Kinder Morgan

Crestwood and Con Edison Announce Divestiture of Stagecoach Gas Services

Retrieved on: 
Tuesday, June 1, 2021
Consolidated Edison, Thomas Edison, Kinder Morgan, Crestwood, New South Wales, Edison, Crestwood, KMI, Energy, Economy of the United States

HOUSTON and NEW YORK, June 1, 2021 /PRNewswire/ -- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") and Consolidated Edison, Inc. (NYSE: ED) ("Con Edison") today announced that their subsidiaries entered into a purchase and sale agreement to divest Stagecoach Gas Services LLC ("Stagecoach"), to a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for $1.225 billion.

Key Points: 
  • HOUSTON and NEW YORK, June 1, 2021 /PRNewswire/ -- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") and Consolidated Edison, Inc. (NYSE: ED) ("Con Edison") today announced that their subsidiaries entered into a purchase and sale agreement to divest Stagecoach Gas Services LLC ("Stagecoach"), to a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for $1.225 billion.
  • The cash proceeds from the divestiture will be split pro rata between Crestwood and Con Edison in line with each member's 50% ownership interest in the joint venture.
  • We want to thank our Stagecoach employees for their hard work and dedication and Con Edison for being a valuable joint venture partner over the last five years.
  • Crestwood and Con Edison were represented by TD Securities as financial advisor and Latham & Watkins, LLP as legal advisor.

Kinder Morgan Announces First Quarter ’21 Earnings Webcast

Retrieved on: 
Wednesday, April 14, 2021
Manufacturing, Mining, Minerals, Maritime, Transport, Natural Resources, Oil, Gas, Coal, Steel, Logistics, Supply chain management, Energy, Chemicals, Plastics, Kinder Morgan, KMI, Energy development, Energy in the United States

A recording of the conference call will also be available for replay one hour after the call until the end of the day on July 20, 2021.

Key Points: 
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on July 20, 2021.
  • To access the replay, please dial 1-203-369-2032 and enter passcode 32121.\nKinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.
  • Access to reliable, affordable energy is a critical component for improving lives around the world.
  • We own an interest in or operate approximately 83,000 miles of pipelines and 144 terminals.

Canada Action Issues Failing Grade for Latest SFU Tom Gunton Report; Urges a Balanced Analysis of Crucial Trans Mountain Expansion

Retrieved on: 
Tuesday, April 6, 2021
Athabasca oil sands, Kinder Morgan, Trans Mountain Pipeline, Trans-mountain

For Tom Gunton, it's par for the course," Battershill said.

Key Points: 
  • For Tom Gunton, it's par for the course," Battershill said.
  • Battershill explains the report claims that the economic viability of Trans Mountain Expansion Project(TMEP) has been hurt by market condition changes since the purchase of Trans Mountain by the federal government in August 2018.
  • The existing Trans Mountain pipeline, as has been widely reported for years, is operating at maximum capacity.
  • Canada Action is a volunteer-built organization that supports Canadian natural resources development and the environmental, social and economic benefits that come with it.

Cadiz Inc. Issues Statement on New Lawsuits from Opponents of Water Access Targeting Company’s Repurposing of Idle Oil & Gas Pipeline

Retrieved on: 
Tuesday, March 23, 2021
Kinder Morgan

Under agreements with EPNG first entered in 2011, Cadiz has sought to acquire the idle pipeline for the purpose of augmenting east-west water conveyance opportunities along this underserved, growing area of California.

Key Points: 
  • Under agreements with EPNG first entered in 2011, Cadiz has sought to acquire the idle pipeline for the purpose of augmenting east-west water conveyance opportunities along this underserved, growing area of California.
  • Cadiz Inc. is not a named party in the lawsuits.
  • Repurposed for water transportation, the idle oil and gas pipeline that is already in the ground has the potential to benefit tens of thousands of people.
  • Founded in 1983, Cadiz Inc. (NASDAQ: CDZI) is a California business dedicated to sustainable water and agricultural projects.

Kinder Morgan Announces Formation of New Energy Transition Ventures Group

Retrieved on: 
Friday, March 12, 2021
Trucking, Finance, Other Energy, Transport, Utilities, Oil, Gas, Professional services, Alternative energy, Energy, Energy, Articles, Kinder Morgan, KMI, Energy policy, Energy economics, Kinder, Energy transition, Energy industry

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has formed a new Energy Transition Ventures group within Kinder Morgan to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has formed a new Energy Transition Ventures group within Kinder Morgan to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.
  • The group, led by Jesse Arenivas, President of Energy Transition Ventures and CO2, and Anthony Ashley, Vice President of Energy Transition Ventures, will focus on broadening Kinder Morgans reach beyond the low-carbon energy initiatives currently in development by KMIs business units.
  • As public policies, including tax and other government incentives, align with ESG objectives, our unparalleled asset footprint provides a solid footing to facilitate the energy transition.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Colorado Energy Organizations Launch First-of-its-Kind Responsibly Sourced Natural Gas Partnership

Retrieved on: 
Thursday, March 11, 2021
Kinder Morgan, Economy of the United States, States of the United States, Energy in the United States, Colorado Interstate Gas, TransColorado Pipeline, Kinder Morgan Interstate Gas Transmission

"This partnership will allow us to further diversify our energy portfolio and expand our commitment to environmental stewardship," said Colorado Springs Utilities CEO Aram Benyamin.

Key Points: 
  • "This partnership will allow us to further diversify our energy portfolio and expand our commitment to environmental stewardship," said Colorado Springs Utilities CEO Aram Benyamin.
  • Kinder Morgan will transport gas purchased by Colorado Springs Utilities from Bayswater through its Colorado Interstate Gas Company pipeline.
  • "Kinder Morgan has worked with Colorado Springs Utilities for over 90 years to provide reliable and affordable natural gas to communities and businesses in Colorado," said Kinder Morgan Natural Gas Pipelines Commercial Vice President Will Brown.
  • Rimrock Energy Partners: Connecting North America's energy basins to energy markets by aligning Integrity, Opportunity, Innovation and a Commitment to Excellence.

Pipeline Transportation of Natural Gas Industry | BizVibe Adds New Companies Which Can Be Discovered and Tracked

Retrieved on: 
Friday, March 5, 2021
Articles, Natural gas, Pipeline transport, Energy, Economy, Kinder Morgan, Midstream

NEW YORK, March 5, 2021 /PRNewswire/ -- BizVibe is continuing to expand the number of companies which can be discovered and tracked within their pipeline transportation of natural gas category offering.

Key Points: 
  • NEW YORK, March 5, 2021 /PRNewswire/ -- BizVibe is continuing to expand the number of companies which can be discovered and tracked within their pipeline transportation of natural gas category offering.
  • Users can browse high-quality company profiles, allowing them to discover 350+ pipeline transportation of natural gas companies, spanning across 50+ countries, which are categorized into eight products and services.
  • Discover Companies for Free
    Companies listed under this classification are defined as being primarily engaged in the pipeline transportation of natural gas from processing plants to local distribution systems (including the storage of natural gas).
  • Get started for free
    BizVibe's transportation of natural gas by pipeline industry group is categorized into eight related products and services.

Kinder Morgan and Brookfield Infrastructure Announce Minority Interest Sale in Natural Gas Pipeline Company of America LLC

Retrieved on: 
Monday, February 22, 2021
Finance, Oil, Gas, Energy, Professional services, Utilities, Kinder Morgan, Natural Gas Pipeline Company of America, Brookfield Infrastructure Partners, Economy of the United States, KMI, Energy in the United States, Companies, Horizon Pipeline, Trailblazer Pipeline

Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (Brookfield Infrastructure) today jointly announced that they have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC (NGPL) to a fund controlled by ArcLight Capital Partners, LLC (ArcLight) for $830 million.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (Brookfield Infrastructure) today jointly announced that they have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC (NGPL) to a fund controlled by ArcLight Capital Partners, LLC (ArcLight) for $830 million.
  • Upon closing, KMI and Brookfield Infrastructure will each hold a 37.5% interest in NGPL, and KMI will continue to operate the pipeline.
  • Kinder Morgan and Brookfield Infrastructure are pleased to welcome ArcLight into the NGPL joint venture, said Kinder Morgan Natural Gas Pipelines President Tom Martin.
  • We believe this investment shows the value of natural gas infrastructure both today and in the decades to come.

Crowley and Watco Partner to Support Offshore Wind Energy

Retrieved on: 
Tuesday, February 9, 2021
Wind power, Kinder Morgan, Watco, Offshore wind power

JACKSONVILLE, Fla., Feb. 9, 2021 /PRNewswire-PRWeb/ -- Crowley and Watco are partnering to create a single-source terminal and supply chain management solution to support the emerging offshore wind industry.

Key Points: 
  • JACKSONVILLE, Fla., Feb. 9, 2021 /PRNewswire-PRWeb/ -- Crowley and Watco are partnering to create a single-source terminal and supply chain management solution to support the emerging offshore wind industry.
  • "Crowley and Watco will work together to leverage our respective expertise in logistics, project management, and energy support to create innovative solutions to meet full lifecycle project needs. "
  • Watco will use its skillset in onshore wind terminal management and ongoing relationships with OEMs to develop state-of-the-art terminal management offerings for the offshore wind industry.
  • "Crowley and Watco are partnering to deliver safe, reliable, comprehensive lifecycle services for the offshore wind sector," said Jeff Andreini, vice president, New Energy division, Crowley.

North America Offshore Pipeline Market Forecast to 2027: Advancements in Flexible Pipe Technology Gaining Momentum - ResearchAndMarkets.com

Retrieved on: 
Monday, January 25, 2021
Other Manufacturing, Technology, Infectious diseases, Other Energy, Other Technology, Oil, Gas, Manufacturing, Energy, Health, Oceanography, Submarine pipeline, Kinder Morgan, Articles, Pipeline transport

The "North America Offshore Pipeline Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Diameter, Line Type, and Product" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Offshore Pipeline Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Diameter, Line Type, and Product" report has been added to ResearchAndMarkets.com's offering.
  • Increasing need for safe, cost-effective, and efficient connectivity of pipelines across North America escalates the growth of the North America offshore pipeline market.
  • Several advancements in technology are taking place to enhance the efficiency, safety, and reliability of offshore pipelines.
  • Based on diameter, the less than 24 inches segment led the North America offshore pipeline market in 2019.