Slash

Comprehensive energy efficiency programs have the potential to slash Wisconsin’s energy use, cut hundreds of millions of dollars annually in energy costs and create thousands of jobs as early as 2012, according to a study commissioned by the state Public Service Commission (PSC). According to the Energy Center of Wisconsin study, there could be $900 million in net energy cost savings for each year of efficiency investments.

Comprehensive energy efficiency programs have the potential to slash Wisconsin’s energy use, cut hundreds of millions of dollars annually in energy costs and create thousands of jobs as early as 2012, according to a study commissioned by the state Public Service Commission (PSC). According to the study by the Energy Center of Wisconsin, there could be $900 million in net energy cost savings for each year of efficiency investments.

Royal Dutch Shell plc will streamline its operations, it said last week, and could slash thousands of jobs as the company continues to tangle with weak commodity prices, a flagging economy and project delays.

Canadian Natural Resources Ltd. is blaming Alberta’s new royalty regime for its decision to slash capital spending by one-third in 2008, which ultimately may result in a double-digit drop in forecasted natural gas production.

Canadian Natural Resources Ltd. blamed Alberta’s new royalty regime for its decision to slash capital spending by one-third in 2008, which will result in a double-digit drop in forecasted natural gas production.

EnCana Corp. threatened Friday to slash its 2008 capital investment in Alberta by 30-40%, or US$1 billion, if all of the recommendations contained in the Alberta Royalty Review Panel Report are adopted. Most of the cutbacks would affect the producer’s natural gas activity.

EnCana Corp. threatened Friday to slash its 2008 capital investment in Alberta by 30-40%, or US$1 billion if the recommendations contained in the Alberta Royalty Review Panel Report are adopted. Most of the reductions would be in its natural gas activity.

The independent consumer unit at the California Public Utilities Commission, the Division of Ratepayer Advocates (DRA), July 5 released a recommendation to slash by $180 million the retail rates of Sempra Energy’s two California utilities, Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co. (SDG&E). An administrative law judge will later make a separate recommendation in the case.

The independent consumer unit at the California Public Utilities Commission, the Division of Ratepayer Advocates (DRA), Thursday released a recommendation to slash by $180 million the retail rates of Sempra Energy’s two California utilities, Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co. (SDG&E). An administrative law judge will later make a separate recommendation in the case.