Kinder Morgan said fires weren’t directly disrupting operations, but outages forced a line serving Arizona to shut down. Service has been restored.
Kinder Morgan (NYSE:KMI) said late Thursday it has shut down two of its pipelines, SFPP West and CALNEV, due to power outages linked to the wildfires now raging in southern California. The company said the pipelines are not directly impacted by the fires,
Kinder Morgan Inc said two of its Los Angeles fuel pipelines returned to service on Friday, after being shut down since Jan. 8 due to power outages caused by the most destructive wildfires in the city's history.
Kinder Morgan 's ( KMI -0.97%) dry spell has come to an end. The natural gas pipeline company had struggled to grow in recent years because of headwinds from expiring contracts. However, those headwinds have given way to new growth tailwinds.
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On January 23, Amy W Chronis, Board Member at Kinder Morgan KMI executed a significant insider buy, as disclosed in the latest SEC filing. What Happened: In a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission, it was disclosed that Chronis bought 8,010 shares of Kinder Morgan, amounting to a total of $250,072.
Fuel pipelines serving Arizona reopened Friday morning after a two-day shutdown because of wildfire-driven power outages in Southern California. Houston-based Kinder Morgan said the fires weren ...
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Shares of Sabre Gold Mines Corp. (TSE:SGLD – Get Free Report) traded up 2.7% on Thursday . The company traded as high as C$0.19 and last traded at C$0.19. 2,500 shares were traded during mid-day trading,
We continue to actively monitor the California wildfires and will work with our customers on any potential impacts', Kinder Morgan noted in a media statement sent to Rigzone.
He pointed to crude oil and natural gas pipelines in the vicinity of the Hurst Fire and Easton Fire and noted the Kinder Morgan West Line has already been shut down. It supplies some 60% of the refined products consumed in Nevada and two-thirds of the refined products consumed in Arizona.
As wildfires continue to blaze through Los Angeles, officials say they are working to ensure there are no issues pertaining to a temporary fuel pipeline interruption linked to the California fires.