From Bloomberg Dominion sold stake in Appalachian gas pipeline last year, potential IPO would follow listing by Diamondback’s Rattler Blue Racer Midstream, a private equity-backed natural gas pipeline owner, is considering an initial public offering that could be valued at $2.5 billion, according to people familiar with the matter. The Dallas-based company, which is a 50/50 joint venture between private
Tellurian’s Driftwood, Sempra’s Port Arthur projects get DOE greenlight to export U.S. LNG to non-FTA nations It’s no small feat to take an LNG exporting business from conceptual idea for a natural gas liquefaction and export facility to the point of loading cargoes, and the Trump administration is taking the concept-to-market process seriously, moving LNG export project approvals ahead at
From S&P Global Houston — Dominion Energy has suspended construction on the full 600-mile route of the Atlantic Coast Pipeline, except for some ‘stand-down’ activities, after an appeals court stay last week, the company told the US Federal Energy Regulatory Commission Friday. Dominion said its action to halt work on the natural gas project was in response to the 4th US
Cheniere ships First LNG from Corpus Christi plant Cheniere Energy, Inc. (stock ticker: LNG) exported the first liquefied natural gas commissioning cargo from its Corpus Christi, Texas liquefaction facility this week. The export is the first from a greenfield liquefaction facility in the lower 48 states. Jack Fusco, Cheniere’s president and CEO pointed out that his company delivered the project
Dominion Midstream Partners, LP (NYSE: DM) reported unaudited net income attributable to the partnership of $23.1 million, or $0.29 per common limited partner unit for the three months ended March 31, 2016. Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA) was $24.9 million and distributable cash flow was $20.3 million for the quarter. Dominion Midstream uses Adjusted
– Station’s 1,358 megawatts can power 325,000 homes – During construction more than $824 million in economic benefits was generated – Station uses efficient technology and clean natural gas RICHMOND, Va., April 26, 2016 /PRNewswire/ — The newest member of Dominion Virginia Power’s generation fleet, the 1,358 megawatt, environmentally clean Brunswick Power Station began producing electricity for the company’s
Cove Point Begins Construction, Freeport Secures Financing Japanese/Asian Customers Lock Up Capacity of Both Projects With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove Point LNG Export project on the western shore of the Chesapeake Bay in Maryland. The estimated price tag to add
