Dominion Energy isn’t throwing out the old (fossil fuels generation) for the new (zero-carbon investments) but the executive team is mounting what may be the industry’s largest regulated decarbonization investment ever. Executive Chairman Tom Farrell, CEO Bob Blue and CFO Jim Chapman shared a microphone earlier this month to discuss fourth quarter and full-year 2020…
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An affiliate of Warren Buffett’s Berkshire Hathaway Inc. on Monday became the operator of the Cove Point liquefied natural gas (LNG) export terminal in Lusby, MD, as part of a $9.7 billion acquisition from Dominion Energy Inc. The sale of the majority of the assets in the transaction announced in July were completed Monday, Richmond,…
A Berkshire Hathaway Inc. affiliate will take over operations of the Cove Point liquefied natural gas (LNG) export terminal after it agreed to acquire a 25% stake in the facility as part of a broader $9.7 billion deal to buy Dominion Energy Inc.’s natural gas transmission and storage segment. Dominion will retain a 50% passive…
FERC staff has issued a final environmental impact statement (FEIS) for EQM Midstream Partners LP’s Southgate Project, which would involve the construction and operation of 75 miles of 16-inch and 24-inch diameter interstate natural gas transmission pipeline in Virginia and North Carolina.
Dominion Energy has agreed to acquire from Southern Co. select marine liquefied natural gas (LNG) assets in a deal that supports a broader, more aggressive goal of achieving net zero emissions by 2050.
Dominion Energy Inc. has agreed to sell a 25% stake in its Maryland-based Cove Point liquefied natural gas (LNG) operation to Brookfield Asset Management Inc. in a deal valued at more than $2 billion, the company announced Monday.
FERC on Friday gave Dominion Energy Cove Point LNG LP the all-clear to start service on its Eastern Market Access Project, a 150,000 Dth/d brownfield expansion designed to meet utility demand in the greater Washington, DC, region.
Dominion Energy Transmission Inc. has canceled its Sweden Valley Project and terminated the project’s application with FERC.
Environmental group Otsego 2000’s request to set aside FERC’s decision to allow Dominion Transmission Inc. to construct and operate compression facilities for its New Market Project has been dismissed by the United States Court of Appeals for the District of Columbia (DC) Circuit.
Despite otherwise strong performance across Dominion Energy’s business segments, unusually mild weather in Virginia and South Carolina during the first quarter reduced the company’s overall earnings, management said Friday.