California energy regulators said that a preliminary ruling by a U.S. agency may bring as much as $1.6 billion in refunds for consumers harmed during the state’s electricity crisis more than a decade ago.
PG&E Corp., owner of the state’s largest utility, should pay a “significant fine” for a 2010 natural gas pipeline blast that killed eight people, the head of the California Public Utilities Commission said.
Morgan Lewis & Bockius LLP hired a Washington team of white collar attorneys formerly of White & Case LLP and led by former acting U.S. Attorney General and Deputy Attorney General George J. Terwilliger III.
U.S. plans to upgrade the nation’s aging pipeline networks, which may cost an estimated $50 billion, will provide profit growth opportunities at regulated utilities such as PG&E Corp. and Sempra Energy.
PG&E Corp ., owner of California’s largest utility, named a board member, Lee Cox , interim chairman and chief executive officer to replace Peter A. Darbee , who is stepping down after the fatal San Bruno pipeline blast last year and criticism of initiatives such as advanced metering.
President Barack Obama named former Edison International Chief Executive Officer John Bryson as his choice for commerce secretary, drawing on business expertise for a job central to his goal of doubling U.S. exports.