Kinder

The Interior Department’s Bureau of Land Management (BLM) said Kinder Morgan Inc., citing oil prices, has withdrawn its right-of-way application for the Lobos Pipeline, a 216-mile carbon dioxide (CO2) pipeline that would have traversed New Mexico and served producers in the Permian Basin.

Kinder Morgan Inc.’s (KMI) largely fee-based businesses continued to weather the storm of lower commodity prices during the fourth quarter, CEO Rich Kinder said Wednesday during an analyst briefing in which he announced that he will be leaving the CEO post June 1.

When commodity prices are in decline, executives at Kinder Morgan Inc. get even more bullish about opportunities in the midstream sector.

With its flagship master limited partnership (MLP) too large to grow revenue and investor distributions, Kinder Morgan Inc. (KMI) is abandoning the master limited partnership structure and consolidating its businesses into one corporate entity.

Kinder Morgan natural gas pipelines and related assets are benefiting greatly from rapidly expanding gas production in the Appalachian Basin and the need to get that production out, particularly to Gulf Coast liquefied natural gas (LNG) export terminals.

With FERC steaming ahead with a potential approval later this month, Kinder Morgan’s proposed Sierrita Pipeline project for delivering natural gas to southwestern markets in the United States and high-growth power generation markets in northern Mexico appears to be stuck in local political mud in Pima County, AZ.

Booming Marcellus Shale gas production is reconfiguring flow patterns on legacy natural gas pipelines. One of the most successful at changing with the times has been Kinder Morgan’s Tennessee Gas Pipeline (TGP). But eventually, there’s a limit, partnership executives said.

Kinder Morgan’s Tennessee Gas Pipeline (TGP) is making the most out of the booming production from the Marcellus Shale with multiple backhaul/reversal projects. Meanwhile, that booming production and the bitter cold winter drove record throughput volumes in the company’s gas pipeline segment.

Kinder Morgan Energy Partners LP is in talks with the owner of a Louisiana shipyard on the Mississippi River about possibly redeveloping the site.