Subsidiaries of Kinder Morgan Inc. (KMI) propelled the company to big profits during the first quarter of 2013, allowing it to raise its quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.
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New MLP: Many Pipes in Many Shales
CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.
TVA Exec Rips FERC’s No-Bump Rule for Interruptible Transportation
FERC Thursday was asked to take a look at its no-bump rule, which some generators said shows a preference to customers with interruptible (IT) gas delivery service over those with higher priced firm transportation (FT) contracts.
Shale Industry Ripe for Consolidation, Study Concludes
Trends that surfaced last year indicate “a continued preference for crude oil and liquids-rich gas development over dry gas options,” and are likely to reduce — and possibly reverse — recent domestic dry gas production growth rates, according to a new report from Pace Global.
Shale Industry Ripe for Consolidation, Study Concludes
Trends that surfaced last year indicate “a continued preference for crude oil and liquids-rich gas development over dry gas options,” and are likely to reduce — and possibly reverse — recent domestic dry gas production growth rates, according to a new report from Pace Global.
Energy Transfer, FERC Pursue Settlement of Manipulation Charges
Chief Administrative Law Judge Curtis L. Wagner Jr. Friday suspended FERC enforcement proceedings against Energy Transfer Partners LP (ETP), saying that the two sides are in settlement negotiations to resolve the pending price manipulation charges against the Dallas, TX-based energy company.
Southern LNG Denies Allegations of Affiliate Preference
Southern LNG Inc. last week launched a scathing denial of theallegations that it conducted an open season in secret in order toaward to an affiliate all the teminalling capacity in its liquefiednatural gas (LNG) facilities on Elba Island in Georgia. The companyis seeking to reactivate the facilities, which have been dormantsince the early 1980s.