PG&E shares plunged after the company said that if its equipment is responsible for the "Camp Fire," the cost of the damage would exceed its insurance coverage and harm its financial health. » Read More
By: Michael Sheetz
Culp tells CNBC GE has "got plenty of opportunities through assets sales" to reduce the company's leverage. » Read More |
By: Michael Sheetz, Liz Moyer
PG&E and Edison International stocks fall on Monday as wildfires rage in Southern California. » Read More |
By: Melissa Goh
Companies in Singapore can now engage in renewable energy certificates trading on a blockchain-powered system. » Read More |
Jim Cramer details how big advertisers are key to the social media company's revival.
The utility sector is catching a bid this month as its safe-haven status outweighs its negative correlation with rising interest rates.
Hedge fund investor Aaron Stern is a big believer in the German utility E.ON turnaround.
Power could be out for days in the Southeast where the storm is expected to head.
A California bill allowing investor-owned utilities to pass on wildfires-related costs to ratepayers could be signed this week by Gov. Jerry Brown.
The Trump administration on Tuesday revealed its long-awaited plan to scale back an Obama-era rule designed to cut planet-warming emissions from the nation's power plants.
The Trump administration is expected on Tuesday to reveal its long-awaited plan to scale back an Obama-era rule designed to cut planet-warming emissions from the nation's power plants.
A development in Singapore, Marina One, combines 160,000 plants with office and residential towers. It could be a model for the future of urban living.
After facing liability in wildfires last October, PG&E said Thursday that its insurance premium costs are significantly higher and it plans to transfer some of the financial risk to insurance and capital markets in agreements in the coming days.
California lawmakers are looking at legislation that would provide liability relief for utilities in the state that face billions of dollars in risk from wildfires.
The world invested $1.8 trillion into the energy sector last year, down 2 percent from the previous year, the International Energy Agency reported.
Jim Cramer makes the case to value the market just as it is.
Utility stocks are rallying in recent weeks, and some say the trend is likely to continue.
Too many investors are mistakenly leaving defensive names for dead, according to a new Leuthold Group research note.
Activist Elliott Management is partnering with frequent ally Bluescape Resources to win board seats and stage a turnaround at San Diego-based Sempra Energy.
China's dream of building a global electricity grid may be coming true, the Financial Times reports.
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