Morgan

Coming off a strong quarter of growth in its natural gas business, Kinder Morgan Inc. (KMI) remains poised to capture value from connecting the sources of supply and demand burgeoning on either side of Texas.

U.S. natural gas is about to enter a cycle of structural oversupply and demand stagnation, which in turn should reduce prices, according to Morgan Stanley.

On March 27, four days after Cenagas announced the results of its first open season for one-year contracts on Mexico’s National Integrated Natural Gas Transportation System (Sistrangas), it called for a second round of bidding to make adjustments for three oversubscribed routes.

Kinder Morgan Inc. (KMI) turned in a loss for the third quarter — its first for the year — as it was dinged by a partial writedown of its interest in Midcontinent Express Pipeline (MEP) and expenses associated with the sale of a half-stake in the Southern Natural Gas (SNG) system. Lower commodity prices hurt the carbon dioxide (CO2) business.

Kinder Morgan Inc. (KMI) was in the process Tuesday afternoon of conducting a damage assessment of its pipeline facilities following a fire near the King Ranch gas processing plant in Kleberg County, TX. The plant is operated by Energy Transfer Partners.

Kinder Morgan Inc. CEO Rich Kinder didn’t see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

Kinder Morgan Inc. CEO Rich Kinder didn't see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

The Interior Department’s Bureau of Land Management (BLM) said Kinder Morgan Inc., citing oil prices, has withdrawn its right-of-way application for the Lobos Pipeline, a 216-mile carbon dioxide (CO2) pipeline that would have traversed New Mexico and served producers in the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

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.