U.S. court ruling could threaten pipeline projects with delays [Reuters]
Kinder Morgan, Inc. (KMI)
Last kinder morgan, inc. earnings: 4/22 04:05 pm
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Source: Reuters
U.S. court ruling could threaten pipeline projects with delays WASHINGTON/NEW YORK (Reuters) - Several major U.S. oil and natural gas pipeline projects could be at risk of delays after a U.S. district judge in Montana this month said the Army Corps of Engineers had inappropriately used a national permit program, energy analysts said on Tuesday. Chief U.S. District Judge Brian Morris ruled on April 15 that the Army Corps violated federal law by issuing the so-called Nationwide Permit 12 that allows pipelines to cross water bodies because it did not adequately consult with other federal agencies on risks to endangered species and habitat. The ruling halted work on pipelines through streams and waterways, but allows other construction to continue. It’s the latest setback to TC Energy Corp’s plans to build the long-delayed Keystone XL crude pipeline to bring heavy Canadian oil from Alberta to the U.S. Midwest. But the decision could impact other projects that rely on the permit too, inclu
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News
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KMI
Earnings
- 10/16/24 - Beat
KMI
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 144/A
- 11/8/24 - Form 8-K
- KMI's page on the SEC website