Wholesale energy trading losses of upward of $128 million pushed Portland General Electric (PGE) into reporting a loss for 3Q2020, but CEO Maria Pope indicated on an earnings conference call that the damage from the losses has been contained to the quarter and there will be no more impact in the months and quarters ahead. …
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MDU Resources Group Inc.’s utility operations, spread across eight states, as well as a pipeline business serving the the Rockies and Bakken Shale, reported increased profits during the second quarter from a year ago, beating back Covid-19’s negative impacts by using geographic diversity and a mid-size market focus. CEO David Goodin said the Bismarck, ND-based…
Oregon regulators have cleared the way for NW Natural and other natural gas utilities in the state to begin purchasing supplies of renewable natural gas (RNG) for customers. The Oregon Public Utility Commission approved co-mingling RNG and the fossil fuel version in utility operations following the approval of state Senate Bill 98 last year. NW…
The mayor of San Jose, California’s third largest city, has a preliminary proposal on the table to take over the natural gas and electric systems of bankruptcy-bound Pacific Gas and Electric Co. (PG&E) and transform it into a customer-owned cooperative utility.
Edison International’s Southern California Edison Co. (SCE) utility acknowledged its infrastructure may have caused the disruptive, fast-moving Saddleridge fire that skirted residential areas and a major gas storage facility in northern Los Angeles County last week, according to a report the company filed with state regulators.
Sempra Energy’s natural gas distribution utility Southern California Gas Co. (SoCalGas) faces an $8 million fine from California regulators for allegedly failing to follow protocols for timely billing of thousands of customers in 2015 and 2016.
Wildfires, including the largest in California’s history, continued to burn over the weekend, while lawmakers in Sacramento debated the liability issue hovering over major utility companies that are facing precarious financial times.
In what could be a sign of things to come in the wake of tax reform championed by President Trump and his Republican allies in Congress, a state regulator from Oklahoma warned contemporaries that swift action was needed to ensure that public utility customers, not the utilities themselves, reap the benefits.
Eagle LNG Partners Jacksonville LLC has received approval from the Department of Energy to export up to 1 million metric tons/year of liquefied natural gas (LNG) worldwide. The small-scale Eagle Maxville LNG facility plans to export to markets in the Caribbean Basin and elsewhere in the region from Jacksonville, FL, in Duval County. With the Eagle Maxville approval, DOE said as of Friday (Sept. 15) it has authorized a total of 21.35 Bcf/d in LNG exports to anywhere in the world not prohibited by U.S. law or policy from existing and planned facilities in Texas, Louisiana, Florida, Georgia and Maryland.