Tag: Kinder Morgan

Kinder Morgan moves forward with renewable diesel hub in Southern California

Kinder Morgan moves forward with renewable diesel hub in Southern California

February 8, 2022 |

In Texas, Kinder Morgan, Inc. announced the receipt of the necessary commercial commitments to move forward with the permitting and construction of a renewable diesel hub in Southern California. Once constructed, the Southern California renewable diesel hub will enable customers to aggregate renewable diesel batches (R99) in the Los Angeles area and move them on […]

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Kinder Morgan teams with Neste to create renewables feedstock storage and logistics hub

Kinder Morgan teams with Neste to create renewables feedstock storage and logistics hub

September 13, 2021 |

In Louisiana, Kinder Morgan, Inc. is partnering with Neste to create a premier domestic raw material storage and logistics hub in the United States, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals. Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary […]

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Kinder Morgan closes $310M acquisition of Kinetrex Energy

Kinder Morgan closes $310M acquisition of Kinetrex Energy

August 23, 2021 |

In Texas, Kinder Morgan, Inc. closed on its previously announced acquisition of Kinetrex Energy. The $310 million acquisition includes two small-scale, domestic LNG production and fueling facilities, a 50% interest in a landfill-based renewable natural gas (RNG) facility in Indiana and signed commercial agreements for three additional RNG facilities with construction to begin shortly. Kinetrex […]

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Kinder Morgan to purchase RNG developer Kinetrex Energy for $310M

Kinder Morgan to purchase RNG developer Kinetrex Energy for $310M

July 17, 2021 |

In Texas, Kinder Morgan, Inc. agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million. Kinetrex has a 50% interest in the largest RNG facility in Indiana as well as signed commercial agreements to begin construction on three additional landfill-based RNG facilities. Once operational next year, total annual RNG production […]

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Kinder Morgan forms Energy Transition Ventures group to invest in renewables

Kinder Morgan forms Energy Transition Ventures group to invest in renewables

March 15, 2021 |

In Texas, Kinder Morgan, announced that it has formed a new Energy Transition Ventures group within Kinder Morgan to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition. The group will focus on broadening Kinder Morgan’s reach beyond the low-carbon energy initiatives currently in development by KMI’s business units.  The team consists […]

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Kinder Morgan expanding ethanol storage capacity by 105,000 barrels

Kinder Morgan expanding ethanol storage capacity by 105,000 barrels

January 27, 2020 |

In Illinois, Tank Storage Magazine reports that among other investment projects, Kinder Morgan is installing an additional 105,000 barrels worth of ethanol storage at its various facilities, including the key Argo hub and its Chicago facility. Investments will also include increased rail loading and unloading capacity as well as for barging loading. ADM came under […]

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Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

February 20, 2019 |

In Illinois, Reuters reports that in an effort to slow falling ethanol prices as a result of a supply glut and in response to ADM flooding the benchmark Argo terminal since late 2017, Kinder Morgan will expand its barge-loading capacity to help increase the flow of ethanol towards coastal markets with higher prices. The number […]

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Kinder Morgan diverting ethanol from Argo terminal for second time this year

Kinder Morgan diverting ethanol from Argo terminal for second time this year

May 15, 2017 |

In Illinois, Kinder Morgan began diverting ethanol trucks away from its Argo terminal on Thursday for the second time this year due to lack of storage availability. Supplies were directed towards nearby Stony Island facility. The diversion also took place in February when storage facilities were similarly at capacity. Though Midwest stocks fell during the […]

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Midwest ethanol prices to fall as Kinder Morgan diverts shipments away from Argo

Midwest ethanol prices to fall as Kinder Morgan diverts shipments away from Argo

February 14, 2017 |

In Illinois, although ethanol producers have slowed down production rates in line with recently-negative margins, a lack of storage at Kinder Morgan’s Argo facility has forced the company to stop shipping ethanol to the key transportation hub as of noon Tuesday. Instead, it is being diverted to nearby Stony Island for an undetermined amount of […]

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Georgia’s legislature halts Kinder Morgan’s $1 billion pipeline

Georgia’s legislature halts Kinder Morgan’s $1 billion pipeline

March 31, 2016 |

In Georgia, the state’s legislature has approved a bill that halts Kinder Morgan’s planned $1 billion ethanol, gasoline and diesel Palmetto Pipeline project that would transport fuel across 360 miles from South Carolina through Georgia and into Florida. The bill puts a one-year moratorium on permits for all petroleum pipelines in the state. Landowners in […]

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