A power glitch at the Pacific Gas & Electric Co. (PG&E) natural gas terminal in Milpitas, CA, opened up a pipeline control valve, which in turn caused a surge in pressure before the San Bruno, CA, gas pipeline ruptured last month, the National Transportation Safety Board (NTSB) reported Wednesday.
Glitch
Articles from Glitch
Oneok Blames Earnings Revisions on Software Glitch
A software glitch led Oneok to reduce its 2005 net income by $8.1 million (8 cents/share) and its energy services operating income by $13.2 million and raise its 1Q2006 earnings by similar amounts.
March 9, 2006
Power Market Glitch in ’98 Had ‘Silver Lining’
Something good did come out of the power market malfunctions oflast summer, according to Moody’s Investors Service. In a reportreleased yesterday, Moody’s said the experience has triggered a newcommitment to counterparty risk management by energy trading firmsthat will enhance credit quality in the energy sector and inspiregreater confidence in the market.
June 1, 1999
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
