Articles tagged California

A divided appeals court on Tuesday affirmed its ruling that the first natural gas ban enacted in the United States, in Berkeley, CA, is preempted by federal law, setting the stage for more legal fights across the country.

Chevron Corp.’s upstream oil and natural gas assets are set to take a big one-time hit in the fourth quarter results, primarily because of “continuing regulatory challenges” in California, where the integrated major is headquartered. 

California regulators pulled the remaining subsidies offered for constructing buildings that rely on natural gas or propane in a move to support decarbonization and incentivize electrification. 

Pacific Gas and Electric Co. (PG&E) customers can expect a nearly 13% bill increase next year after California regulators approved a plan to harden electric infrastructure against wildfire risks and upgrade some natural gas infrastructure. 

Robust flows of natural gas southward from Canada into the Lower 48 in November are bolstering already stout U.S. supplies, helping to keep next-day cash prices in check relative to last year, analysts say.

Even as natural gas pipeline operators take action to balance system capacity with an oversupply of natural gas flooding the market, prices at the SoCal Citygate have consistently held a substantial premium to values at nearby delivery locations, prompting the question, why?

Groundbreaking legislation in California that will require large companies to publicly disclose their annual greenhouse gas (GHG) emissions has become law with Gov. Gavin Newsom’s signature.

Natural gas aided electric grid operators in California and Texas in maintaining stable operations as solar generation dropped during Saturday’s annular eclipse.

Renewable natural gas (RNG) and biofuels producer Aemetis Inc. has closed the sale of $53 million in investment tax credits created through the Inflation Reduction Act (IRA) as a part of its first wave of projects expected to be accelerated by the legislative program.

Dallas-based Berry Corp. has completed a $70 million all-cash acquisition of ​​Kern County, CA-based Macpherson Energy Corp., which builds its San Joaquin Basin production and cash flow.