Kinder Morgan’s Canada Woes Deepen With Pipeline Foes on Brink of Power

By Natalie Obiko Pearson (Bloomberg) -- Kinder Morgan Inc.’s setbacks in Canada just got more complicated. British Columbia’s New Democratic and Green parties on Tuesday signed a power-sharing agreement that will allow them to oust Premier Christy Clark as early as next month. A top pledge: Block Kinder’s C$7.4 billion ($5.5 billion) Trans Mountain pipeline expansion in the … [Read more...]

Kinder Morgan Commits to Trans Mountain Pipeline Expansion Linking Canadian Crude to Asian Markets

By Natalie Obiko Pearson (Bloomberg) -- Kinder Morgan Inc. has committed to expanding a pipeline that will allow Canadian crude to be exported to Asia, a controversial C$7.4 billion ($5.5 billion) project that’s set to face revitalized opposition amid political upheaval in the nation’s Pacific Coast province. The Houston-based company announced its final investment decision … [Read more...]