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pipelines

(Daniel Acker/Bloomberg)

On Plains All American call, a focus on other companies

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Midstream contracts are usually the last things production companies will let go. But with oil near $30 per barrel, most oil and gas transporters have several producers on the ropes who have or are considering letting those promises lapse.
Genesis Energy operates this crude oil pipeline in Texas City. (J. Patric Schneider/For the Chronicle)

Energy Transfer shares fall after CFO swap

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The Dallas-based pipeline company said Thomas Long would succeed Jamie Welch as CFO.
(AP Photo/Log Cabin Democrat, Courtney Spradlin)

Arkansas water utility pushes for Exxon Mobil fines, rules

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In a letter to the Pipeline and Hazardous Materials Safety Administration on Monday, Central Arkansas Water said Exxon Mobil doesn’t understand the weight of the situation.
A sign hangs from a fence at a Kinder Morgan facility at the harbor in Los Angeles, California, August 28, 2006.  (Tim Rue/Bloomberg)

Kinder Morgan to partner with private equity on $3 billion in investment

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The deals would carve off parts of the planned $2 billion Elba Island liquefied natural gas facility and the $1.1 billion Palmetto refined products pipeline.
(Scott Dalton/Bloomberg)

Canada’s pipeline regulators can’t keep up with companies, audit finds

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The National Energy Board has come under fire recently as it grapples with about $18 billion in new proposed, controversial pipelines carrying oil sands crude.
Richard D. Kinder Chairman of the Board and CEO of Kinder Morgan, Inc. during the luncheon keynote IHS Energy CERAWeek Wednesday April 22, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

Kinder Morgan rebounds on dividend-cut news

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The new Kinder Morgan is a safer, more financially conservative company than it was last week.
Kinder Morgan Inc. signage is displayed at the company's facility in Richmond, California, U.S., on Friday, Nov. 21, 2014. (David Paul Morris/Bloomberg)

Kinder Morgan cuts dividend 75 percent

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The steady dividend has been Kinder Morgan’s hallmark since it went public in February 2011.
A sign hangs from a fence at a Kinder Morgan facility at the harbor in Los Angeles, California, August 28, 2006.  (Tim Rue/Bloomberg)

Kinder Morgan says it will fight for investment grade

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The announcement comes after Moody’s Investors Service cut the Houston-based pipeline giant’s credit outlook from stable to negative on Tuesday.
The Petrochina Co. logo is displayed at one of the company's gas stations in Hong Kong, China, on Thursday, March 19, 2015. Petrochina, the listed arm of China's biggest oil and gas producer China National Petroleum Corp. (CNPC), is scheduled to report full-year earnings on March 25. Photographer: Billy H.C. Kwok/Bloomberg

PetroChina in $2.4 billion asset sale as parent target nears

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Beijing-based PetroChina’s board approved a plan to sell a 50 percent stake in Trans-Asia Gas Pipeline Co. to a unit of state-owned China Reform Holdings Corp.
(Daniel Acker/Bloomberg)

Noble shelves midstream IPO amid equity slump

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The postponement is a surprising reversal from last week, when the Houston-based producers said it hoped to raise at least $237.5 million.