Kinder Morgan

Kinder Morgan News

  • S. Korea Says 290 Missing After Ferry Sinks

    South Korea’s government said 290 people are missing after a ferry carrying hundreds of high school students sank en route to the resort island of Jeju, in what may be the nation’s worst ferry accident in two decades.

  • Pipeline Stocks Charging 50% Fees Borrow to Pay Investors

    Most businesses focus on profits. The energy infrastructure companies known as master limited partnerships are all about cash.

  • California Lawmakers Advance Bills to Stop Fracking

    Bloomberg BNA — The Senate Committee on Natural Resources and Water Quality advanced measures April 8 seeking to impose a moratorium on hydraulic fracturing activities at oil and gas fields in California and to update the state's oil spill response program to address the risks of importing crude oil by rail.

  • Risks Mount for Retirees in Limited Energy Partnerships

    “Blind luck” is how Jack Johns characterized his 16 percent profit on something he read about on the Internet called Master Limited Partnerships. Johns, a retired postal worker from Rincon, Georgia, said he sold his MLP investments within a year because he realized he didn’t really know what he’d bought.

  • Kinder Morgan Falls Amid Questions on Cash Flow

    Kinder Morgan Energy Partners LP, the second-biggest U.S. pipeline company, fell the most in almost four years after a Barron’s article said the partnership has overstated cash flows and is overpriced.

  • Kinder Morgan Sued by Investor Over Pipeline Distributions

    Kinder Morgan Inc., which manages more than 80,000 miles of gas, oil and carbon dioxide pipelines, was sued in Delaware by an investor seeking damages for alleged improper distribution of affiliates’ profits.

  • BP Splitter Refinery Seen Skirting U.S. Oil Export Ban

    The oil industry is pressuring President Barack Obama to end the 41-year-old ban on most crude exports. BP Plc isn’t waiting for a decision.

  • Kinder Morgan to Buy El Paso for $21 Billion in Cash, Stock

    Kinder Morgan Inc.’s agreement to buy El Paso Corp. for $21.1 billion, the energy industry’s biggest transaction in more than a year, would create the largest natural-gas pipeline network in the U.S.

  • Ukraine Seen Building Support for U.S. Natural Gas Export

    Russia’s military intervention in Ukraine is bolstering the case for easing restrictions on exports of the U.S.’s booming natural gas production, according to energy analysts and industry groups.

  • Kinder Morgan Agrees to Buy Oil Tankers for $962 Million

    Kinder Morgan Energy Partners LP, the second-largest U.S. natural gas pipeline operator, agreed to buy American Petroleum Tankers and State Class Tankers from private-equity firms Blackstone Group LP and Cerberus Capital Management LP for $962 million in cash.

Sponsored Links
Curation software by Lingospot