Tag / Paso

Subscribe

Paso

EP Energy Trading OTC as NYSE Moves to Delist Stock

Houston’s EP Energy Corp., which launched five years ago brimming with Lower 48 assets once owned by El Paso Corp. (now part of Kinder Morgan Inc.), has begun trading over the counter after the New York Stock Exchange (NYSE) suspended trading.

May 24, 2019

Mexico Seeks Waivers to Make Changes to Its U.S. Gas Supply Process

With energy reform taking effect in Mexico, two state-owned energy entities have filed a joint petition with FERC, asking it to grant temporary waivers of its capacity release regulations and tariff provisions so the two can reorganize their U.S. natural gas procurement process.

September 11, 2014

Rich Kinder Defends Pipe Maintenance Spending Record

Shares of Kinder Morgan Inc. (KMI) closed up more than 4% Wednesday following a pre-market conference call during which CEO Rich Kinder went through a point-by-point explanation of how the company and its Kinder Morgan Energy Partners (KMP) account for spending to maintain pipelines and other assets.

September 19, 2013

Kinder Pipeline Link to Mexico on Track

Although renamed, Kinder Morgan’s El Paso Natural Gas Co. (EPNG) unit is on track to put in service next year a 60-mile, 36-inch diameter natural gas pipeline in Arizona, connecting the EPNG southern system near Tucson to the Mexican border under the new name of the Sierrita Lateral Project (formerly Sasabe).

April 16, 2013

Gasco’s Updated Uinta Basin Plans Get BLM Nod

The Bureau of Land Management (BLM) has approved Gasco Energy Inc.’s proposal to develop nearly 1,300 natural gas wells over 15 years in Utah’s Uinta Basin, the agency said Monday.

June 20, 2012

Southern LNG Applies for Elba Island Export License

Southern LNG Co., a subsidiary of El Paso Corp., has thrown its hat into the liquefied natural gas (LNG) export ring, applying to the Department of Energy (DOE) for authorization to export up to 0.5 Bcf/d from its Elba Island terminal in Savannah, GA, to countries that have free trade agreements (FTA) with the United States, according to an application filed with DOE. The company is seeking a 25-year export license.

May 21, 2012

Southern LNG Applies for Elba Island Export License

Southern LNG Co., a subsidiary of El Paso Corp., threw its hat into the liquefied natural gas (LNG) export ring last week, applying to the Department of Energy (DOE) for authorization to export up to 0.5 Bcf/d from its Elba Island terminal in Savannah, GA, to countries that have free trade agreements (FTA) with the United States, according to an application filed with DOE. The company is seeking a 25-year export license.

May 21, 2012

KMI Pipes For Sale Expected to Be Remade for Value

Among assets slated to be sold by Kinder Morgan Inc. (KMI) to win antitrust clearance for its acquisition of El Paso Energy Corp., the “only meaningful” buys are the 50% stake in the Rockies Express Pipeline (REX) and KMI’s Kinder Morgan Interstate Gas Transmission (KMIGT), an industry analyst said Friday. And it’s not because of what they are now, but what they could become.

March 19, 2012

Transportation Notes

After warning Thursday that one might become necessary, El Paso on Friday declared a systemwide Strained Operating Condition due to high linepack. The tolerance for positive daily imbalances was set at 10%.

January 3, 2012

Transportation Notes

Although Ruby Pipeline operator El Paso Corp. had indicated Tuesday that a systemwide shutdown might be ended as early as Wednesday, the in-service date has been shifted to sometime between Saturday and next Wednesday. Ruby said a full assessment of the scope of necessary repairs has been completed, and the longest lead item is for replacement of the 42-inch block valve. The restoration of service depends on the time required to secure and install the replacement valve.

December 15, 2011
‹ Previous 1 2 3 22