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Politics in Oil and Gas Management: A Case Study of Kinder Morgan

   

Added on  2022-11-16

14 Pages3840 Words153 Views
RUNNING HEAD: POLITICS IN OIL AND GAS MANAGEMENT
0
KINDER MORGAN
Politics in oil and gas
management
Report
Student name
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POLITICS IN OIL AND GAS MANAGEMENT
1
Executive Summary
Kinder Morgan Company is one of the energy infrastructure company that have specialization in
the controlling the oil and gas pipelines and terminals. The aim of business is to evaluate the
corporate governance, Reputation Management, corporate social responsibility and boardroom
politics. The key findings of this report as company have 72,000 miles and 38 percent Natural
gas used in the United States. Company’s headquarters is located in Houston, Texas. The
forecasting projections of Kinder Morgan have 22.00 targets in next 12 months. By 2020, Kinder
Morgan produce as much oil and natural gas on a daily basis in United States and imports from
Venezuela, Algeria and Colombia.

POLITICS IN OIL AND GAS MANAGEMENT
2
Contents
Introduction................................................................................................................................3
Kinder Morgan...........................................................................................................................3
Corporate governance................................................................................................................3
Governance Structure..................................................................................................................4
Reputation Management............................................................................................................5
Real Example:..............................................................................................................................5
Themes.........................................................................................................................................6
Corporate social responsibility..................................................................................................6
Gross globe scope and emission program:..................................................................................7
Climate policy program:..............................................................................................................7
Proactive and reactive measures..................................................................................................8
Boardroom organization and management................................................................................9
Board room politics.....................................................................................................................9
Ethical matters...........................................................................................................................10
Behavioral challenges................................................................................................................10
Conclusion...............................................................................................................................11
Bibliography............................................................................................................................12

POLITICS IN OIL AND GAS MANAGEMENT
3
Introduction
In this report, there is a brief discussion about the corporate governance, corporate social
responsibility and board management politics in Kinder Morgan Corporation. The purpose of
this report is to evaluate the government structure of the company and other ethical matters in the
management. Corporate governance of Kinder Morgan includes internal processes, the demand
of stakeholders and government regulations. Under the discussion of the reputation, management
of Kinder Morgan influence and controlling of employees is stated. At the end of the report,
board organization and management are discussed. About Kinder Morgan
Kinder Morgan
Kinder Morgan is the biggest energy infrastructure company in North America. The
specialization of the company is controlling oil and gas pipelines and terminals. The company
holds operates under the 85000 miles of pipelines and 152 terminals. Company’s major
operational working is to transports the natural gas, carbon dioxide and refined petroleum
products in which 38% natural gas is consumed by the United States (Kinder Morgan inc., 2019).
This company is the largest transporter of petroleum products in North America. Kinder Morgan
has the largest oil and recovery projects. Company’s headquarters is located in Houston, Texas.
Corporate governance
The composition of the board of directors is part of the corporate governance which states that
there byelaws in which board of directors will be fixed by passing a general or special resolution
in the board meeting. Every director shall be a person of honesty and integrity. Third-fourth of
the directors must be independent and described under the “Director Independence”. According
to the Corporate Governance Guidelines for the BOD (Board of director), the committee has the
sole authority to retain and compensate the external independent consultants. Company has
three-segment, upstream, midstream and downstream. The exploration and production come
under the upstream segment, transportation and storage products come under the midstream

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