Dominion

Southwest Gas Spurns Icahn, Offers Dominion $2B for Questar Natural Gas Systems

Southwest Gas Spurns Icahn, Offers Dominion $2B for Questar Natural Gas Systems

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…

October 6, 2021
Dominion Seeking New Buyer for Questar Natural Gas Assets After Scrapping Berkshire Hathaway Deal

Dominion Seeking New Buyer for Questar Natural Gas Assets After Scrapping Berkshire Hathaway Deal

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…

July 13, 2021
Dominion Cleaning by Greening, but Natural Gas Not a Goner

Dominion Cleaning by Greening, but Natural Gas Not a Goner

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…

February 23, 2021
Berkshire Hathaway Taking Over Cove Point LNG from Dominion

Berkshire Hathaway Taking Over Cove Point LNG from Dominion

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,…

November 3, 2020
LNG Recap: Berkshire Hathaway Affiliate to Takeover Operations at Cove Point

LNG Recap: Berkshire Hathaway Affiliate to Takeover Operations at Cove Point

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…

July 6, 2020

FERC Staff Issues FEIS for MVP Southgate Project

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.

February 14, 2020

4Q2019 Earnings: Dominion Ups Stakes in ACP, Targets Net Zero Emissions by 2050

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.

February 12, 2020
Dominion Sells 25% Stake in Cove Point; Cameron Train 2 Advances

Dominion Sells 25% Stake in Cove Point; Cameron Train 2 Advances

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.

October 21, 2019

Dominion’s Eastern Market Access Project Gets Green Light by FERC

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.

August 30, 2019

Dominion Cancels Sweden Valley Pipeline for Appalachia Gas Takeaway, Citing FERC Inaction

Dominion Energy Transmission Inc. has canceled its Sweden Valley Project and terminated the project’s application with FERC.

July 2, 2019
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