Phoenix-based Arizona Public Service (APS) and Puget Sound Energy (PSE) of Washington State began full participation in the western Energy Imbalance Market (EIM) on October 1. The EIM is a real-time wholesale power market managed by the California Independent System … Continue reading
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Los Angeles Mayor Eric Garcetti has appointed Uduak-Joe Ntuk as the city’s first-ever oil administrator to regulate the safety of oil operations in the city. He will begin serving in the $133,500-per-year post in October, heading a new Office of … Continue reading
Natural gas supplies this winter should be adequate for the needs of Southern California residents and businesses, despite earlier fears about shortages resulting from the shutdown of operations at the SoCalGas Aliso Canyon storage facility. That’s the conclusion of a … Continue reading
A federal jury found Pacific Gas & Electric Co. guilty of violations of pipeline safety regulations that led to the 2010 explosion of a natural gas pipeline in San Bruno which caused eight deaths and destroyed 38 homes. California’s largest … Continue reading
San Ramon-based Chevron Corporation (NYSE: CVX) reported a loss of $1.5 billion, or 78 cents per share, for the second quarter of fiscal 2016, compared with earnings of $571 million, or 30 cents per share, for the same period in … Continue reading
Preliminary draft permanent regulations for natural gas storage facilities in California have been released by the Department of Conservation’s Division of Oil, Gas and Geothermal Resources (DOGGR). When finalized, the regulations will replace emergency regulations the agency issued earlier this … Continue reading