Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan Inc. (KMI) on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.
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Kinder Wraps $38B El Paso Deal; ‘Bullish’ on Gas Future
Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.
May 25, 2012
Kinder Morgan Completes $38B El Paso Mega-Acquisition
Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.
May 25, 2012
Senators to CFTC, SEC: Define ‘Swap,’ Put Regs In Effect
A group of five senators last Tuesday called on the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to define swaps, security-based swaps and other key terms so that limits on market speculation can be put into effect.
May 21, 2012
Senators Urge CFTC, SEC to Define ‘Swap,’ Put Regs Into Effect
A group of five senators has called on the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to define swaps, security-based swaps and other key terms so that limits on market speculation can be put into effect.
May 18, 2012
Ex-BLM Director Calls Federal Fracking Rules ‘Senseless’
A former director of the Interior Department’s Bureau of Land Management (BLM) under the last President Bush called the agency’s efforts to regulate hydraulic fracturing (fracking) of oil and natural gas production on public lands “senseless.”
May 3, 2012
Talisman Takes Another Swipe at Shale Gas
Talisman Energy Inc. is slashing dry gas spending again in response to chronically low prices, but the company continues to ramp up production from the liquids-rich shale plays in its portfolio.
May 2, 2012
U.S. LNG Import Terminals Mostly Idle, Consultant Finds
In what can only be called a sign of the times for North American imports of liquefied natural gas (LNG), consultancy Pan EurAsian Enterprises Inc. said Monday it is no longer going to bother tracking daily sendout from nearly a dozen terminals. “There is a lot else going on in the world of global LNG that should be getting more of our attention,” the firm told clients in a note.
May 1, 2012
Doctors, Researchers Differ on Fracking in New Brunswick
A Canadian family doctors’ association has called for the government of New Brunswick to enact a moratorium on hydraulic fracturing (fracking), while researchers with the University of New Brunswick (UNB) are urging Fredericton to proceed with caution.
April 30, 2012
APGA Asks Congress to Reform NGA for Pipe Over-Recoveries
A group of municipal gas utilities has called on Congress to pass legislation to reform Section 5 of the Natural Gas Act (NGA) so that shippers can receive retroactive refunds for over-collections of rates by interstate natural gas pipelines. The request was accompanied by a recent study estimating that pipelines over-recovered more than $4 billion from their customers over a five-year period.
April 23, 2012
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