There was a lot of hand wringing and gnashing of teeth last week in energy markets, and it had nothing to do with the OPEC non-event. Instead, the focus was Kinder Morgan (KMI), granddaddy of U.S. midstream companies, and usually a darling of analysts and media. Not this time. Over the past few days the stock has been hammered, Moody’s downgraded its debt, and a lot of folks in the market have been trying to figure out what is going on. Particularly since all the hubbub would seem to be about a relatively minor investment (in energy infrastructure terms) in a pipeline called Natural Gas Pipeline of America, or NGPL, one of the oldest of the long-line systems in the U.S., which came online 84 years ago and Kinder Morgan has owned all (or part of) since 1999. In today’s blog, we look at this pipeline system and what it tells us about the current state of the natural gas markets.
- An error has occurred; the feed is probably down. Try again later.
- NETL experts say research could improve Marcellus Shale environmental impacts - Daily Energy Insider March 20, 2019
- CPPIB, Williams to form $3.8 billion Marcellus-Utica shale gas venture - Reuters March 18, 2019
- Shale study: Marcellus to supply 45 percent of natural gas to US - northamericanshalemagazine.com March 20, 2019
- Mexican presidential frontrunner will not reverse energy reform: adviser
- Global commodity trader Koch cuts staff in restructuring
- Energy partnerships simplify business models to spur growth
- Mexico Strives to Generate a Homespun Fracking Revolution | 2018-02-21 | Natural Gas Intelligence
- Avant plans logistics system to import refined products into Mexico
- Mexico’s Natural Gas Dilemma | OilPrice.com
- India Wants Eleven More LNG Import Terminals
- Energy CEOs ask President Trump to fund Port of Corpus Christi Ship Channel Improvement Project – HBJ
- Q&A: Plastics boom keeps Houston humming – Houston Chronicle
- Commodities fund Jamison Capital to shut – Reuters