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Sempra Energy
built 660 days ago
Sempra Energy is a Fortune 500 energy services holding company. Its business units provide a spectrum of value-added electric and natural gas products and services to a range of customers. The company has four separately managed reportable segments comprised of Southern California Gas Company, San Diego Gas & Electric Company, Sempra Commodities and Sempra Generation. Operations are divided into the California Utilities, Sempra Global and Sempra Financial. The California Utilities- Southern California Gas Company and SDG&E serve 23 million consumers from California's Central Valley to the Mexican border. Natural gas service is provided throughout Southern California and portions of central California through 6.4 million meters.
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Sempra Energy is a Fortune 500 energy services holding company which was formed by the 1998 merger of Pacific Enterprises and Enova Corporation. Sempra Energy's eight subsidiaries provide electricity, natural gas, and value-added products and services. After the merger was completed. Sempra possessed the largest regulated utility customer base in the United States. The Sempra name is derived from the Latin word for "always."
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LOS ANGELES, March 5 /PRNewswire/ -- Southern California Gas Company, a Sempra Energy utility, has retained MAYO Communications for a media campaign, "Claim Your Share of $10 Million in Rebates and Incentives. Come to The Energy Efficiency Expo," to be held April 17th, at the Energy Resource Center in Downey, CA. Several major companies and individuals will be honored with energy efficiency awards. The Expos will ... outline how to apply for The Gas Company's record $10 million in energy efficiency regases and incentives reserved for businesses this year. The breakout sessions will focus on how recent economic and political changes could impact business and how energy efficiency can help business cut costs.
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Sempra Energy has proposed the construction of a marine petroleum terminal and storage facility in Port Arthur, Texas. The company has initiated an open-season solicitation for potential customers interested in purchasing terminal capacity. The initial phase of the proposed Port Arthur Marine Terminal would providestorage and transportation assistance in the import and export of crude oil, liquid petroleum gas and related products. The terminal would serve the Gulf Coast region's refineries, pipelines and storage facilities. The project's first phase, involving the construction of storage tanks and multi-ship berthing facilities, would require about 120 acres of the 2,900 acres Sempra Energy owns near Port Arthur. The Sempra Energy property alsois the proposed site of a larger energy complex that includes the planned development of a liquefied natural gas (LNG) terminal, Port Arthur LNG.
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Sempra Energy has found gold in natural gas. Created in 1998 by the merger of the parent companies of Southern California Gas and San Diego Gas & Electric, the company both delivers natural gas and runs power plants on natural gas. To enlarge its infrastructure, Sempra is building liquefied natural gas terminals in Baja and the Gulf of Mexico as well as a 1,600-mile pipeline. In 2006, with new CEO Donald Felsinger on board, Sempra sold its remaining coal-fired plants at premium prices and wrote off money-losing investments in Argentina. Add in a strong performance by its commodity trading business, and Sempra’s net income jumped 53% in 2006—the eighth year in a row of record earnings. Analysts expect that streak to continue.
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The defeat of Sempra Energy’s plans for a major coal-fired power plant in southern Idaho was celebrated during Earth Day celebrations as far away as San Francisco last week. Many Idahoans were proud of the efforts of Senator Clint Stennett and others in the Idaho Legislature who stood up to the energy giant and sent them packing.
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