October 2020, Vol. 247, No. 10

Global News

Global News

Pipeline CEOs Expect More Consolidation in ‘Maturing’ Industry   The pipeline industry is shifting out of its growth phase, signaling that more consolidation is likely on the horizon, executives at two major operators said during separate events recently.   “As we go forward and times are continuing to be more challenging, I think you’re going to see more of that (consolidation),” CEO Willie Chiang said at the Barclays CEO Energy-Power conference.     His comments echoed those of Richard Kinder, executive chairman of Kinder Morgan, in an earlier conference call with investors.   “Looking beyond 2020, we believe we’re operating in a maturing business segment and there are opportunities fo

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