Sept 19- More wells passed safety inspections at the Aliso Canyon natural gas storage facility in Los Angeles, Southern California Gas Co said on Monday, but the company has more work to do before it can inject gas into the giant field the utility shut last fall due to a massive methane leak that was not plugged until February. Under state law, SoCalGas cannot inject...
LOS ANGELES— A utility that owns a well that leaked massive amounts of natural gas and drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors. The deal requires Southern California Gas Co. to adopt a leak-monitoring system at its Aliso Canyon facility that...
Shares of Praxair jumped Tuesday after confirmation the U.S. firm was in talks for a potential merger with German industrial gases group Linde.
Industrial gas supplier Praxair is in early talks to merge with Germany's Linde, according to a person familiar with the matter.
Pacific Gas & Electric was found guilty of federal charges stemming from a natural gas pipeline explosion in California that killed eight people.
Volkswagen's stocks popped nearly 3 percent after a proposed recall plan was rejected by California regulators.
This Fourth of July holiday weekend could fuel some of the highest demand for gasoline ever, according to Opis.
June 22- U.S. natural gas utility Southern California Gas kept fuel supplies flowing as temperatures rose this week, passing its first test of the summer since the closure of its Aliso Canyon storage facility. SoCalGas, a unit of California energy company Sempra Energy, shut Aliso Canyon after detecting a massive leak in October. As residents in the Los Angeles...
June 2- California natural gas prices spiked to a five-month high after state regulators approved rules to help gas utilities manage the amount of fuel flowing in pipelines due to the ongoing outage of the Aliso Canyon underground storage facility. In October, Southern California Gas, the nation's biggest gas distribution utility, detected a major leak at...
The country is dealing with fuel shortages at gas stations across the country as protests disrupt supply.
The company said adjusted income in the regulated utilities business fell 10.2 percent to $695 million in the first quarter ended March 31. The North Carolina- based company said it is on track to achieve its 2016 adjusted earnings target of $4.50- $4.70 per share. Net income attributable to Duke fell to $694 million, or $1.01 per share, in the first quarter ended...
Toshiba said it has sued five former executives over a $1.3 billion accounting scandal, and the company reported a quarterly operating loss.
Almost $43 million of US taxpayers' money was spent to build one gas station, according to a government watchdog.
Connected device company Nest Labs will release a 3rd version of the Learning Thermostat. Re/code reports.
James Cordier, OptionSellers.com, provides perspective to his outlook on energy prices.
Venture capitalists have invested over $1 billion in this clean-tech darling that uses fuel cells to convert natural gas into electricity.
Solar's big heyday may be just three years away as the unsubsidized cost of panels plus storage will cost less than the grid in some areas, Bernstein said.
Prices of fossil fuels may be plumbing multi-year lows, but that's not likely to keep them from being displaced by renewable energy, analysts said.
The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.
ISIS makes its fortune by selling oil from seized territory to its enemies, NBC News reports.