Emergency crews on Wednesday afternoon were working to put out a pipeline fire that broke out in Wharton County, the Wharton County Sheriff's Office said. The fire started near Highway 90 between East Bernard and Lissie.
Kinder Morgan said the 216-mile project will originate in Katy, Texas, and move gas volumes to the Gulf Coast’s LNG and industrial corridor beginning in 2027.
Kinder Morgan fell short of Wall Street's expectations on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condesate transported through its pipelines. The Houston,
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For several quarters now, we have pointed to expected significant new natural gas demand...those expectations are being realized,” said CEO Kim Dang.
WHARTON COUNTY, Texas – Crews are looking into what caused a large pipeline fire in Wharton County Wednesday. The fire happened around 1 p.m. in the area of Highway 90 between East Bernard and Lissie near CR 270. Highway 90 remained open during the incident and no injuries were reported.
HOUSTON (AP) — HOUSTON (AP) — Kinder Morgan Inc. (KMI) on Wednesday reported fourth-quarter net income of $667 million. On a per-share basis, the Houston-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, came to 32 cents per share.
Kinder Morgan kept its outlook for 2025 unchanged and guided for full-year adjusted earnings per share of $1.27 and adjusted earnings before interest, taxes, depreciation and amortization of $8.3 billion. Wall Street expects adjusted earnings of $1.33 per share.
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.
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Officials said that the pipeline fire has been extinguished and there were no reported injuries after going up in flames in East Bernard, Texas.