San Diego-based energy holding company Sempra Energy said all of its business units met or exceeded their financial objectives this year. As a result, Sempra said it expects to meet or exceed the higher end of its previously announced 2011 earnings-per-share guidance of $4-4.30. The guidance excluded a second quarter $1.14/share gain from South American utility acquisitions. On a generally accepted accounting principles basis Sempra’s previously announced guidance was $5.14-5.44/share, which the company also expects to meet or exceed. Sempra’s 4Q2011 and full-year 2011 results are scheduled to be announced Feb. 28.
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Industry Groups to SEAB: Go Slow on New Programs
The Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee should defer to state regulators — and may find that many of its objectives are already being addressed by existing programs — according to comments filed at the Department of Energy (DOE) by industry groups.
September 5, 2011
Industry Groups Advise SEAB: Go Slow on New Programs
The Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee should defer to state regulators — and may find that many of its objectives are already being addressed by existing programs — according to comments filed at the Department of Energy (DOE) by industry groups.
August 31, 2011
Hydrofracing Regulation Passes Review in Pennsylvania
Pennsylvania’s program for regulating the hydraulic fracturing (hydrofracing) well stimulation activities of oil and gas producers “is overall, well managed, professional and meeting its program objectives,” according to a newly completed review.
September 27, 2010
Pennsylvania’s Hydrofracing Regulation Passes Review
Pennsylvania’s program for regulating the hydraulic fracturing (hydrofracing) well stimulation activities of oil and gas producers “is overall, well managed, professional and meeting its program objectives,” according to a newly completed review.
September 24, 2010
President Makes Known His Wish List for Energy Bill
Any comprehensive energy legislation that Congress sends to the White House must meet “four important objectives,” including greater use of technology, increased domestic production, supply diversity and a more reliable transmission-pipeline system, President Bush said in his Saturday radio address to the nation.
April 19, 2005
ConocoPhillips Expects 5% Production Growth in ’05, ’06
ConocoPhillips has delivered on the initial objectives it set out to accomplish when its mega merger took effect two years ago, but “much more remains to be accomplished,” CEO Jim Mulva said last week. Mulva and his executive team on Wednesday outlined the strategic plans for the coming year at a meeting in New York with financial analysts.
November 22, 2004
ConocoPhillips Expects 5% Production Growth in ’05, ’06
ConocoPhillips has delivered on the initial objectives it set out to accomplish when its mega merger took effect two years ago, but “much more remains to be accomplished,” CEO Jim Mulva said Wednesday. Mulva and his executive team outlined the strategic plans for the coming year at a meeting in New York with financial analysts.
November 18, 2004
ConocoPhillips Expects 5% Production Growth in ’05, ’06
ConocoPhillips has delivered on the initial objectives it set out to accomplish when its mega merger took effect two years ago, but “much more remains to be accomplished,” CEO Jim Mulva said Wednesday. Mulva and his executive team outlined the strategic plans for the coming year at a meeting in New York with financial analysts.
November 18, 2004
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