Wednesday, April 7, 2010 as of 11:14 AM ET
PG&E Corp.
's (PCG) utility aims to settle lawsuits filed by victims of a fatal San Bruno pipeline explosion and expected fines related to the disaster in the next three to four months, the company's top executive said Monday.While the company has resolved "a number of major lawsuits" filed by "some of the most seriously injured victims," it has many more to go, Chief Executive Anthony Earley told reporters before the company's annual meeting in San Francisco."These victims deserve to be compensated," Earley said. He declined to say how many lawsuits PG&E has settled or to provide details of those settlements.A PG&E natural-gas pipeline in San Bruno exploded on Sept. 9, 2010, igniting a fireball that killed eight people, injured 58, destroyed 38 homes and damaged 70 others. The neighborhood where the explosion occurred hasn't been rebuilt, although construction has started on several homes and the city has said it is moving ahead with plans to replace streets, sidewalks, a park and othe...California regulators plan to release a final report Monday in a probe of PG&E Corp.'s (PCG) record-keeping prior to a fatal 2010 pipeline explosion in San Bruno, Ca...
California regulators are expected to release a final report Monday in a probe of PG&E Corp.'s (PCG) record-keeping prior to a fatal 2010 pipeline explosion in San B...
PG&E Corp.'s (PCG) top executive said Thursday the company expects fines of at least $200 million over a fatal 2010 pipeline explosion, and that the amount is likely...
DTE Energy (NYSE:DTE) said Friday its current chief operating officer, Gerard M. Anderson, will take the reigns of chief executive from long-time mentor Anthony F. E...
DTE Energy Co. (DTE) reported sales that missed expectations, while earnings per share were in-line with the Street’s view.The Michigan-based energy company said it ...
National Economic Summit: Nuclear Energy President and CEO Marvin Fertel and DTE Energy Chairman and CEO Anthony Earley Jr. on the importance of upgrading our power supply and grid to meet the demand.
National Economic Summit: Nuclear Energy President and CEO Marvin Fertel and DTE Energy Chairman and CEO Anthony Earley Jr. on why the reduction in carbon emissions should be phased in so consumers don't get sticker shock.
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