Caithness Energy history

At the Richmond Refinery in 1965, the company launched the world’s largest Isomax hydrocracking complex, which converted heavy petroleum oils to light stocks used to make gasoline and other products.

Pacific Lighting moved its corporate headquarters from San Francisco to Los Angeles in 1967 and began diversifying beyond energy-related operations.

In 1970, the company merged its two remaining principal utilities, Southern California Gas and Southern Counties Gas companies, to form the nation's largest natural gas utility.

In response to environmental concerns and the high fossil fuel prices following the Arab Oil Embargo of 1973, SCE ceased its efforts to market more electricity and initiated customer conservation programs to encourage its customers to use electricity more efficiently.

Jerry Brown, Reagan's successor, appointed reform-oriented commissioners to the CPUC. In 1975 the CPUC ordered PG&E to offer a minimal amount of electricity at subsidized rates to all residential customers.

In 1978, SCE and Union Oil agreed to design, construct and operate a 10-megawatt geothermal power plant at Brawley, near the Salton Sea.

Also in 1982 the CPUC ordered PG&E to suspend its large fuel-oil contract with Chevron USA Inc.

Solar 1 began operating in 1982.

1983: Introducing Edison Mission Energy

Net income for 1984 was $975 million.

1984: The Cool Water Coal Gasification Project

In addition to its world-class assets and strong corporate culture, Texaco had the experience of integrating Getty Oil Co.’s operations and people following the 1984 acquisition of Getty.

Edison's inaugural venture into the "independent power generation" business, the Kern River Cogeneration Project, began operating in 1985.

By late 1985, the merger was complete.

In 1986 Richard Clarke became chairman and chief executive officer of PG&E, and George Maneatis became president.

Chevron’s revised environmental policy added an important new mandate: risk management, which involved identifying potential problems and solving them before they became real problems. It also expanded a far-sighted program, Save Money and Reduce Toxics, which had already cut hazardous waste disposal by 60 percent since 1986.

The charge reduced net income for 1988 to $62.1 million.

Also in 1988 PG&E-Bechtel Generating Company, a joint venture of PG&E and Bechtel Power, began construction of its first power plant, in Montana.

By 1988, when the company acquired $2.5 billion in properties from Tenneco, Chevron became the leading oil and gas producer in the United States Gulf of Mexico.

To reflect its increasing diversity, Pacific Lighting changed its name to Pacific Enterprises in 1988.

In anticipation of an increasingly competitive market, the company began a program in 1990 to reduce its management staff by 300 over the next three years.

The company cut its spending on energy conservation programs by $100 million in 1994.

In 1994 Stanley T. Skinner, who had been a PG&E employee for years, became chief executive officer.

The company was founded in 1995 and is headquartered in San Francisco, CA.“

A second venture, Solar 2, began operations in 1996.

1996: Introducing Edison International

1997: Sale of gas-fired steam plants

The company's most important subsidiary, Pacific Gas and Electric Company, was the second largest investor-owned gas and electric utility in the United States in terms of sales in 1998.

Also in 1998 PG&E bought 18 non-nuclear power plants from New England Electric for $1.6 billion.

PG&E's efforts to make its utility business competitive were showing signs of progress in 1998.

In 1998 – as part of the rapid consolidation in the electric and natural gas industries to lower costs and achieve economies of scale sparked by deregulation – Pacific Enterprises merged with Enova Corporation, the parent company of San Diego Gas & Co.

In 1999, Chevron initiated a series of talks with Texaco, which proved unsuccessful.

Renewable Energy: Since 2002, PG&E has entered into more than 110 contracts to procure nearly 9,000 megawatts of renewable energy, including biomass and waste, geothermal, wind, small hydroelectric and solar.

In 2005, the company changed its name to Chevron Corp. and then acquired Unocal Corp., further enhancing its position as a leading energy provider.

2009: Obama visits SCE electric vehicle facility

2009: Replacing 5 million meters with smart meters

The Tengiz expansion and the ramp-up of the deepwater Agbami Field offshore Nigeria were two projects that added significant production volumes in 2009.

Clean-Fuel Vehicle Fleet: PG&E is a pioneer in developing a clean-fueled fleet of utility cars and trucks, recognized as the leading utility fleet in 2010 by Automotive Fleet magazine.

2013: Edison acquires SoCore Energy

By 2016, in addition to the Marcellus, the company was developing tight oil or liquids-rich gas shales in the Permian Basin of the southwestern United States, the Vaca Muerta Shale in Argentina, and the Duvernay Shale in Canada.

2021 climate change resilience report