KMI makes affiliate IPO as part Trans Mountain Expansion FID

Kinder Morgan Inc. will make a final investment decision for the Trans Mountain Expansion Project (TMEP) crude oil pipeline in conjunction with indirect subsidiary Kinder Morgan Canada Ltd. (KML), conditional on successful completion of an initial public offering of KML stock to take place not later than May 31. Source: News


Gatto appointed Callon Petroleum CEO after death of Fred Callon

Joseph Gatto Jr. will assume the role of chief executive officer at Callon Petroleum Co., Natchez, Miss., after the sudden passing on May 24 of Fred Callon. L. Richard Flury will become nonexecutive chairman. Source: News


Targa to build Permian-to-Mont Belvieu NGL pipeline

Targa Resources Corp., Houston, plans to construct a common carrier NGL pipeline to transport volumes from the Permian basin, and also from Targa’s North Texas system, to the company’s fractionation and storage complex at Mont Belvieu, Tex. Source: News


Atlantic Council: Putin regime uses Gazprom to fund aggression

Vladimir Putin’s regime is using Gazprom, Russia’s national natural gas company, to fund aggression ranging from bribery of other countries’ officials and undermining their regulatory efforts to planting false news reports aimed at disrupting their elections, an Atlantic Council issue brief has charged. Source: News