Aftermath

PG&E ‘Laser Focused’ on Natural Gas Pipeline Safety

Two Pacific Gas and Electric Co. (PG&E) executives said Tuesday the San Francisco-based combination utility’s natural gas pipeline system is safer than it was two years ago in the aftermath of the rupture and explosion in San Bruno, CA, that killed eight people and injured scores.

December 20, 2012

PG&E Overall Cost of San Bruno to Approach $2B, CEO Says

When the payouts and penalties are totaled on the aftermath of the Pacific Gas and Electric Co. (PG&E) transmission pipeline rupture and explosion in San Bruno, CA, almost two years ago, the utility may pay as much as $2 billion, PG&E CEO Tony Earley told news media at a press conference Monday in San Francisco.

May 16, 2012

PG&E to Pay San Bruno $70M Over Pipe Blast

Pacific Gas and Electric Co. (PG&E) and the City of San Bruno, CA, settled their differences Monday with the utility agreeing to pay the city $70 million in the aftermath of the deadly September 2010 natural gas transmission pipeline rupture and explosion in a quiet residential neighborhood about 10 miles south of San Francisco.

March 13, 2012

PG&E: San Bruno Pipe Bill Approaches $1.5B

The cost to Pacific Gas and Electric Co. (PG&E) shareholders to deal with the aftermath of the deadly San Bruno natural gas pipeline rupture and explosion in September 2010 is approaching $1.5 billion, senior executives at the utility said Thursday.

February 17, 2012

Traders Not Likely to Sell as They Square Books; December Gains

December natural gas rose Tuesday on extremely light volume as traders scrambled to determine positions and locate funds in the aftermath of the MF Global trading debacle. At the close December had risen 4.9 cents to $3.745 and January had gained 4.0 cents to $3.843. December crude oil added $1.28 to $96.80/bbl.

November 9, 2011

CEO: Pipe Safety Concerns Are Capex Catalyst

In the aftermath of a continuing string of natural gas pipeline/infrastructure failures, the pressure from federal and state regulators will grow and so too will the capital expenditures (capex) among utilities and large transmission pipeline operators, according to Southwest Gas Corp. CEO Jeffrey Shaw. He made the observations earlier in August in response to questions from financial analysts.

August 18, 2011

Correction

In the article “Southwest Gas Shutoff Aftermath Lingers” (see Daily GPI, March 30), NGI incorrectly stated that during a severe freeze in February “some 40,000 retail gas customers experienced shut-offs in New Mexico, with thousands more in certain areas of southern Arizona.” The 40,000 number is incorrect. The sentence should read “Thousands more were affected in other areas of New Mexico and certain areas of southern Arizona.” NGI regrets the error.

April 1, 2011

California Hints Tighter Pipe Oversight; PG&E Offers Buyouts

There were no major surprises from a six-hour California Senate joint committee hearing in Sacramento last Tuesday, reviewing the aftermath of the natural gas transmission pipeline explosion that took eight lives, destroyed a quiet suburban neighborhood and forced the glare of public scrutiny on Pacific Gas and Electric Co. (PG&E) and the state regulators overseeing its operations.

October 25, 2010

California Lawmakers Review Pipeline Blast; Tighter Regulations Hinted

There were no major surprises from a six-hour California Senate joint committee hearing in Sacramento Tuesday, reviewing the aftermath of the natural gas transmission pipeline explosion that took eight lives, destroyed a quiet suburban neighborhood and forced the glare of public scrutiny on Pacific Gas and Electric Co. (PG&E) and the state regulators overseeing its operations.

October 21, 2010

California Regulators Extend Utility Finance Limits

Watching the Wall Street credit meltdown and its aftermath, California regulators last Thursday expanded financing limits on the state’s two largest private-sector utilities — Pacific Gas and Electric Co. (PG&E) and Southern California Edison Co. (SCE).

October 6, 2008
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