica region in Ohio and the Williston Basin region of North Dakota.  More »

Moody’s forecasts post-restructuring Kinder Morgan debt rating

Kinder Morgan’s restructuring after a $44 billion buyout of its family companies will leave the new company just above an investment-grade debt rating, analysts Moody’s Investors Service said in a Monday report.  More »

Gulf Coast to benefit from refinery retrofits

Refiners are scrambling for ways to process newly abundant light crude from U.S. shale, and much of their construction and retrofitting investment will be on the Gulf Coast.  More »

Kinder: Time to move on from MLP that built empire

Kinder Morgan shares surged Monday as the firm’s co-founder, Richard Kinder, explained on a conference call his reasoning behind the deal.  More »
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