Southern California Gas Company has more flexibility to meet natural gas demand this winter than last year after California regulators approved new rules that make it easier for the company to withdraw gas from its Aliso Canyon storage facility, according to a Dec. 13 report from the U.S. Energy Information Administration. Working natural gas inventory…
DetailsDemocratic Governor Gavin Newsom found that Pacific Gas and Electric’s proposed restructuring plan failed to meet the requirements of the state’s wildfire law, dealing a blow to the company’s efforts to exit bankruptcy, according to a Dec. 13 letter to PG&E Chief Executive Officer Bill Johnson. Newsom called for a feasible plan, pointing to the…
DetailsYear-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12 percent, and natural gas up 9 percent in 2018, according to the U.S. Energy Information Administration’s U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. Strong oil and natural gas prices in 2018 drove the increase in…
DetailsThe Public Service Commission of Maryland has issued its annual report on the implementation of the Maryland Renewable Energy Portfolio Standard with data for calendar year 2018. According to the report, published on Dec. 10, Maryland RPS obligations were almost entirely fulfilled through the submission of the appropriate level of Tier 1 and Tier 2 Renewable Energy Credits…
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