Midstream & Transport Monitor - January 22, 2016

The oil and gas downturn continues to sap value from midstream companies, including pipeline leviathan infrastructure company Kinder Morgan Inc. Kinder Morgan said Jan. 20 it will write down $1.15 billion in value due to a decline in the market value of KMI and similar midstream companies. Meanwhile, Global M&A in 2016 will likely surpass the hyperactive deal making that totaled $4.7 trillion in 2015, but whether the energy industry will see a surge in activity is yet unclear, according to two recent reports.