Kinder Morgan Sheds Pipeline and Canadian Subsidiary for $3.3 Billion

The deal values the Canadian subsidiary at approximately $1.73 billion, with Kinder Morgan's 70 percent stake representing about $935 million, and the U.S. portion of the pipeline at nearly $1.55 billion......»»

Kinder Morgan's Canadian subsidiary has called a halt to further spending on its Trans Mountain pipeline expansion project primarily due to opposition from the government of British Columbia and........»»

Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it........»»

OTTAWA/HOUSTON (Reuters) - U.S. energy firm Kinder Morgan's C$4.5 billion sale of an oil pipeline to Canada's government marked an extraordinary escape from months of fraught negotiations among warring camps of Canadian officials......»»

U.S. energy firm Kinder Morgan's C$4.5 billion sale of an oil pipeline to Canada's government marked an extraordinary escape from months of fraught negotiations among warring camps of Canadian officials......»»

Kinder Morgan Inc (NYSE: KMI) announced the sale in May of its TransMountain Pipeline system and expansion project to the Canadian government for the U.S. dollar equivalent of $3.38 billion. Latest Ratings for KMI DateFir.....»»

Houston-based Kinder Morgan Inc. (NYSE: KMI) plans to use the proceeds from the sale of its Trans Mountain pipeline and expansion project to pay down debt. The company’s Canadian subsidiary, Kinder Morgan Canada (TSE: KML) is in the midst of a $3.4.....»»

Shares of Kinder Morgan Inc. rallied 2.9% in premarket trading Wednesday, after the energy transportation and storage company announced a deal to sell the U.S. portion.....»»

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Kinder Morgan Inc can begin work on a $2 billion natural gas pipeline without having the Texas energy regulator approve its proposed route, a state judge ruled on Tuesday......»»

With a late May deadline looming, Canadian Prime Minister Trudeau is pushing hard for both legal and financial help to ensure that Kinder Morgan's Trans Mountain pipeline expansion is completed......»»

BENGALURU (Reuters) - Kinder Morgan Canada shareholders on Tuesday backed the pipeline operator's decision to pause most work on its Trans Mountain expansion as a way to force the Canadian government to give final approval for the project......»»

Kinder Morgan is threatening to scrap the Trans Mountain pipeline expansion, raising pressure on Prime Minister Justin Trudeau to intervene on behalf of a project that has big implications for world oil markets......»»

MONTREAL/BENGALURU (Reuters) - The Canadian government on Monday said it was .....»»

ReutersKinder Morgan halts most work on disputed Canada pipeline expansionReuters(Reuters) - Kinder Morgan Canada (KML.TO) on Sunday suspended most work on a contentious C$7.4 billion ($5.8 billion) pipeline e.....»»

(Reuters) - Kinder Morgan Canada on Sunday suspended most work on a contentious C$7.4 billion ($5.8 billion) pipeline expansion that has become the focus of protests, and said it would decide by May 31 whether to continue......»»

OTTAWA (Reuters) - The Canadian government is prepared to financially shield Kinder Morgan Canada Ltd's proposed Trans Mountain pipeline expansion against unnecessary delays that are politically motivated, Finance Minister Bill Morneau said on Wednesday......»»

As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C$7.4 billion project......»»

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BloombergCanada to Buy Kinder's Trans Mountain Pipeline for $3.5 BillionBloombergCanada will buy Kinder Morgan Canada Ltd.'s Trans Mountain oil pipeline and .....»»