China gas output at 4-year high in push to fill gap

January 19, 2018 0

China’s natural gas output rose in December to the highest monthly rate since at least 2014, as state energy firms rushed to fill a supply gap sparked by surging winter demand and from a drive to switch millions of households to gas from heating with coal.

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KMI reports huge 4th-quarter loss due to paper loss

January 18, 2018 0

North American pipeline giant Kinder Morgan (KMI) on Wednesday reported a fourth-quarter net loss of $1.05 billion, compared to a year-ago profit of $170 million – due to a $1.38 billion paper loss precipitated by the 2017 Tax Cuts and Jobs Act.

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