bankruptcies

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economic recovery means more business for oil companies
newrepublic.com

Kate Aronoff: The fossil fuel industry thinks it will have a good year under Biden

Without a big push to decarbonize, economic recovery means more business for oil companies.
Troubles in the oil patch
www.wsj.com

Troubles in the oil patch: low prices to lost jobs

By some measures, the coronavirus pandemic hit the energy industry harder than any other major segment of the U.S. economy, and while crude prices have staged a rally recently, the sector is still going through one of the most brutal years in its history.
How PG&E is racing to improve safety as fire season approaches
www.nytimes.com

How PG&E is racing to improve safety as fire season approaches

The utility, which recently emerged from bankruptcy, is upgrading power lines, trimming trees and making other changes to prevent another big fire.
Fracking firms fail, rewarding executives and raising climate fears
www.nytimes.com

Fracking firms fail, rewarding executives and raising climate fears

Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup cost left to taxpayers.
PG&E, troubled California utility, emerges from bankruptcy
www.nytimes.com

PG&E, troubled California utility, emerges from bankruptcy

The company, which has a new board and chief executive, said it had put $5.4 billion and its stock in a trust for victims of wildfires started by its equipment.
Chesapeake Energy, a shale pioneer, files for bankruptcy protection
www.nytimes.com

Chesapeake Energy, a shale pioneer, files for bankruptcy protection

The company helped turn the United States into a gas exporter but became known for an illegal scheme to suppress the price of oil and gas leases.
PG&E pleads guilty to 84 counts of manslaughter in Camp Fire case
www.nytimes.com

PG&E pleads guilty to 84 counts of manslaughter in Camp Fire case

The California utility’s transmission line started the 2018 fire that killed dozens and destroyed the town of Paradise.
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