BUSINESS
February 2, 2009 | Ronald D. White
Southern California Gas Co. has reached a tentative contract accord with union negotiators, averting a strike by most of its 7,600 employees. SoCal Gas, the nation's largest natural gas distribution utility, and Local 132 of the Utility Workers Union of America agreed on a new three-year labor contract near midnight Saturday, said officials from both sides of the negotiations.
BUSINESS
January 29, 2009 | Ronald D. White
Southern California Gas Co. and the union representing its workers are running out of negotiating time on a labor contract that expires this weekend. A strike could begin as early as midnight Saturday against the company that serves more than 20.3 million consumers in Southern California. On Sunday, Local 132 of the Utility Workers Union of America, AFL-CIO, asked its members for an authorization vote that would give the union the right to call a walkout if negotiations fail.
BUSINESS
September 28, 2008 | Elizabeth Douglass, Times Staff Writer
The gig: President and chief executive of Southern California Gas Co. and San Diego Gas & Electric Co., regulated utilities owned by San Diego-based Sempra Energy. SoCalGas is the nation's largest gas distribution utility, with 5.6 million business and residential meters. SDG&E supplies electricity to 3.4 million homes and businesses and is the natural gas provider for 825,000 customers in San Diego and southern Orange County. Background: Born in Long Beach.
BUSINESS
May 3, 2008 | From Bloomberg News
Sempra Energy's first-quarter profit increased 6.1%, boosted by higher earnings at the San Diego company's natural gas utilities. Net income climbed to $242 million, or 92 cents a share, from $228 million, or 86 cents, a year earlier, Sempra said Friday. Sempra was expected to earn 84 cents a share, according to a Bloomberg survey. Revenue rose 8.9% to $3.27 billion. Southern California Gas Co. and San Diego Gas & Electric Co., which are owned by Sempra, had combined quarterly profit of $131 million, up 12% from a year earlier.
CALIFORNIA | LOCAL
August 10, 2007 | Jordan Rau, Times Staff Writer
SACRAMENTO -- Phone and energy companies and officials with business before the California Public Utilities Commission and its chairman, Michael Peevey, are helping underwrite the state Senate campaign of Peevey's wife, Carol Liu. Industries regulated by the commission have given $88,783 to assist Liu's 2008 bid to represent a district stretching from the San Gabriel to the San Fernando valleys.
BUSINESS
July 6, 2007 | Elizabeth Douglass, Times Staff Writer
The consumer arm of the state Public Utilities Commission recommended Thursday that Southern California Gas Co. customers get a $68-million rate reduction starting in 2008 instead of the $140-million increase sought by the utility. In particular, the commission's Division of Ratepayer Advocates objected to incentive bonus and compensation programs that were included in the gas company's rate proposal.