Value fund manager Bayard Closser just launched an energy MLP fund. With a focus on high yield pipelines, it aims to be a long-term play.» Read More
Kinder Morgan is bringing its units under one roof in a $70 billion deal that reshapes the oil and gas pipeline company.
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Kinder Morgan Energy Partners will buy natural gas pipeline operator Copano Energy for $3.22 billion to tap into growing demand for infrastructure in Texas and Oklahoma.
Phillips 66 confirmed that the region's second-largest refinery, the 238,000 barrel-per-day Bayway plant in New Jersey, would likely be shut for another two to three weeks as repairs are carried out, primarily on electrical equipment damaged by saltwater, as Reuters reported earlier.
But the outlook for supplies dimmed as Phillips 66 confirmed that the region's second-largest refinery, the 238,000 barrel-per-day Bayway plant in New Jersey, would likely be shut for another two to three weeks as repairs are carried out, primarily on electrical equipment damaged by saltwater, as Reuters reported earlier.
*Supply worries remain in New York, New Jersey. More supplies arrived in the New York and New Jersey region aboard barges and restarted pipelines. There was no word on progress at two idled New Jersey refineries, which account for a quarter of the region's capacity.
Supplies were arriving in the New York and New Jersey region aboard barges and restarted pipelines, but there were still long lines at gasoline stations, some struggling with depleted inventories and power outages.
*Colonial Pipeline: commercial power restored at Linden. *Fuel shortages remain in New York and New Jersey. Commercial power was restored at Colonial Pipeline's key terminal in Linden and the company was delivering to seven terminals on Sunday out of the 20 connected to the facility.
*Colonial Pipeline: commercial power restored at Linden. *Fuel shortages remain in New York and New Jersey. NuStar Energy LP, whose Linden terminal had sustained severe damages after Sandy, said it hoped to restore pipeline and barge deliveries ``very soon.''.
*Fuel shortages remain in New York and New Jersey. NEW YORK, Nov 4- More fuel terminals came back online in the New York harbor network on Sunday as mainline power was restored nearly a week after super storm Sandy, but gasoline shortages persisted and some major facilities remained idle.
Nov 4- Energy companies in New York and New Jersey brought more facilities online after commercial power was restored on Sunday but fuel shortages continued to trouble the region with some facilities still offline nearly a week after Hurricane Sandy hit the U.S.
NEW YORK, Nov 1- New Jersey Natural Gas o n T hursday shut down part of its pipeline system that serves the state's barrier islands, one of the areas most damaged by Hurricane Sandy's high winds and storm surge. ``Literally digging through rubble, we have found some of our exposed, broken pipes with flare-ups on the ends of them,'' said Micah Rasmussen, a spokesman.
NEW YORK, Nov 1- Logistical problems caused by power failures and navigational hazards from storm Sandy continued to roil New York Harbor on Thursday, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts.
NEW YORK, Nov 1- Huge logistical problems from power failures and navigational hazards roiled the massive New York Harbor oil hub in the wake of Hurricane Sandy on Thursday, threatening widespread delays in fuel deliveries off the New York Mercantile Exchange's futures contracts.
HOUSTON-- Kinder Morgan Inc. said Wednesday its third-quarter net income rose nearly 32 percent as the nation's largest natural-gas pipeline operator benefited from its acquisition of El Paso Corp in May.
Oct 11- Kinder Morgan Inc:. *Intends to recommend to its board of directors a dividend of $0.36 per share. for the third quarter of 2012.
NEW YORK, Oct 11- Kinder Morgan Inc:. *Shares off 3 percent after the bell on stock offering announcement. ( (New York Treasury Desk; Tel: 223 6300)).
SAN FRANCISCO, Oct 10- Record-high retail prices for gasoline in California began to ease on Wednesday, receding from an unprecedented jump to $5 a gallon in some areas, even as further refinery disruptions threatened to slow the decline.