Kinder Morgan

Blackstone Credit Acquires 49% Interest in U.S. East Coast LNG Infrastructure Asset

Retrieved on: 
Friday, May 20, 2022
Consulting, Banking, Professional Services, Finance, Natural gas, AUM, Kinder Morgan, ELC, Blackstone, Insurance, Metal, Solution, KMI, Ownership, Ethanol, Elba, Carbon, Credit, EIG, Milbank, Cubic foot, Foundation, Gasoline, Twitter, CO2, LLC, NYSE, Financial services, LNG

Blackstone Credit has acquired EIGs 49% ownership interest in Elba Liquefaction Company (ELC), a joint venture entity of the Elba Island LNG facility.

Key Points: 
  • Blackstone Credit has acquired EIGs 49% ownership interest in Elba Liquefaction Company (ELC), a joint venture entity of the Elba Island LNG facility.
  • ELC generates stable cash flow under a 20 year contract (plus extension rights) with an investment grade counterparty, providing long duration income to its owners.
  • J.P. Morgan Securities LLC acted as exclusive financial advisor and Milbank LLP served as Blackstone Credits legal counsel on the transaction.
  • Blackstone Credit is one of the world's largest credit-focused asset managers, with $230 billion in AUM.

Gulf Coast Express Pipeline Announces Open Season for Expansion Project

Retrieved on: 
Monday, May 16, 2022
Oil, Gas, Energy, Permian, DCP Midstream Partners, Natural gas, Kinder Morgan, KNTK, Business development, Phillips 66, NASDAQ, KMTP, Metal, Solution, Phillips, Water, Transport, KMI, Delaware Basin, Arclight, Ownership, Marketing, Ethanol, Carbon, Partnership, FID, Enbridge, Gasoline, Kinetik, CO2, LLC, DCP, NYSE, Central Time, Oil, Petroleum, LP

Gulf Coast Express Pipeline LLC (GCX) today announced an open season to solicit commitments for an expansion project on its system.

Key Points: 
  • Gulf Coast Express Pipeline LLC (GCX) today announced an open season to solicit commitments for an expansion project on its system.
  • Upon achieving a final investment decision (FID), the project will increase GCXs capacity by nearly 570 million cubic feet per day (MMcf/d).
  • The project will involve primarily compression expansions on the GCX system to increase natural gas deliveries from the Permian Basin to South Texas markets.
  • The open season begins May 16, 2022, and ends June 6, 2022, at 5 p.m. Central Time, though GCX reserves the right to extend the open season as needed.

Kinetik Reports Strong First Quarter 2022 Financial and Operating Results

Retrieved on: 
Wednesday, May 11, 2022
Diamond, Permian, Forward-looking statement, Mission statement, GAAP, Adjustment, EBITDA, Kinetik, Water, FCF, Free cash flow, Central Time Zone, Delaware Basin, Natural gas, Risk, Investor relations, PHP, Income, DCF, News, Accounting, Transaction, Kinder Morgan, Transport, HR, Risk management, Sales, Bank, Bookkeeping

System integration efforts on track and on budget, with super-system interconnect set for June 2022 in-service.

Key Points: 
  • System integration efforts on track and on budget, with super-system interconnect set for June 2022 in-service.
  • Kinetik plans to participate at the following upcoming conferences and events:
    Kinetik will host its first quarter 2022 earnings conference call on Wednesday, May 11, 2022 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time).
  • Kinetiks financial information includes information prepared in conformity with generally accepted accounting principles (GAAP) as well as non-GAAP financial information.
  • It is managements intent to provide non-GAAP financial information to enhance understanding of our consolidated financial information as prepared in according with GAAP.

Permian Highway Pipeline Announces Binding Open Season for Expansion Project

Retrieved on: 
Monday, April 25, 2022
Energy, Other Energy, Oil, Gas, Permian, Carbon, Water, News, An Act to exempt a particular class of securities from the Securities and Exchange Act, KNTK, Central Time, LLC, U.S. Securities and Exchange Commission, Energy factor, Security (finance), Twitter, Kinder Morgan, NASDAQ, Natural gas, Annual report, Transport, Private Securities Litigation Reform Act, Delaware Basin, CO2, Metal, LinkedIn, KMTP, ExxonMobil, Ownership, Solution, XOM, PHP, Lubricant, SEC, Forward-looking statement, NYSE, KMI, Kinetik, Business development, Ethanol, Quality of life, FID, Gasoline, Oil, Petroleum

Permian Highway Pipeline, LLC (PHP) today announced a binding open season to solicit commitments for an expansion project on its system.

Key Points: 
  • Permian Highway Pipeline, LLC (PHP) today announced a binding open season to solicit commitments for an expansion project on its system.
  • Upon achieving a final investment decision (FID), the project will increase PHPs capacity by nearly 650 million cubic feet per day (MMcf/d).
  • A foundation shipper has already executed long-term binding transportation agreements for half of this expansion capacity.
  • The binding open season begins April 25, 2022, and ends May 13, 2022, at 5 p.m. Central Time, though PHP reserves the right to extend the open season as needed.

Kinder Morgan Joins Cheniere-Led Project Focused on Greenhouse Gas Emissions

Retrieved on: 
Thursday, April 21, 2022
Environment, Oil, Gas, Medical gas supply, News, An Act to exempt a particular class of securities from the Securities and Exchange Act, Tennessee Gas Pipeline, Carbon, Â, Moses Austin, U.S. Securities and Exchange Commission, Security (finance), Natural gas, TGP, Annual report, Cheniere Energy, Public policy, Science, Private Securities Litigation Reform Act, Leadership, CO2, Petroleum, Metal, GHG, Colorado State University, Kinder Morgan, Solution, SEC, Forward-looking statement, NYSE, KMI, Rail transport by country, Industry, Ethanol, University, Gasoline, Morgan, LNG, Oil

The work is intended to improve the overall understanding of GHG emissions and further the deployment of advanced monitoring technologies and protocols.

Key Points: 
  • The work is intended to improve the overall understanding of GHG emissions and further the deployment of advanced monitoring technologies and protocols.
  • The midstream QMRV work will be conducted by global emissions researchers from Colorado State University and the University of Texas.
  • KMI assets involved in this project include select pipeline segments and compressor stations on the Tennessee Gas Pipeline (TGP), Kinder Morgan Louisiana Pipeline (KMLP) and Natural Gas Pipeline of America (NGPL) systems.
  • We believe our collaboration in this project further demonstrates our dedication to better understanding the GHG emissions from our facilities and supporting the needs of our customers.

Kinder Morgan Announces First Quarter ‘22 Earnings Webcast

Retrieved on: 
Wednesday, April 13, 2022
Oil, Gas, Energy, NYSE, KMI, Solution, Ethanol, Carbon, Internet, CO2, Kinder Morgan, Gasoline, Metal, Morgan, Petroleum

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release first quarter 2022 earnings results on Wednesday, April 20, 2022 after market close and will hold a live webcast and conference call.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release first quarter 2022 earnings results on Wednesday, April 20, 2022 after market close and will hold a live webcast and conference call.
  • How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-517-308-9185 and entering the passcode 4057642.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Chinese and Russian Cyber Attacks on the Electric Grid and How Kronos Will Build to Make the Grid Secure

Retrieved on: 
Wednesday, April 6, 2022
Chevron, Method, Strontium, FBI, Ersal Commercial Center, Kronos, Bloomberg, Intelligence, Government, Learning, Kinder Morgan, Mistake, Machine learning, House, Computer, GLOBE, Hacking, IP, Algorithm, Weapon, Medical device, Lithium, Mossad

China, another significant rival, might also eventually attempt hamstringing America's power grid with cyber sabotage.

Key Points: 
  • China, another significant rival, might also eventually attempt hamstringing America's power grid with cyber sabotage.
  • While these threats will probably persist for years, Kronos Fusion's powerful quantum computing and machine learning systems could help harden this vital sector against foreign electronic attacks.
  • Originating at IP addresses in Russia, these scans look like Russian cyber warfare agents probing for weaknesses in America's power supply.
  • Kronos' upcoming Fusion Energy Commercialization Center could decisively boost America's energy security, reducing risks of a successful cyberattack on this critical sector.

Lone Cypress Energy Services Announces First of its Kind Helium Exploration, Carbon Capture and Storage Project in Southwestern U.S.

Retrieved on: 
Thursday, April 7, 2022
Proton, Carbon, Company, Lone Cypress, Hydrogen, Multimedia, CO2, Helium, Apache, LLC, Industry, Silicon, Four Corners, Kinder Morgan, Power, EPC, MRI, Partnership, Lithium, Natural gas, Renewable energy, St John's Fields, Apache Country

TULSA, Okla., April 7, 2022 /PRNewswire/ --Lone Cypress Energy Services ("Lone Cypress"), an industry leader in the development of cutting-edge energy transition projects, today announced its participation in a first of its kind helium exploration, and carbon capture and storage project with Proton Green, LLC ("Proton Green").

Key Points: 
  • TULSA, Okla., April 7, 2022 /PRNewswire/ --Lone Cypress Energy Services ("Lone Cypress"), an industry leader in the development of cutting-edge energy transition projects, today announced its participation in a first of its kind helium exploration, and carbon capture and storage project with Proton Green, LLC ("Proton Green").
  • The project represents a partnership between Lone Cypress and Proton Green, an energy transition platform company based out of Houston, TX, with unique capabilities in both helium production and carbon sequestration.
  • Lone Cypress is responsible for construction and operation of all the associated midstream gathering and processing infrastructure for the helium production.
  • Lone Cypress Energy Services, LLC is an independent energy company focused on the development and operation of infrastructure spanning the entire energy value chain.

Kinder Morgan Announces Southern California Renewable Diesel Hub Project

Retrieved on: 
Monday, February 7, 2022
Other Energy, Construction & Property, Oil, Gas, Other Manufacturing, Energy, Chemicals, Plastics, Other Construction & Property, Manufacturing, Carbon, Kinder Morgan, Private Securities Litigation Reform Act, News, U.S. Securities and Exchange Commission, Low-carbon fuel standard, Hoima–Kampala Petroleum Products Pipeline, Gasoline, Solution, KMI, Annual report, CARB, Security (finance), An Act to exempt a particular class of securities from the Securities and Exchange Act, NYSE, SEC, Port, Ethanol, Port of Los Angeles, Morgan, LCFS, CO2, Metal, Forward-looking statement, Oil

Kinder Morgan, Inc. (NYSE: KMI) today announced the receipt of the necessary commercial commitments to move forward with the permitting and construction of a renewable diesel hub in Southern California.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced the receipt of the necessary commercial commitments to move forward with the permitting and construction of a renewable diesel hub in Southern California.
  • Once constructed, the Southern California renewable diesel hub will enable customers to aggregate renewable diesel batches (R99) in the Los Angeles area and move them on SFPP, L.P.s pipeline system to the high demand markets in Colton (inland Empire) and Mission Valley (San Diego), California, creating up to 20,000 barrels per day (bpd) of blended diesel throughput capacity at its truck racks with the ability to expand in the future.
  • This Southern California renewable diesel hub, and the previously announced Northern California renewable diesel hub, collectively represent an investment by KMI of over $50 million in the distribution of renewable fuels in California, just over half of which was contemplated in the 2022 budget.
  • We are pleased to be constructing these hub projects to expand our renewable diesel handling capabilities, said KMIs President of Products Pipelines Dax Sanders.

Net Zero Project Collaboration between Rimrock Energy Management and 8 Rivers Capital to Accelerate U.S. Decarbonization

Retrieved on: 
Wednesday, February 2, 2022
Zero, Memorandum of understanding, KMI, Ammonia, Solution, Natural gas, NET Power Demonstration Facility, River, Pine River Capital Management, Kinder Morgan, Tart, LLC, Carbon, Partnership, Integrity, RSG, Hydrogen, Innovation, NYSE, Commitment, Oil, Renewable energy, DALLAS

In partnership 8 Rivers and Rimrock can accelerate the deployment Net Zero solutions.

Key Points: 
  • In partnership 8 Rivers and Rimrock can accelerate the deployment Net Zero solutions.
  • It allows 8 Rivers to pair its Net Zero technologies and project development business across the US, leveraging Rimrock's footprint, expertise and environmental goals to accelerate the clean energy transition."
  • ABOUT RIMROCK ENERGY MANAGEMENT: REM is the manager of Rimrock Energy Partners whose focus is connecting North America's energy basins to energy markets by aligning Integrity, Opportunity, Innovation and a Commitment to Excellence.
  • Headquartered in Dallas, Texas, Rimrock Energy Partners' asset base is positioned for continued expansion in the ever-growing North American energy market.