Dominion Energy Inc. plans to cut $1 billion in capital expenditures (capex) over the next two years and recently issued $500 million of common equity to its aftermarket program in an effort to improve its negative credit rating and support its balance sheet, the company said Monday.
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Articles from Dominion
Atlantic Coast Pipeline Can Start Tree Clearing, FERC Says
FERC has approved limited tree felling activities for the Atlantic Coast Pipeline (ACP), a step forward for a project that continues to encounter vocal pushback from opposition groups and is still seeking final approval on some state-level permits.
Dominion, Scana CEOs Urge South Carolina Regulators to Accept $14.6B Merger
The heads of Dominion Energy Inc. and Scana Corp. told South Carolina regulators that the state could either accept Dominion’s proposed $14.6 billion offer to buy Scana, or they could watch the troubled public utility potentially fall into bankruptcy.
Report Says Dominion Cove Point LNG Facility Delayed Until March
Liquefied natural gas (LNG) exports from Dominion’s Cove Point terminal on Chesapeake Bay will reportedly be delayed until March.
India Utilities Attempting to Renegotiate U.S., Aussie LNG Contracts
India’s minister for oil and natural gas said a state-owned gas utility has been trying to renegotiate separate contracts with Cheniere Energy Inc. and Dominion for importing liquefied natural gas (LNG), with the most recent discussions occurring last month.
NGI The Weekly Gas Market Report
LNG Tanker Heading to Cove Point to Help Complete Commissioning Process
A liquefied natural gas (LNG) tanker is approaching Dominion’s new export facility on Chesapeake Bay in Maryland, and was expected to dock there Thursday to assist with the commissioning process, according to analysts and three websites that track the movement and position of seafaring vessels.
NGI The Weekly Gas Market Report
Dominion Introduces Feed Gas at Cove Point LNG Facility
Dominion Energy Cove Point LNG LP said it introduced feed gas Tuesday into its new liquefied natural gas (LNG) export facility on the Chesapeake Bay in Lusby, MD, as it moves closer to commencing commercial production.
Atlantic Coast Pipeline to Have All State Permits by Mid-December, Dominion Says
Dominion Energy Inc. expects to complete the permitting phase of its 600-mile, 1.5 Bcf/d Atlantic Coast Pipeline (ACP) by mid-December, securing all necessary state approvals by that time despite pushback from project opponents, management said Monday.
FERC Okays Commissioning at Cove Point LNG
FERC has given Dominion Energy Cove Point LNG LP permission to perform commissioning activities and approved a pair of variance requests at its liquefied natural gas (LNG) export facility on the Chesapeake Bay in Lusby, MD.
Dominion South Boosted as Rover Phase 1A Now Flowing 600 MMcf/d-Plus
Energy Transfer Partners LP’s Rover Pipeline was flowing just above 600 MMcf/d out of eastern Ohio Wednesday after ramping up over the holiday weekend, helping to lift Appalachian Basin prices amid recent weakness at regional hubs.