Sempra Energy announced Thursday it has signed a non-binding sale to Tractebel of up to one-third of the throughput capacity of its proposed 1.5 Bcf/d liquefied natural gas (LNG) terminal at Cameron, LA. It expects to have a definitive, 20-year contract by June 30. But it also has been fighting off perceptions of legal complications surrounding a second North American LNG project — its Engeria Costa Azul proposed terminal in North Baja — triggered by local opponents of the project.
sale
Articles from sale
Sempra Makes Major Baja LNG Sale; Class Action Lawsuit Set for Trial
Despite the dark shadow of a multi-billion-dollar, class-action lawsuit, alleging wholesale natural gas price manipulation, set for trial, San Diego-based Sempra Energy found plenty of reason to celebrate last week. The company negotiated a 15-year, $1.4 billion agreement to deliver to Mexico’s federal power agency a large portion of the liquefied natural gas (LNG) supplies that will arrive at its proposed North Baja receiving terminal.
January 17, 2005
Clearinghouse Sells $39M in Hybrid Auction, 32% Via Internet
The Oil & Gas Asset Clearinghouse sold more than $39 million in properties at the hybrid auction held Nov. 10 in Houston, offering 282 lots for sale. About 330 registered bidders competed for properties, with 32% bidding via the Internet.
November 29, 2004
Clearinghouse Sells $39M in Hybrid Auction, 32% Via Internet
The Oil & Gas Asset Clearinghouse sold more than $39 million in properties at the hybrid auction held Nov. 10 in Houston, offering 282 lots for sale. About 330 registered bidders competed for properties, with 32% bidding via the Internet.
November 24, 2004
Clearinghouse Sells $39M in Hybrid Auction, 32% Via Internet
The Oil & Gas Asset Clearinghouse sold more than $39 million in properties at the hybrid auction held Nov. 10 in Houston, offering 282 lots for sale. About 330 registered bidders competed for properties, with 32% bidding via the Internet.
November 24, 2004
El Paso Merchant to Step Up Gas Sales Under New Name, Focus
With the sale of its domestic power portfolio nearly complete, El Paso Corp. said Thursday that it is transforming its merchant energy business with a new name and a new focus: marketing the natural gas produced by the company’s exploration and production (E&P) business and by other producers.
November 15, 2004
El Paso Merchant to Step Up Gas Sales Under New Name, Focus
With the sale of its domestic power portfolio nearly complete, El Paso Corp. said Thursday that it is transforming its merchant energy business with a new name and a new focus: marketing the natural gas produced by the company’s exploration and production (E&P) business and by other producers.
November 12, 2004
El Paso Merchant to Step Up Gas Sales Under New Name, Focus
With the sale of its domestic power portfolio nearly complete, El Paso Corp. said Thursday that it is transforming its merchant energy business with a new name and a new focus: marketing the natural gas produced by the company’s exploration and production (E&P) business and by other producers.
November 12, 2004
Williams CEO Says Restructuring ‘Essentially Complete’
Since the sale of $9 billion in assets, massive layoffs throughout the company and a debt burden that shook it to its knees, Williams is on the mend, reporting Thursday that it not only beat Wall Street’s earnings forecast, but also raised its full-year 2004 guidance on near-record margins in its natural gas liquids (NGL) processing business.
November 8, 2004
Williams CEO Says Restructuring ‘Essentially Complete’
Since the sale of $9 billion in assets, massive layoffs throughout the company and a debt burden that shook it to its knees, Williams is on the mend, reporting Thursday that it not only beat Wall Street’s earnings forecast, but also raised its full-year 2004 guidance on near-record margins in its natural gas liquids (NGL) processing business.
November 5, 2004
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
