Tag Archives: energy

PG&E Stock is going up to start its first day of bankruptcy

Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …

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Fire at Iran’s nuclear site hit new centrifuge facility

A fire and explosion hit a building above Natanz’s underground nuclear enrichment facility in Iran early Thursday, a site that US analysts identified as a new centrifuge production plant. Iran’s Atomic Energy Organization tried to minimize the fire, calling it an “incident” that only affected one “industrial shed” under construction, …

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