Media. The proposed expansion of the Kinder Morgan pipeline (also known as the Trans Mountain pipeline) is a controversial issue in British Columbia. The Houston pipeline company Kinder Morgan boosted its dividend significantly for the first quarter after reporting increased profits. Proceeds will be used to pay down debt Kinder Morgan, Inc. (NYSE: KMI) today announced it has sold all of the approximately 25 million shares of Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (Pembina) stock it received in connection with Pembina’s acquisition of the outstanding common equity of Kinder Morgan Canada Limited. December 9, 2020. At Kinder Morgan, delivering energy is what we do. Kinder Morgan Cancels Fracked Liquids Pipeline Plan, and Pursues Another The company has dropped the idea of pushing hazardous gas liquids through an old pipeline that ran the other way. Texas Homeowners Back Down From Kinder Morgan Pipeline Dispute Bloomberg Law - news.bloomberglaw.com. The total purchase price was approximately $76 million and includes the Corpus Christi Pipeline Network and Bay City Lateral. An order from a federal judge has cleared the way for Kinder Morgan to begin construction of the Hill Country portion of Kinder Morgan Inc.'s Permian Highway Pipeline. HOUSTON-- (BUSINESS WIRE)-- Kinder Morgan Tejas Pipeline, LLC (Tejas), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today closed on its acquisition of certain natural gas pipeline assets owned by Southcross Energy. According to TipRanks.com, Blum is a 4-star analyst with an average return of 9.5% and a 60.6% success rate. The project would expand its capacity from 300,000 barrels per day (48,000 m 3 /d) a day to 890,000 barrels per day (141,000 m 3 /d). Mr. Sarofim has served on KMI’s board of directors since 1999. A Kinder Morgan pipeline leaked tens of thousands of gallons of gasoline into a waterway in Walnut Creek, California, prompting concerns from residents worried about the company's safety record. The company’s shares closed last Thursday at $14.79. Kinder Morgan CEO Steve Kean. Kinder Morgan's Growth Engine Is Running Out of Gas The pipeline giant has conceded that it's starting to run out of viable expansion opportunities. Our customers and the communities we serve can trust that we will be there 24/7 to serve their energy needs each and every day. Portion of Cochin Pipeline and Its 70 Percent Interest in KML to Pembina Pipeline Corporation 08/14/2019 Kinder Morgan Announces Additional Projects to Enhance Capabilities at Houston Ship Channel Facilities 07/17/2019 December 12, 2020. Kinder Morgan Pipeline Construction Cleared — San Marcos Daily Record. Most Read; Most Recent; Woman abused by school band teacher gets $2M settlement. Texas homeowners have resolved their dispute with Kinder Morgan Texas Pipeline LLC over a construction accident that contaminated a local aquifer, … Kinder Morgan (NYSE: KMI) announced today that Fayez Sarofim will retire from its board of directors effective December 31, 2020. We own an interest in or operate approximately 83,000 miles of pipelines and 147 terminals and are the largest energy infrastructure firm in the S&P500. Federal Judge Sides With Kinder Morgan Over Hill Country Pipeline — Houston Chronicle. Kinder Morgan Reacts to Newest Anti PHP Lawsuit — Hays Free Press. Kinder Morgan boosts dividend, reports a spike in profits. Wells Fargo analyst Michael Blum downgraded Kinder Morgan (KMI – Research Report) to Hold yesterday. NIMBYism Comes To Texas In Fight Over Permian Highway Pipeline — Forbes In 2013, the National Energy Board received a proposal from Kinder Morgan to expand the pipeline with a second span, built roughly parallel to the existing pipeline. Permian Basin Flaring: Relief is on the Way — Forbes. The Houston pipeline company lost $637 million in the second quarter after writing down $1 billion of assets to move natural gas within shale states such as … (Courtesy: Kinder Morgan) The lawsuit argues that all the feeder lines going in and out of the PHP could eventually mean the operation crosses state lines. Kinder Morgan says Hill Country pipeline construction could start in January Kyle, Austin, San Marcos, 2 other organizations join lawsuit against Kinder Morgan's Permian Highway Pipeline Kinder Morgan Inc said that it expects to generate higher income in 2021 and raised its annual dividend. Popular Pipeline News. Kinder Morgan Agrees to Sell U.S. Kinder Morgan Statement on Federal Energy Regulatory Commission Notice of Proposed Rulemaking on the Tax Cuts and Jobs Act 02/05/2018 Gulf Coast Express Pipeline LLC Announces Binding Open … Kinder Morgan Canada said this week that it would scrap the $7.4-billion Trans Mountain pipeline expansion unless all legal and jurisdictional challenges the project is … This information page provides a brief background and history of the Kinder Morgan pipeline and links to the Vancouver Observer's latest news coverage and commentary on this controversial project. In October 2019, the council approved a settlement agreement with the Permian Highway Pipeline and Kinder Morgan Texas Pipeline, which allows for Kinder Morgan … Kinder Morgan Inc. is facing regulatory and legal fallout from a construction accident that contaminated drinking water near the company’s $2 billion Permian Highway Pipeline project in Texas. Kinder Morgan, which expects net income to be just about $100 million this year due to large impairments, said it estimates to generate around $2.1 billion in profit attributable to it next year. Kinder Morgan Uncertain About Permian Pass Pipeline 3/5/2020 (Reuters) — U.S. energy company Kinder Morgan Inc said its proposed Permian Pass natural gas pipeline in Texas faced an uncertain future since no customers for the project have been lined up … Hong Kong's Jimmy Lai denied bail as … Vending machine pizza and robotic coffee: Pandemic accelerates restaurant automation. Kinder Morgan’s pipeline map. Dispute Bloomberg Law - news.bloomberglaw.com 24/7 to serve their energy needs each and every day quarter. Contaminated a local aquifer, after reporting increased profits coffee: Pandemic accelerates restaurant automation PHP Lawsuit — Hays Press. A spike in profits known as the Trans Mountain Pipeline ) is 4-star! 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