Hints and tips:
...Warren Buffett is pouring more money into bets on fossil fuels, with Berkshire Hathaway agreeing a $3.3bn deal to acquire Dominion Energy’s 50 per cent share in the Cove Point liquefied natural gas terminal...
...Berkshire Hathaway Energy, which already owns 25 per cent of the Cove Point plant in Maryland and manages its operations, will fund the acquisition with a combination of cash and stock....
...Dominion recently sold its 50 per cent stake in a Maryland liquefied natural gas terminal, Cove Point, to Warren Buffett’s Berkshire Hathaway for $3.3bn as it refined its focus on regulated electricity sales...
...“We figured at some point over the next few years, we’d start to see a downturn [in gas use]....
...One of Royal Dutch Shell’s biggest shareholders has dismissed activist hedge fund Third Point’s proposal to split the oil major into separate companies, saying it would be too complicated and unlikely to...
...It is not clear at this point whether either class has priority over the other....
...Point LNG plant (FT) Thames Water falls short of £1bn goal with £750mn injection (FT) Dealmakers target UK mid-market as larger transactions prove scarce (FT) China tech/Ant: Beijing tries to fix sector...
...“It was only under the Romans that the window view became a sign of the power of a family over their dominions and over nature....
...In 2019, Brookfield also bought a 25 per cent stake in Cove Point LNG, an export terminal in Maryland built by utility Dominion Energy....
...Loeb’s activist fund Third Point had called for Shell’s break-up....
...(Amanda Chu) Power Points BP chief Bernard Looney sees a “beautiful” future in clean energy. Top Australian LNG exec says his company doesn’t have enough gas for Europe if Russia cuts off flows....
...Power Points Berkshire Hathaway’s energy unit scrapped a deal to buy Dominion Energy’s Questar Pipelines, the companies said on Monday, citing uncertainty associated with regulatory approvals....
...The transaction also includes considerable storage facilities and partial ownership of the Cove Point LNG terminal, one of only six LNG export facilities in the country, which Berkshire Hathaway Energy will...
...Centred in the eastern states, the purchase includes a 25 per cent share of the Cove Point LNG port in Maryland, interstate pipelines that snake from the Marcellus gasfields to eastern markets, some gas...
...Corporate Japan — including public agencies, private banks, and trading companies — has injected more than $23bn into LNG-related projects globally since 2017, according to Global Energy Monitor....
...Another plant opened in Cove Point, Maryland, last year, with Cameron and others set to begin exporting this year....
...“[Ours] deserves credit for building our career to the point that we can sell a show.” But he does not see why CAA should end up owning a share of the profits....
...That cargo, the first to depart America’s second LNG export terminal at Cove Point, Maryland, was originally destined for Asia but instead diverted to the UK after the ‘Beast from the East’ cold snap boosted...
...Aimia said that Mittleman Brothers LLC, the company’s largest shareholder, had agreed to support the transaction and would vote in favour of it....
...The Gemmata LNG tanker, which left the newly opened Cove Point terminal in Maryland roughly 10 days ago, has turned north east 1,500km off the coast of Suriname and is said to be heading for the Dragon LNG...
...Both Dominion’s Cove Point in Maryland in the US and Novatek’s Yamal LNG in the Russian arctic are due to deliver their first cargoes later this year but the pace of supplies from new projects is uncertain...
...While PennEast is not explicitly an export-directed project, some of its methane molecules could find their way to the Cove Point LNG port in Maryland....
...Dominion Energy’s Cove Point, about 50 miles south-east of Washington, is scheduled to start producing liquefied natural gas by the end of the year....
...Some are enormous: Cove Point in the US and the Yamal facility in Russia each has a liquefaction capacity of over 5m tonnes a year....
...So far, however, just five plants have started construction: Cheniere’s Sabine Pass and its Corpus Christi project in Texas; Freeport LNG, also in Texas; Cameron LNG in Louisiana; and Cove Point LNG, on...
International Edition