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Tokyo Gas Co.,Ltd. (TKGSY)

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12.13-0.56 (-4.41%)
At close: 12:38PM EST
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  • Reuters

    Update on Chevron inspections of Gorgon LNG plant due Friday - regulator

    Western Australia's industrial safety regulator said it will provide an update later on Friday on the outcome of Chevron Corp's inspections of two of the three processing units at its giant Gorgon liquefied natural gas (LNG) plant. The regulator ordered Chevron two weeks ago to carry out the inspections on propane heat exchangers on Trains 1 and 3 at the plant by Aug. 21, after weld problems were found on propane kettles in Train 2 during scheduled maintenance. If problems are found in the kettle welds of Trains 1 and 3, Chevron may have to shut them for repair.

  • Reuters

    Sempra still waiting for Mexican export permit for Costa Azul LNG

    U.S. energy company Sempra Energy said on Wednesday it continues to work with the Mexican government to get a 20-year export permit for the first phase of its proposed Costa Azul liquefied natural gas (LNG) export plant in Mexico.

  • Reuters

    Tokyo Gas to spend $657 mln in U.S. shale, solar assets

    Tokyo Gas Co Ltd will spend 69 billion yen ($657 million) to take control of a U.S. shale gas operator, Castleton Resources, and to buy a U.S. solar power development project in a bid to expand its overseas operations, it said on Wednesday. The move reflects a long-term strategy mapped out by Japan's biggest city gas supplier last year, which includes stepping up overseas expansion and boosting stakes in renewable energy and liquefied natural gas (LNG) development operations. The Japanese company will invest about 20 billion yen to raise its stake in Castleton to 70% from 46% through buying new shares to be issued by the U.S. operator to finance the planned acquisition of additional gas assets in Louisiana, Koji Yoshizaki, senior general manager of Tokyo Gas, said.