Sempra reports surge in revenue from LNG and Texas and California utility businesses but net profit drops
Sempra, the energy company with LNG assets and projects in Louisiana and Mexico as well as power and gas businesses in California and Texas, reported a jump in first-quarter revenue to $3.82 billion from $3.25Bln, though net profits fell because of one-time items and amid continued investment.
Abu Dhabi wealth fund in UAE agrees to buy stake in Sempra's US and Mexican LNG export and other assets
Sempra Infrastructure, the US company controlling Sempra LNG and its Cameron export plant at Hackberry in Louisiana and related assets in Mexico, has sold a 10 percent stake to the Abu Dhabi wealth fund in the United Arab Emirates.
Cheniere Energy applies to FERC to start full commercial services for third LNG Train at Corpus Christi
Corpus Christi Liquefaction, the Cheniere Energy subsidiary operating the export plant in Texas, has asked the Federal Energy Regulatory Commission to start full commercial service from the third LNG Train three months after commissioning cargoes started to be shipped.
Abu Dhabi gives vote of confidence to US LNG by buying over 5 percent stake in Cheniere Energy
Abu Dhabi, the wealthiest emirate in the United Arab Emirates, has taken a more than 5 percent stake in Cheniere Energy, the largest US exporter of liquefied natural gas from its Sabine Pass and Corpus Christi LNG export plants in Louisiana and Texas.
