Sempra

Mexico Business Group Calls for Shift in Energy Policy as Exports, Economy in Decline

Mexico Business Group Calls for Shift in Energy Policy as Exports, Economy in Decline

Mexican business chamber Confederación Patronal de la República (Coparmex) has issued a statement warning that Mexican energy policy as outlined in a memorandum from President Andrés Manuel López Obrador to energy sector regulators is damaging to investor confidence at a time when the country desperately needs to jumpstart economic activity. Mexico’s gross domestic product (GDP)…

August 13, 2020
Sempra Still Bullish on Natural Gas, Including Exports, Eyeing Hydrogen for Future Prospects

Sempra Still Bullish on Natural Gas, Including Exports, Eyeing Hydrogen for Future Prospects

With phase one of the Cameron, LA, liquefied natural gas (LNG) export project now complete, top executives at San Diego-based Sempra Energy on Tuesday talked bullishly about natural gas, as well as the future prospects for hydrogen. CEO Jeff Martin said during a quarterly conference call the Cameron export facility was “substantially completed,” with commercial…

August 6, 2020
Sempra Records Liabilities for Aliso Natural Gas Storage

Sempra Records Liabilities for Aliso Natural Gas Storage

Sempra Energy has revealed a one-time $72 million charge for litigation related to the 2015-16 methane leak at the Southern California Gas Co. (SoCalGas) Aliso Canyon Storage Field.

May 11, 2020
Sempra Shrugs Off Covid-19 in Profitable 1Q2020; Customer Base in Texas Grows

Sempra Shrugs Off Covid-19 in Profitable 1Q2020; Customer Base in Texas Grows

While some liquefied natural gas (LNG) and Mexican operations have been slowed, Sempra Energy’s U.S. utilities helped carry the energy infrastructure holding company to increased profits in 1Q2020.

May 5, 2020
LNG Recap: Port Arthur FID Delayed as Freeport, Elba Terminals Ramp Up New Trains

LNG Recap: Port Arthur FID Delayed as Freeport, Elba Terminals Ramp Up New Trains

Sempra Energy on Monday said it would delay a final investment decision (FID) on its Port Arthur liquefied natural gas (LNG) export project under development east of Houston.

May 4, 2020
4Q2019 Earnings: Sempra Sees Opportunities in U.S. Natural Gas Utilities, LNG Exports

4Q2019 Earnings: Sempra Sees Opportunities in U.S. Natural Gas Utilities, LNG Exports

Sempra Energy’s management team is pinning growth on California and Texas utilities, as well as a revival in liquefied natural gas (LNG) growth.

February 28, 2020
Sempra, Aramco Move Closer to FID on Port Arthur LNG

Sempra, Aramco Move Closer to FID on Port Arthur LNG

Sempra Energy and Saudi Arabia Oil Co., aka Aramco, have taken another step toward developing the Port Arthur LNG export project in Jefferson County, TX, east of Houston.

January 6, 2020

Sempra to Make Final Investment Decisions on Added LNG Project Early 2020

San Diego-based Sempra Energy expects to reach final investment decisions (FID) during the first half of next year for liquefied natural gas (LNG) expansion projects while it finishes construction of its second and third liquefaction trains at the Cameron, LA, LNG export site.

November 4, 2019

Sempra, Mitsui Reach MOU for Next Phase of Cameron LNG

Mitsui & Co. Ltd. plans to increase its exposure to the growing North American liquefied natural gas (LNG) export business, reaching a preliminary agreement to purchase supply from the next phase of Sempra Energy’s Cameron LNG terminal.

October 28, 2019
Gulf Coast LNG Projects Ready to Play Let’s Make A Deal

Gulf Coast LNG Projects Ready to Play Let’s Make A Deal

U.S. natural gas exports have barely touched the global markets, and buyers with Gulf Coast projects underway are tapping at the doors to secure supply for the next wave.

October 22, 2019
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