New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 26, 2014
08:17 EDTKMPKinder Morgan to invest approximately $1B to expand CO2 network
Kinder Morgan Energy announced it will build and operate a new, 213-mile, 16-inch diameter pipeline to transport carbon dioxide from the companyís St. Johns source field in Apache County, Arizona, to the Kinder Morgan-operated Cortez Pipeline in Torrance County, New Mexico. The new Lobos Pipeline will have an initial capacity of 300M standard cubic feet per day and will support current and future enhanced oil recovery projects owned by Kinder Morgan and other operators in the Permian Basin of West Texas and eastern New Mexico. The company plans to invest approximately $300M on the pipeline, and an additional $700M to drill wells and build field gathering, treatment and compression facilities at the St. Johns field. The project is expected to be in service by 3Q16 pending receipt of environmental and regulatory approvals. Construction of the Lobos Pipeline will follow existing utility rights-of-way wherever possible to minimize environmental impacts. The project will employ approximately 1,200 contractors during construction.
News For KMP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 30, 2014
17:47 EDTKMPKinder Morgan Energy announces extension of Palmetto Project open season
Subscribe for More Information
September 29, 2014
10:02 EDTKMPKinder Morgan announces NOVA Chemicals as anchor shipper for Utopia project
Kinder Morgan Energy Partners announced it has received a long-term transportation agreement from NOVA Chemicals Corporation to transport ethane and ethane-propane mixtures from the prolific Utica shale area through its previously announced Utica To Ontario Pipeline Access project, which is currently in a binding open season that began Sept. 5, 2014, and will close on Oct. 6, 2014. As part of the UTOPIA project, Kinder Morgan Cochin will develop, construct, own and operate a 240-mile, 12-inch diameter pipeline from Harrison County, Ohio, to Kinder Morganís Cochin Pipeline near Riga, Michigan, where the company would then move product eastward to Windsor, Ontario, Canada. UTOPIA would have an initial 50,000 barrels per day of capacity, which is expandable to more than 75,000 bpd. The approximately $500M pipeline project is expected to be in service by early 2018 with the receipt of timely permitting and regulatory approvals.
September 19, 2014
12:39 EDTKMPKinder Morgan spends over $1.5B for hub construction, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use