Catastrophic

Fined and verbally flogged by federal and state regulators over the 18 months since its catastrophic gas transmission pipeline explosion in San Bruno, CA, Pacific Gas and Electric Co. (PG&E) received more critical reviews last week, some at its own hands.

Fined and verbally flogged by federal and state regulators over the past 18 months since its catastrophic gas transmission pipeline explosion in San Bruno, CA Pacific Gas and Electric Co. (PG&E) received more critical reviews Monday, some at its own hands. The utility’s bad record-keeping was a “contributing factor” to the San Bruno tragedy, the report concluded.

As Japan struggled to prevent a catastrophic release of radiation from nuclear facilities destroyed by an earthquake and tsunami, Russia, Qatar and Indonesia all said they were willing and able to step in with supplies of liquefied natural gas (LNG) to take up the slack for lost power generating capacity.

A Senate committee investigation has concluded a “systemic and catastrophic failure” by the Securities and Exchange Commission (SEC) and other industry watchdogs allowed Enron Corp. to get away with its fraudulent activities for as long as it did.

A Senate committee investigation has concluded a “systemic and catastrophic failure” by the Securities and Exchange Commission (SEC) and other industry watchdogs allowed Enron Corp. to get away with its fraudulent activities for as long as it did.

The “catastrophic” impact of anemic crude oil prices on domesticoil and gas producers will require Congress and the Clintonadministration to take “extraordinary” measures to resuscitate an”industry that is on its knees,” lawmakers on the Senate Energy andNatural Resources Committee said last week.