PG&E Corp.’s priorities this year center on managing costs as part of its multi-billion infusion of investment in utility infrastructure at Pacific Gas and Electric Co. Major electric and natural gas supply projects are still in early and less certain stages of development, according to senior PG&E officials who spoke to financial analysts Friday during a conference call in which the company announced increased earnings for the fourth quarter and full year in 2007, compared with similar periods in 2006.
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Canada Vows to Defend Arctic Border, Cut Emissions
In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.
Canada Vows to Defend Arctic Border, Cut Emissions
In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.
Sustainability Issues Top Thinking Among Utility Leaders
Worldwide, and particularly in the United States, utilities have latched onto the sustainability agenda and have begun at full throttle on a trio of top priorities: renewables, nuclear power and energy efficiency, according to the annual survey of utility executives by PricewaterhouseCoopers (PwC).
Carpe Diem: Utilities See Sustainability as Top Priority
Utilities worldwide have seized the sustainability agenda and are moving at full throttle on a trio of top priorities: renewables, nuclear power and energy efficiency, according to the annual survey of utility executives by PricewaterhouseCoopers (PwC).
Senate Leader Says OCS Drilling Priority in Lame-Duck Session
Senate Democratic Leader Harry Reid of Nevada, who appears destined to be the next majority leader, said Wednesday one of his priorities during the upcoming lame-duck session is to reach a deal to open up more of the Outer Continental Shelf (OCS) to oil and natural gas drilling.
DTE Projects 2004-2005 Operating Earnings
In reviewing the company’s progress in 2004 and its priorities for 2005, DTE Energy CEO Anthony F. Earley Jr. said he expects the company will report 2004 operating (non-GAAP) earnings guidance of $2.40 to $2.50 per share. For 2005, Earley said the preliminary estimate for 2005 operating earnings guidance is between $3.30 and $3.60 per share.
DTE Projects 2004-2005 Operating Earnings
In reviewing the company’s progress in 2004 and its priorities for 2005, DTE Energy CEO Anthony F. Earley Jr. said he expects the company will report 2004 operating (non-GAAP) earnings guidance of $2.40 to $2.50 per share. For 2005, Earley said the preliminary estimate for 2005 operating earnings guidance is between $3.30 and $3.60 per share.
Focus Changing in Canadian Industry
With new outlets to markets the Canadian natural gas industry ismoving into a new stage with higher prices dictating a change inthe priorities of doing business.