LNG

US investor Warren Buffett, whose Berkshire Hathaway group has a stake in the Cove Point LNG export plant in Maryland and a growing stake in US exploration and production company, Occidental Petroleum, revealed that he had stakes in Japan’s five main trading houses with their widespread energy assets and intended to buy more Japanese shares.

Dominion Energy’s $9.7 billion deal to sell its gas transmission and gas storage assets to Berkshire Hathaway Energy is a triumph for America’s most celebrated investor Warren Buffett, also known as the Oracle of Omaha, his birthplace in the state of Nebraska.