Kinder Morgan Inc. (KMI) is advancing numerous projects across its vast Lower 48 natural gas pipelines footprint as LNG and Mexico export demand continues to rise, management said Wednesday. The midstream giant kicked off the third quarter earnings season touting robust volumes and demand across its gas network during the period. “This quarter, KMI continued…
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TGP’s Cumberland Natural Gas Pipeline to Have Minimal Impact, Says FERC
FERC staff has issued a favorable final environmental impact statement (FEIS) for Tennessee Gas Pipeline Co.’s (TGP) Cumberland natural gas pipeline project, clearing the way for its approval by the Commission. The 32-mile, 30-inch diameter pipeline would provide up to 245,040 Dth/d of new firm transportation service to the Tennessee Valley Authority’s (TVA) Cumberland natural…
Kinder Morgan Capturing More Low-Emissions Opportunities with California’s Renewable Diesel Hubs
Kinder Morgan Inc.’s (KMI) renewable diesel (RD) hub projects in California are in full commercial operation, which may be the first to transport the alternative fuel by pipeline to inland destinations. “We are confident that the best way to serve markets during this energy evolution is through an all-of-the-above energy mix,” said KMI’s Dax Sanders,…
Kinder Morgan Boosting RNG Production in Michigan, Kentucky
Kinder Morgan Inc. is aiming to convert four natural gas-to-power facilities in Michigan and Kentucky to renewable natural gas (RNG) after closing last week on the acquisition of North American Natural Resources (NANR) and its subsidiaries. Kinder expects to make a final investment decision on the conversion to RNG of up to four of the…
Mexico Exports Slip in 4Q, but Kinder Morgan Gains on Higher Natural Gas Prices, LNG Deliveries
Stronger natural gas prices lifted Kinder Morgan Inc. results in the fourth quarter and propelled physical liquefied natural gas (LNG) deliveries higher by 33%. Executive Chairman Richard Kinder and CEO Steven Kean helmed a conference call last week to discuss fourth quarter and full-year 2021 results. The company recovered sharply in the final three months…
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Kinder Readies Service for Fourth Elba Island LNG Train
A Kinder Morgan Inc. (KMI) affiliate has asked federal regulators for permission to bring into service a fourth liquefied natural gas (LNG) production unit at the Elba Island Liquefaction project in Georgia.
Kinder Morgan Planning $2.4B in Expansions, JVs as 2020 Budget Unveiled
Kinder Morgan Inc. (KMI) plans to invest $2.4 billion in expansion projects and joint ventures in 2020, but the company also has growing dividend payments in its sights as it looks to build “financial flexibility” into its budget for the new year.
KMI Prioritizing Budget Flexibility in 2020; $2.4B Earmarked for Expansions, JVs
Kinder Morgan Inc. (KMI) plans to invest $2.4 billion in expansion projects and joint ventures in 2020, but the company also has growing dividend payments in its sights as it looks to build “financial flexibility” into its budget for the new year.
Kinder Morgan to Sell Last Canadian Assets for $3.3 Billion
Kinder Morgan Inc. (KMI) will sell its remaining Canadian assets to Pembina Pipeline Corp. for C$4.35 billion ($3.3 billion) in cash and stock.
Kinder Morgan Receives FERC Approval for Gulf LNG Export Project
Federal regulators on Tuesday approved additional liquefied natural gas (LNG) exports from the Gulf Coast, granting Kinder Morgan Inc. (KMI) authorization to site, construct and operate the proposed Gulf LNG project.