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  • OIL MARKETS

    Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.

    SECTIONS: OGJ150 | OGFJ100P
    COMPANIES | OIL MARKET WATCH

    Kinder Morgan

    (KMI)

    Kinder Morgan Energy Partners, L.P. is a leading pipeline transportation and energy storage company in North America. Kinder Morgan owns or operates approximately 26,000 miles of pipelines transporting primarily natural gas, crude oil, and petroleum products.

    News, Products and Stock Info

    Kinder Morgan closes $3 billion Hiland acquisition

    02/16/2015

    Kinder Morgan Inc. has closed its acquisition of Hiland Partners for a total purchase price of $3 billion, including the assumption of $1 billion of debt.

    Kinder Morgan to purchase Vopak US terminals and undeveloped site for $158M

    02/10/2015

    Kinder Morgan Inc. plans to purchase three terminals and one undeveloped site from Royal Vopak for $158 million.

    Kinder Morgan acquires 121 Point Breeze Terminal

    01/30/2015

    Kinder Morgan has acquired 121 Point Breeze Terminal LLC, owner of a refined petroleum products terminal serving the US Mid-Atlantic region.

    Kinder Morgan and SK LNG enter into transportation services agreement

    12/09/2014 Kinder Morgan Inc. reports that its Texas Intrastate Pipelines group has entered into a 20-year firm transportation services agreement with SK E&S LNG LLC, a subsidiary of SK E&S Co. LTD.

    Kinder Morgan closes merger transactions

    11/28/2014 Kinder Morgan Inc. has completed its acquisition of the outstanding equity securities of Kinder Morgan Energy Partners LP, Kinder Morgan Management LLC, and El Paso Pipeline Partners LP. The $76 bi...

    KMI receives shareholder, unitholder approval of merger transactions

    11/24/2014 Kinder Morgan Inc. reports that at special meetings held by each of KMI, Kinder Morgan Energy Partners LP, Kinder Morgan Management LLC, and El Paso Pipeline Partners LP, unitholders and shareholde...

    Enable Midstream Partners to join Alerian index

    11/20/2014

    Alerian reports that Enable Midstream Partners is expected to be added to the Alerian Natural Gas MLP Index, replacing El Paso Pipeline Partners in a special rebalancing.

    Kinder Morgan to expand fleet of Jones Act tankers

    11/05/2014 Kinder Morgan Energy Partners LP has closed an agreement with Crowley Maritime Corp. to purchase two Jones Act tankers for $270 million. The MT Pennsylvania and the MT Florida engage in the marine ...

    Kinder Morgan places Sierrita Pipeline in service

    10/31/2014 Kinder Morgan Energy Partners LP reports that the fully subscribed Sierrita Pipeline has begun service. The 60-mile, 36-inch-diameter pipeline provides 200 million cubic feet per day of firm transp...

    Kinder Morgan to invest $1B to expand CO2 network

    03/26/2014 Kinder Morgan Energy Partners LP will build and operate a new, 213-mile, 16-inch diameter pipeline to transport carbon dioxide from the company’s St. Johns source field in Apache County, Ariz., to ...

    Kinder Morgan Website

    http://www.kindermorgan.com/

     

    OGJ150

    Gulfport Energy names Gaydosik CFO

    Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

    Revenue, net income show small increases in 4Q2012

    May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

    Helix completes sale of oil and gas business

    Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

    Revenue, net income drop sharply in 3Q12

    Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

    OGFJ100P

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    Vantage Energy files for $400M IPO

    Jul 8, 2014

    Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

    Rock Oil increases capital commitment, adds to management

    Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

    AEPB acquires Permian leasehold for $2.5B

    Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

    FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

    Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

    Oil & Gas Companies

    Statoil adds acreage in Gulf of Mexico Central Lease Sale

    Statoil was the apparent high bidder on 14 leases in the US Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, Louisiana.

    Petroceltic accepts resignation of two directors

    Petroceltic International plc, an Irish oil and gas exploration and production company based in Dublin, has accepted the resignations of two non-executive directors, Don Wolcott and Joe Mach, effective immediately.

    ZaZa Energy updates on East Texas Lower Cretaceous operations

    ZaZa Energy Corp. has provided information on 30-day production results from its East Texas Colburn #3H horizontal well in Walker County, Texas, and the proposal of two new Buda-Rose vertical wells in its vicinity. 

    Ensco to cut onshore personnel by 15%

    On Feb. 17, Ensco plc began a workforce-reduction process, designed to reduce its onshore workforce by 15%, according to the Houston Business Journal.

    Statoil, partners submit development plan for Johan Sverdrup

    Statoil and its partners have submitted the plan for development and operation for Johan Sverdrup, Phase 1, to the Norwegian Ministry of Petroleum and Energy.

    Statoil, partners complete two-well program in Krafla area of North Sea

    Operator Statoil has, together with its PL035 partners, completed a two-well program in the Krafla area in the North Sea. The Krafla area is located 25 kilometers southwest of Oseberg South in the North Sea.

    Inpex begins production from Nasr field offshore Abu Dhabi

    Inpex Corp., through its wholly owned subsidiary, Japan Oil Development Co. Ltd. (JODCO), has begun oil production from the Nasr oil field offshore Abu Dhabi, UAE.