Kinder Morgan: first quarter 2025 financial results and project update
Approves cash dividend of US$0.2925 per share (US$1.17 annualised); added US$900 million to project backlog; and closed US$640 million Outrigger acquisition.
Browse the latest natural gas pipeline news news and articles.
Approves cash dividend of US$0.2925 per share (US$1.17 annualised); added US$900 million to project backlog; and closed US$640 million Outrigger acquisition.
The agreement provides that MidOcean Energy will have the option to arrange for gas supply for its share of LNG production and that MidOcean will commit to long-term gas transportation on Energy Transfer pipelines.
WhiteWater has announced it and its partners have reached a final investment decision to move forward with the construction of the Traverse Pipeline.
Phillips 66 has announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of approximately US$2.2 billion.
The acquisition includes a processing facility and a 104 mile, large-diameter, high-pressure rich gas gathering header pipeline connecting supplies from the Williston Basin area to high-demand markets.
The President of the Arab Republic of Egypt Abdel Fattah El-Sisi and the President of the Republic of Cyprus Nikos Christodoulides presided the signing, which took place during the opening ceremony of EGYPES, an energy event in Egypt.
The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450 000 million Btu/d of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision (FID) with its customer.
Lunate, an Abu Dhabi based global alternative investment manager with US$105 billion in assets under management, announced it is to acquire a minority stake in ADNOC Gas Pipelines that is indirectly held by Snam, Europe’s leading gas infrastructure operator.
Italy, Germany, Austria, Algeria and Tunisia have signed a joint declaration of intent in Rome on the Southern Hydrogen Corridor, an infrastructure project to transport renewable hydrogen for over 3300 km from North Africa to Italy, Austria and Germany.
PHMSA transmits final rule to the Federal Register to enhance natural gas pipeline safety.
Strohm, the thermoplastic composite pipe (TCP) company, has been awarded a contract to supply 33 km of its TCP flowline for Aramco’s Fadhili gas plant in Saudi Arabia.
Mark Naples, Managing Director, Umicore Coating Services, illustrates how addressing methane emissions, through efforts like the Global Methane Pledge, is fuelling advancements in leak detection technology.