Sempra

Pacific Gas & Electric donating one million (masks and dollars) to coronavirus relief effort

Pacific Gas & Electric is donating nearly one million medical masks to California Gov. Gavin Newsom’s emergency office in response to the COVID-19 pandemic. Centered in a state which officially has gone into a “shelter in place” order by Newsom, PG&E is donating 480,000 N95 masks and 470,000 surgical masks to the Governor’s Office of Emergency Services for distribution to

Gas-fired history: EIA report shows U.S. production reaching 100 billion cubic feet per day

In a week which has rocked worldwide oil prices, the latest federal statistics show that daily U.S. natural gas production rose yet again in 2019, likely ensuring continued historic low prices for gas used in power generation. The U.S. Energy Information Administration reported this morning that domestic natural gas production rose by 9.8 billion cubic feet (Bcf/d) per day in

Sempra, Bechtel agree on EPC deal for Texas LNG project

Subsidiaries of Sempra Energy and Bechtel have signed a deal for the latter’s engineering, procurement and construction services on the Port Arthur liquefied natural gas (LNG) project along the Texas Gulf Coast. The Port Arthur LNG project will include two liquefaction trains, two LNG storage tanks, a marine berth, loading facilities and related infrastructure with a capacity of around 13.5

LNG milestone: Second liquefaction train operational at Sempra’s Gulf Coast export facility

The second train of a Louisiana Gulf Court liquefied natural gas export project is now in commercial operations, its owners announced Monday. Sempra LNG, a subsidiary of San Diego-based utility holding company Sempra Energy, reported that the Cameron LNG’s second train is now producing LNG. The liquefaction infrastructure site near Hackberry, La., takes natural gas from U.S. drilling plays and

EPC firm McDermott seeking Chapter 11 protection, selling Lummus for $2.7B

Engineering, procurement and construction contracting giant McDermott International is filing for Chapter 11 bankruptcy reorganization in an effort to eliminate more than $4.6 billion in debt. McDermott announced Tuesday a financial restructuring transaction that it says is supported by funded debt creditors. The plan also includes a Chapter 11 process to begin later Tuesday, according to the company release. “The

AEP, Eversource, PGE among utilities named in Bloomberg Gender-Equality Index

Several utilities and service companies are lauded for their diversity efforts in the new, expanded Bloomberg 2020 Gender-Equality Index. Bloomberg’s latest index now contains 325 public companies globally, up from 230 last year. The Gender-Equality Index (GEI) tracks financial performance of firms which report on gender issues and show commitment to supporting gender equality through policy, representation and transparency. “Year

Sempra Energy solidifies $10B in Texas investment with Houston regional HQ plan

San Diego-based utility holding company Sempra Energy will build a “Center of Excellence” facility in Houston. Sempra’s emergence in the liquefied natural…

Train 2 at Gulf Coast export terminal now producing LNG

The second liquefaction train at a Louisiana Gulf Coast liquefied natural gas facility is now producing LNG for future export to global power generation markets…

PG&E completes $13.5B settlement over wildfire claims

Late last week northern California utility Pacific Gas & Electric Co., along with its parent PG&E Corp., agreed to a $13.5 billion settlement with victi…

Second gas liquefaction train at Cameron LNG readying for operation

EPC firm McDermott International and partner Chiyoda International Corp. announced that the second train at its Cameron liquefied natural gas project has reache…

Gunvor signs LNG offtake deal for future Gulf Coast terminal

Liquefied natural gas trading firm Gunvor has signed a deal securing LNG off-take and gas supply with an export terminal project on the Louisiana Gulf Coast. Th…

Senegal enters the LNG race with significant offshore discoveries

At present when it comes to emerging liquefied natural gas (LNG) plays the eyes of the world are on Africa’s eastern coast and the activities around Mozambiqu…

Secured lenders supply McDermott up to $1.7B in new financing

Energy engineering and construction firm McDermott International this week announced a deal with secured lenders for up to $1.7 billion in additional financing….

Brookfield acquires 25-percent stake in $8B Dominion Energy LNG facility at Chesapeake Bay

Dominion Energy is selling a quarter stake in its East Coast liquefied natural gas (LNG) facility for more than $2 billion. Brookfield Super-Core Infrastructure…

Sempra Energy completes $2.3B sale of Chilean electricity stakes

San Diego-based Sempra Energy moved closer to completing its selloff of stakes in South American businesses. The utilty holding company announced an agreement t…