Diego

San Diego-based Sempra Energy’s lawyers were told Aug. 6 that a Mexican federal district court in North Baja California “unofficially” was notified that an original Ensenada judge was granted his recusal request due to “conflict of interest” in the ongoing legal battle between Sempra and a would-be owner of 220 acres adjacent to the Sempra Energia Costa Azul liquefied natural gas (LNG) receiving terminal.

San Diego-based Sempra Energy’s lawyers were told last Friday that a Mexican federal district court in North Baja California “unofficially” was notified that an original Ensenada judge was granted his recusal request due to “conflict of interest” in the ongoing legal battle between Sempra and a would-be owner of 220 acres adjacent to the Sempra Energia Costa Azul liquefied natural gas (LNG) receiving terminal.

San Diego-based Sempra Energy and the Royal Bank of Scotland (RBS) on Thursday said RBS Sempra Commodities, their joint venture trading unit, had completed its previously announced $1.6 billion sale of select operations to J.P. Morgan, the investment banking arm of JPMorgan Chase & Co. It includes the joint venture’s European and Asian operations.

San Diego-based Sempra Energy and the Royal Bank of Scotland (RBS) on Thursday said RBS Sempra Commodities, their joint venture trading unit, had completed its previously announced $1.6 billion sale of select operations to J.P. Morgan, the investment banking arm of JPMorgan Chase & Co. It includes the joint venture’s European and Asian operations.

San Diego-based Sempra Energy’s liquefied natural gas (LNG) unit reported late Monday that a Mexican federal appeals court has revoked a June 17 district court order directing Mexican regulatory agencies to suspend Sempra’s authorizations for operating the Energia Costa Azul LNG receiving terminal north of Ensenada along the Pacific Coast of North Baja California. Another hearing in the long-running dispute is set for July 6.

San Diego-based Sempra Energy’s pipeline/storage unit on Monday completed the $300 million purchase of El Paso Corp.’s natural gas pipeline and infrastructure assets in Mexico. Sempra Pipelines & Storage said it closed the buy for $260 million, net of cash and debt.

For the first time, San Diego-based Sempra Energy reported Thursday that its liquefied natural gas (LNG) business unit was in the black at the end of 2009, and the prospects are good for substantially greater profits this year from its Energia Costa Azul LNG terminal along the North Baja California Pacific Coast in Mexico and at Cameron along the Louisiana Gulf of Mexico coast.

For the first time, San Diego-based Sempra Energy reported Thursday that its liquefied natural gas (LNG) business unit was in the black at the end of 2009, and the prospects are good for substantially greater profits this year from its Energia Costa Azul LNG terminal along the North Baja California Pacific Coast in Mexico and at Cameron along the Louisiana Gulf of Mexico coast.

Despite short- and long-term contracts for liquefied natural gas (LNG) supplies at its newest of two North American LNG terminals, San Diego-based Sempra Energy remains unconcerned about the lack of any commercial shipments through its new Cameron, LA, facility in the third quarter, executives said last Monday.