Historic

The Senate late Thursday passed historic, broad-based legislation that calls for a sweeping overhaul of the nation’s financial regulatory system, including regulation of the over-the-counter (OTC) derivatives market for the first time.

Fundamental differences between global crude markets and the domestic natural gas market are unlikely to return to the historic 7:1 ratio price-wise until U.S. shale gas reserves are depleted, gas demand infrastructure is enhanced or more domestic liquefied natural gas (LNG) export capacity is added, energy analysts with Raymond James & Associates Inc. said Monday.

A pipeline rivalry has added a practical dimension to an otherwise legalistic Canadian regulatory case about a proposed historic transfer of jurisdiction over Alberta’s Nova natural gas gathering network to the National Energy Board (NEB).

A pipeline rivalry has added a practical dimension to an otherwise legalistic Canadian regulatory case about a proposed historic transfer of jurisdiction over Alberta’s Nova natural gas gathering network to the National Energy Board (NEB).

With gasoline prices exceeding $5/gallon in parts of the state, Californians are pushing back at the pump and softening their historic reluctance toward additional nuclear generating plants, offshore drilling and liquefied natural gas (LNG) development, according to a new Field Poll.

With gasoline prices exceeding $5/gallon in parts of the state, Californians are pushing back at the pump and softening their historic reluctance toward additional nuclear generating plants, offshore drilling and liquefied natural gas (LNG) development, according to a new Field Poll.

Three years after its emergence from Chapter 11 bankruptcy protection and a historic settlement with state regulators, Pacific Gas and Electric Co. operates in full transformation mode, with a new, diverse senior management team that is motivated to aggressively go after growth opportunities tied to the core utility business, CEO Peter Darbee told Wall Street analysts in New York City Wednesday. Darbee and his fellow senior executives at PG&E Corp. gave an annual update to the financial community.

Elected officials in the historic town of Astoria, OR, with slightly less than 10,000 population and a legacy as the first permanent U.S. settlement west of the Rockies, voted last month to intervene at FERC in the proposed liquefied natural gas (LNG) terminal project slated for Bradwood Landing. The Astoria City Council voted 4-0 in a special meeting last Thursday to take the action Earlier in the week elected officials in a neighboring city and Clatsop County also took similar action.

With funding from an offshoot of Pacific Gas and Electric Co.’s historic Chapter 11 bankruptcy settlement, the nation’s first university-based technology center devoted to energy efficiency was dedicated by state, energy and environmental officials Wednseday at the University of California, Davis, a few miles west of the state Capitol.