With Sempra Energy President Mark Snell, 60, planning to retire March 1, two corporate arms with separate presidents are being created and other promotions have been announced by CEO Debra Reed. The new infrastructure businesses, including midstream, liquefied natural gas, renewables and Mexico, is to be run by current CFO Joseph Householder, 61. Steven Davis, 60, executive vice president (EVP) for external affairs and corporate strategy, would become group president for the new utilities arm. San Diego Gas and Electric Co. (SDG&E) CEO Jeffrey Martin, 54, has been tapped as Sempra’s new CFO. Southern California Gas Co. (SoCalGas) CEO Dennis Arriola, 55, is to become EVP for external affairs. Also promoted is Patricia Wagner, 54, now CEO of Sempra U.S. Gas & Power, who would become CEO of SoCalGas, while SoCalGas COO J. Bret Lane, 57, also would become president. SDG&E’s chief energy supply officer Scott Drury, 51, is to become the utility’s president, while Caroline Winn, 53, chief energy delivery officer, was named COO.
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Opponents Again Urge California to Close Aliso Canyon Storage Facility
Opponents of California’s largest natural gas storage facility Aliso Canyon, including nearby residents and environmental groups, are repeating their calls for the state to close it down.
Many Wells Still Awaiting Three-Pronged Test at Aliso Canyon
Owner/operator Southern California Gas Co. (SoCalGas) has indicated its shuttered 86 Bcf Aliso Canyon underground natural gas storage field may reopen this year, but most of the 114 storage wells still await final testing, officials said.
Value of NatGas Storage Slowly Increasing, Sempra Energy CEO Says
When an analyst asked her during Sempra Energy’s Wednesday conference call when rates would increase for natural gas storage services, the first thing CEO Debra Reed did was chuckle. However, there is some light at the end of the tunnel for storage rates that have long been held down by the shale-shifted gas market.
SoCal Heat Wave Drives Up Power Load, But NatGas Supplies Hold
Severe heat hit Southern California Monday, driving temperatures into the triple digits and spiking the highest statewide electricity demand of the year with more to follow on Tuesday, but the taxed natural gas system appeared to be holding up, even with the state’s largest underground gas storage field closed.
Sempra Energy Cites Possible Financial Leaks From Gas Storage
Sempra Energy and its Los Angeles-based Southern California Gas Co. (SoCalGas) utility have said in a regulatory filing that the full costs of the Aliso Canyon natural gas storage well leak are still unknown but could be significant.
$4 Billion Rate Case Settlement Proposed For Sempra’s California Utilities
California state regulators on Thursday issued a proposed settlement totaling nearly $4 billion in the combined general rate cases for Sempra Energy’s two utilities in the state: Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co. (SDG&E).
SoCalGas Storage Well Leak Costs Could Hit $665M; ‘Teachable Moment,’ Execs Say
In separate forums this week, senior executives of Sempra Energy and its Southern California Gas Co. (SoCalGas) utility began to deconstruct the unprecedented four-month natural gas storage well leak, which was sealed in mid-February, as underscoring the criticality of close electric-gas grid coordination and the heavily populated region’s energy reliability.
SoCalGas Storage Well Leak Costs Could Hit $665M; ‘Teachable Moment,’ Execs Say
In separate forums this week, senior executives of Sempra Energy and its Southern California Gas Co. (SoCalGas) utility began to deconstruct the unprecedented four-month natural gas storage well leak, which was sealed in mid-February, as underscoring the criticality of close electric-gas grid coordination and the heavily populated region’s energy reliability.
SoCal Edison Sees Risks from Idled Aliso Canyon, Volatile NatGas Prices
Southern California Edison Co. (SCE) is keeping a close eye on summer power requirements in the aftermath of the Aliso Canyon underground natural gas storage field closure and the prospects, albeit small, of gas prices spiking.