Apparently not worried about the current slump in the oil prices, two giants in the energy sector have agreed to double down through a joint venture to acquire 15 refined oil products terminals and associated infrastructure. BP, the British multinational company that is one of the world’s “supermajor” oil and gas companies, will be partnering with Houston-based Kinder Morgan, an energy company that operates a large network of natural gas and refined petroleum products pipelines and is the largest energy infrastructure company in North America, according to recent announcements issued by both companies.
Melissa Ruiz, Kinder Morgan’s manager of corporate communications, recently discussed the collaboration of Kinder Morgan with BP in an emailed statement.
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