California

Natural Gas Imports from Canada Rising in Western U.S.

Natural Gas Imports from Canada Rising in Western U.S.

Natural gas imports from Canada to the western United States have increased by 4.1% so far this year versus the same period in 2021, according to new analysis by the U.S. Energy Information Administration (EIA). The border-crossing points at Sumas, WA, and Eastport, ID, “principally supply metropolitan areas in the Pacific Northwest and California, where…

November 23, 2022
Southern California Edison Fined $1M for 2019 Easy Fire

Southern California Edison Fined $1M for 2019 Easy Fire

California regulators have issued a $1 million citation to Southern California Edison (SCE) for its involvement in the Easy Fire that occurred in October 2019 in Simi Valley. California Public Utilities Commission (CPUC) staff said SCE violated regulations for failing to install and maintain its 66 kV conductor and insulator adequately and safely in order…

November 21, 2022
U.S. Oil, Natural Gas Dealmaking Hits Quarterly High with Possible Uptick On Horizon 

U.S. Oil, Natural Gas Dealmaking Hits Quarterly High with Possible Uptick On Horizon 

Upstream mergers and acquisitions (M&A) among U.S. oil and gas companies totaled more than $16 billion in transacted value during the third quarter, the highest quarterly tally so far this year, according to Enverus Intelligence Research (EIR). Overall though, M&A activity has been sluggish, particularly in the Permian Basin, amid price volatility and undervaluation of…

October 13, 2022
New York Tailgates California’s EV Legislation, Mandates 100% Zero-Emission Sales by 2035

New York Tailgates California’s EV Legislation, Mandates 100% Zero-Emission Sales by 2035

New York, following the green trail of California, last month adopted several measures to speed up the state’s adoption of electric vehicles (EV) and zero-emissions vehicles (ZEV).  Gov. Kathy Hochul (D) urged the state’s Department of Environmental Conservation (DEC) to issue regulations that would require all new passenger cars and trucks sold in the state…

October 12, 2022
California Turned to Natural Gas as September Heat Wave Strained Grid

California Turned to Natural Gas as September Heat Wave Strained Grid

California leaned more heavily on natural gas-fired electricity during the extreme heat wave that blanketed the state earlier this month, according to the Energy Information Administration (EIA). Grid operator CAISO (aka California Independent System Operator) had to urge customers to cut back on electricity use during an extended stretch of sweltering temperatures in early September…

September 23, 2022
California RNG Startup to Expand North American Platform

California RNG Startup to Expand North American Platform

California real estate and infrastructure firm Cim Group is creating an energy start-up with a renewable natural gas (RNG) foundation by acquiring Mas Energy LLC’s development platform and project portfolio. Terreva Renewables was formed to incorporate the Mas development team and production from seven landfill natural gas projects. The price of the acquisition was not…

September 19, 2022
What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into California’s energy shortages, brought about by extreme weather and drought, and how those issues are playing out in the transition to a net-zero carbon future. In the podcast, NGI’s Shaylon Stolk, senior energy analyst, discusses the underlying issues that…

September 19, 2022
What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into California’s energy shortages, brought about by extreme weather and drought, and how those issues are playing out in the transition to a net-zero carbon future. In the podcast, NGI’s Shaylon Stolk, senior energy analyst, discusses the underlying issues that…

September 16, 2022
Shell, ExxonMobil to Reduce California Presence with Aera Energy Sale

Shell, ExxonMobil to Reduce California Presence with Aera Energy Sale

International asset management group IKAV has agreed to acquire Bakersfield, CA-based independent Aera Energy LLC from joint owners Shell plc and ExxonMobil, the energy companies reported Thursday. Accounting for nearly one-quarter of California’s oil and gas output from about 13,000 wells, Aera is 51.8% owned by Shell and 48.2% by ExxonMobil. Shell said it expects…

September 2, 2022
California’s Last Nuclear Plant, Diablo Canyon, Gaining Longer Life – with Newsom’s Blessing

California’s Last Nuclear Plant, Diablo Canyon, Gaining Longer Life – with Newsom’s Blessing

California’s final legislative session finished late Wednesday, passing to Gov. Gavin Newsom a bill to give the state’s last nuclear plant, Diablo Canyon Power Plant (DCPP), a new lease on life by extending the retirement date by several years.  Newsom said late Wednesday the DCPP’s continued operations were “critical” in “making sure we have energy…

September 1, 2022
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