Kinder Morgan

Kinder Morgan Accelerating Plans to Tackle Permian Natural Gas Bottleneck

Kinder Morgan Inc. (KMI) management said late Wednesday it would pump $2.4 billion into growth projects this year, up $200 million from the previous forecast, as it lays the groundwork to debottleneck the juggernaut that is the Permian Basin, where oil and associated natural gas production is booming.

July 19, 2018

KML ‘Looking For a Way Forward’ on Trans Mountain Expansion

Kinder Morgan Canada Ltd. (KML) remains invested in British Columbia (BC) and Alberta, but the path forward for the company’s Trans Mountain Expansion Project is still unclear, CEO Steven Kean said Wednesday.

April 19, 2018

Trans Mountain Oilsands Export Project Draws More BC Fire

The British Columbia’s (BC) left-leaning, avowedly green government Tuesday unveiled its weapon — more official study — for blocking an expansion of Kinder Morgan Canada Ltd.’s (KML) Pacific coast export pipeline expansion for the Alberta oilsands.

February 1, 2018
Kinder Morgan Finding Strong Interest in Moving Permian Gas to Texas Gulf Coast

Kinder Morgan Finding Strong Interest in Moving Permian Gas to Texas Gulf Coast

Kinder Morgan Inc. (KMI) is in advanced talks with shippers for its Gulf Coast Express (GCX) expansion targeting associated gas from the Permian Basin, and the Houston-based midstreamer could make a final investment decision on the project during the fourth quarter, management said Wednesday.

October 19, 2017
Permian Expansions on Horizon for Kinder as Mexico, LNG Drive NatGas Growth

Permian Expansions on Horizon for Kinder as Mexico, LNG Drive NatGas Growth

Demand pull from exports to Mexico and from liquefied natural gas (LNG) terminals on the Gulf Coast has bolstered Kinder Morgan Inc.’s (KMI) outlook for its natural gas transportation business, as volumes rose during the second quarter. Expansions targeting Permian Basin output also are on the horizon.

July 20, 2017
Kinder Proposing Permian-to-Gulf Coast NatGas Pipeline

Kinder Proposing Permian-to-Gulf Coast NatGas Pipeline

Kinder Morgan Texas Pipeline LLC (KMTP) is holding a nonbinding open season through April 20 for firm service on its proposed Gulf Coast Express Pipeline, which would provide an outlet for production from the Permian Basin to markets along the Texas Gulf Coast.

March 22, 2017

KMI Signs Shippers for Remaining 22,000 b/d on Trans Mountain Expansion

Kinder Morgan Inc. (KMI) has completed a supplemental open season for the remaining 22,000 b/d of capacity available on its planned Trans Mountain crude pipeline expansion in Canada, the company said Wednesday.

March 22, 2017

Kinder Morgan Seeds Ohio Crop Study to Improve NatGas Pipeline Development

The Ohio State University (OSU) will begin a first-of-its-kind study this fall to determine how natural gas pipeline installation affects the productivity of agricultural land in a project that could help improve development as more infrastructure is built to serve basins across the country.

October 12, 2016
Kinder Morgan Takes Partner in Ohio Ethane Pipeline Project

Kinder Morgan Takes Partner in Ohio Ethane Pipeline Project

Kinder Morgan Inc. (KMI) is selling a 50% stake in its Utopia Pipeline Project, which when complete will be a conduit for ethane from Ohio to the Sarnia, ON, petrochemical market. The buyer is Riverstone Investment Group LLC.

June 29, 2016

Kinder Affirms Commitment to ‘Investment Grade’

Three days after Moody’s Investors Service changed its outlook on Kinder Morgan Inc. (KMI) debt to “negative” from “stable,” the company said it “…will construct its 2016 plan to maintain an investment grade rating with all three [credit rating] agencies.”

December 4, 2015