Dominion

Enbridge Inc.’s chief executive touted the Canadian company’s efforts to further expand in the United States – on the Gulf Coast and elsewhere – as part of a bid to capitalize on expected long-term natural gas demand in North America and overseas. The Calgary, AB-based company, already a major force in Canadian and American energy,…

Enbridge Inc. agreed late Tuesday to spend $9.4 billion to become the top North American natural gas utility operator in North America with the purchase of three Dominion Inc. systems, which, once completed, would deliver 9.3 Bcf/d to seven million U.S. and Canadian customers. The Dominion systems to be sold, East Ohio Gas Co., Public…

An affiliate of Warren Buffett’s Berkshire Hathaway Inc. has agreed to boost its ownership stake in the Cove Point LNG export terminal in Lusby, MD, to 75% in a deal valued at $3.3 billion. Berkshire Hathaway Energy (BHE) said it would purchase Dominion Energy Inc.’s 50% stake, leaving Brookfield Infrastructure Partners with 25% interest in…

Freshly optimistic following recent legislative intervention to move its long-delayed natural gas project across the finish line, Mountain Valley Pipeline LLC (MVP) is now turning its attention to its Southgate extension, a recent FERC filing shows. MVP last week asked the Federal Energy Regulatory Commission for a two-year extension of time to finish construction of…

The increased demand and value of U.S. LNG has inspired Cove Point LNG to pursue a new project that could help it export as much natural gas overseas as possible, management disclosed in a letter to FERC. Cove Point LNG LP has filed a preliminary request to the Federal Energy Regulatory Commission for a small…

Snubbing calls to quash the deal by activist investor Carl Icahn, Southwest Gas Holdings Inc. has offered to pay Dominion Energy Inc. nearly $2 billion for Questar Pipeline LLC, which includes a bundle of Rocky Mountain natural gas transmission assets. The Las Vegas holding company purchases, distributes and transports natural gas to more than two…

Dominion Energy is looking for a new buyer of its Questar Pipelines after a deal to sell the Rockies natural gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc. was scuttled. Dominion and Berkshire Hathaway Energy jointly announced the decision to terminate the deal on Monday, citing the “ongoing uncertainty associated with…

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…

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,…