Message

‘Greening’ at Sempra as Trading, Utilities Grow, LNG Slows

It’s the green thing, stupid! That was part of the underlying message at Sempra Energy’s annual analyst conference in San Diego Thursday. Senior executives indicated they see new investment in the push to slow down greenhouse gas (GHG) emissions. But they also are counting on substantial growth and profits in both their energy trading and California utility businesses, and acknowledged a slowing of proposed liquefied natural gas (LNG) receiving terminal expansion because of the global pause in added liquefaction capacity.

April 2, 2007

Transportation Notes

In a message to shippers Tuesday, Southern Natural President Jim Yardley highlighted the pipeline’s winter achievements following significant damage from last fall’s hurricanes. He said all firm transportation and storage service requests and nearly all interruptible requests were honored. A system-wide operational flow order (OFO) was required on only one gas day. And gas supply flowing through the offshore system in the Gulf of Mexico and the Toca, LA, compressor station, both of which were damaged heavily by Hurricane Katrina, is at or above pre-Katrina levels. Working storage inventory also is at historically high levels and likely will end the winter at levels well above last year, Yardley said. Meanwhile, repair work is expected to be completed at the end of April on remaining damaged laterals in the Gulf and on damaged compressor engines at Toca. Repairs to the Olga compressor station, southeast of New Orleans, have not been made.

March 15, 2006

NE Distributors to Switch Purchase Point for Canadian Gas to Dawn, ON

This isn’t your old natural gas supply chain. That was the message inherent in the plans by a main Northeast U.S. buying consortium to switch its point of purchase from Alberta to the Dawn, ON, hub when its 15-year contracts run out this fall. And, by the way, there won’t be any more 15-year contracts either.

January 23, 2006

CA Regulators Okay $49 Million for PG&E Smart Meter Pre-Start-Up Funds

Sending a message it wants both aggressiveness and cost-effectiveness in a billion-dollar utility meter-change-out proposal, the California Public Utilities Commission Thursday granted Pacific Gas and Electric Co. $49 million in pre-start-up funds — despite a staff recommendation to slash the amount to $7 million — for its proposed five-year effort to transform all of its natural gas and electricity utility customers to advanced (“smart”) metering systems.

September 23, 2005

Yukon Resources Ruled Out of Mackenzie Pipeline Project

The C$7 billion (US$5.6 billion) Mackenzie Gas Project has put out a message that discoveries have to be big — or very near its route — to qualify for connection to its proposed pipeline for Canadian arctic production.

April 18, 2005

Yukon Resources Ruled Out of Mackenzie Pipeline Project

The C$7 billion (US$5.6 billion) Mackenzie Gas Project has put out a message that discoveries have to be big – or else very near its route – to qualify for connection to its proposed pipeline for Canadian arctic production.

April 18, 2005

Sempra Utility Execs Defend CA Infrastructure Expansion

In a message aimed indirectly at California regulators, Sempra Energy senior officials told financial analysts Thursday that the current statewide natural gas market restructuring proceeding could end up lower costs for retail customers if the regulators opt for new transportation capacity from North Baja and the Rockies.

June 7, 2004

Canadian Consumers Looking to Alternative Fuels

Industrial consumers are getting the message and saying the time has come to think about switching fuels in Canada, as natural gas prices climb north of the border in step with markets in the United States.

May 17, 2004

Canadian Consumers Looking to Alternative Fuels

Industrial consumers are getting the message and saying the time has come to think about switching fuels in Canada, as natural gas prices climb north of the border in step with markets in the United States.

May 17, 2004

Ohio Governor Reinforces Ban on O&G Drilling in Lake Erie

Just in case someone hadn’t gotten the message, Ohio Gov. Robert Taft has issued an executive order, good through the end of his term in office in 2006, prohibiting the issuance of state permits to drill for oil and gas in Lake Erie.

August 22, 2003