The parties expect to execute a binding LNG SPA and definitive equity agreements with terms substantially equivalent to those in the HoA, with the SPA and equity agreements subject to a number of conditions.Nasir K. Al-Naimi, Aramco Upstream President, said: "We are excited to take this next step into the LNG sector. As a potential strategic partner in the Port Arthur LNG Phase 2 project, Aramco is well placed to grow its gas portfolio with the aim of meeting the world's growing need for lower-carbon source ...

SAN DIEGO, June 21, 2024 /PRNewswire/ -- The Sempra Foundation, founded and solely funded by Sempra (NYSE: SRE) (BMV: SRE), today announced a charitable contribution to the American Red Cross to support the distribution of critical resources and services to those impacted by the South Fork and Salt fires in southern New Mexico."As part of its mission, the Sempra Foundation aims to improve community resilience in the face of increasing severe weather events," said Lisa Larroque Alexander, chair of the Sempra ...

SAN DIEGO, June 20, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced the appointment of Jennifer M. Kirk to the company's board of directors effective June 20, 2024. Kirk is currently the global controller and chief accounting officer of Medtronic plc (NYSE: MDT) and has deep executive experience in finance, accounting and capital market activities, including more than 20 years in the energy industry.Jennifer M. Kirk"Bringing new perspectives into the boardroom is a critical component of o ...

LOS ANGELES, June 13, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) added Ford E-Transit electric vans into its fleet, as part of its ASPIRE 2045 sustainability strategy, working towards its goals to replace 50% of its over-the-road fleet1 with alternative fuel vehicles (AFV) by 2025 and operate a 100% zero-emissions fleet by 2035. The introduction of 21 new Ford E-Transit vans represents a milestone for SoCalGas as the first battery electric vehicles to be integrated into the company's fleet. ...

LOS ANGELES, June 7, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) will help Labor Community Services (LCS) by bringing 100 volunteers to help sort over 1.8 million pounds of food donations collected through the 32nd Annual National Association of Letter Carriers' (NALC) "Stamp Out Hunger" Food Drive. The company will also present a $25,000 donation to LCS for groceries, which could aid approximately 1,000 families facing food insecurity for up to five days.SoCalGas Volunteers to Help Sort 1.8 ...

A month has gone by since the last earnings report for Sempra (SRE) . Shares have added about 1.7% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sempra due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Sempra Q1 Earnings Miss Estimates, Revenues Decline Y/Y Sem ...

Sempra Energy (SRE) benefits from systematic investments that will enhance the reliability of its operations, which will allow it to meet the rising demand from an expanding customer base. The company is also expanding its LNG operation and will be among the leading LNG exporters in the United States. However, this Zacks Rank #3 (Hold) company faces risks like project development disruptions, power outages and property damages, which act as a headwind. Tailwinds Sempra has a capital investment plan of $40.4 ...

LOS ANGELES, May 30, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on July 15, 2024, to shareholders of record on June 10, 2024. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aim ...

The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partners, and supply chain.LOS ANGELES, May 23, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced that it has received the prestigious "Organizational Leadership Award" from The Climate Registry (TCR) at the Climate Leadership Conference in Cleveland, Ohio. The award recognizes the utilit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Former name, former address I.R.S. and former Employer fiscal year, if Commission Exact Name of Registrant as Specified in its Charter, State of Identifica ...