After Kinder Morgan's large consolidation transaction on Monday, who are the next candidates? Mark Easterbrook, BP Capital Fund Advisors, provides perspective.» Read More
June 11- Goldman Sachs Group Inc will pay $67 million and Bain Capital Partners LLC will pay $54 million to settle their portions of a lawsuit accusing several of the world's largest private equity firms of conspiring not to outbid each other on companies they sought to buy.
David Miller's tiny $9.5 million Catalyst Insider Long/Short Fund has jumped 26 percent year to date through June 1- a performance better than any of the other 29,618 funds in the Morningstar database- by mimicking the behavior of top executives at companies large and small.
VANCOUVER, May 14- Canada unveiled new rules on Wednesday to enhance pipeline safety and spill response, ahead of the development of new projects proposed to carry crude from Alberta's oil sands to coastal ports for export.
BOSTON/ JAKARTA/ MELBOURNE, May 13- Billionaire Tom Steyer has rapidly become one of America's most visible environmental advocates, vowing to punish lawmakers who don't oppose climate change and pledging to spend up to $100 million to put the issue center stage in the Nov. 4 elections.
Bond-fund managers at Loomis Sayles, Fidelity and Eaton Vance are trouncing their benchmarks and almost all their peers by taking advantage of asset allocation rules that permit as much as 35 percent of their holdings in stocks.
NEW YORK, May 4- Rail car makers, little-known winners of the North American energy boom, are capturing the attention of fund managers and regulators alike.
April 28- El Paso Pipeline Partners LP said it would buy natural gas assets from Kinder Morgan Inc for about $2 billion, including $1.01 billion of debt. El Paso, a master limited partnership with a general partner owned by Kinder Morgan Inc, plans to fund the deal with with EPB units issued to Kinder Morgan Inc as well as proceeds from debt or equity issues.
April 28- El Paso Pipeline Partners LP said it would buy natural gas assets from Kinder Morgan Inc for about $2 billion, including $1.01 billion of debt.
NEW YORK, April 24- A fire was still raging at Williams Companies Inc's natural gas processing plant in southwestern Wyoming on Thursday, a day after an explosion rocked the site, disrupting supplies in a hub in the Rockies. With the length of the outage unknown, traders said the cash natural gas basis in the Western United States was stronger on Thursday.
*Carmen Segarra denied whistleblower protection over firing. NEW YORK, April 23- A federal judge on Wednesday dismissed a lawsuit against the Federal Reserve Bank of New York by a former bank examiner who claimed the Fed fired her after she refused to change certain findings about Goldman Sachs Group Inc..
CALGARY/ VANCOUVER April 21- Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project.
HOUSTON/ NEW YORK, April 6- High-yielding energy partnerships have lured billions in capital from investors in the past few years and the returns have often matched or beaten expectations.
VANCOUVER, April 2- Canada's energy regulator said on Wednesday it would hold hearings on Kinder Morgan Energy Partners LP's proposed expansion of the Trans Mountain oil pipeline from Edmonton to Vancouver, with its review expected to wrap up in mid-2015.
Mad Money host Jim Cramer speaks to Kinder Morgan's CEO Rich Kinder about the company's strong quarter, and the future of global energy.
Jill Cuniff, Edge Asset Management, explains why energy stocks like Kinder Morgan and Union Pacific have room to go higher.
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.