Sempra

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.

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.

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.

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

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.

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.

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.

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.

Sempra Energy on Monday said its liquefied natural gas (LNG) unit has a memorandum of understanding with a Chinese operator to provide supply for the country’s power generation sector.