Facing ever-stiffer criticism and monetary penalties for its past natural gas pipeline safety blunders, Pacific Gas and Electric Co. (PG&E) on Friday asked state regulators to separate its ongoing pipe proceedings into one to set future rules and another to review the combination utility’s past safety practices.
Blunders
Articles from Blunders
Sempra-KN Merger is Dead as KN Earnings Plunge
In what one observer described as one of the first “blunders”among energy mergers, Sempra Energy and KN Energy last weekmutually agreed to call off their $6 billion marriage, which wasfirst announced in February.
June 28, 1999
Sempra-KNE Merger is Dead
In what one observer described as one of the first “blunders”among energy mergers, Sempra Energy and KN Energy said yesterdaythey have mutually agreed to call off their $6 billion marriage,which was first announced in February. The two companies said thatas they were studying the integration process they discovered thecombined company “would not be able to realize the businessobjectives they originally anticipated.”
June 22, 1999
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