Southern California Edison Sued Over Role of Equipment in LA Wildfires

Jan 13 (Reuters) – Southern California Edison, a unit of utility firm Edison International (EIX.N), on Monday was sued on claims that its electrical equipment started one of the major wildfires raging in the Los Angeles area, according to court filings. At least 24 people have died in the fires that began last Tuesday, and …

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Reactions to New US Sanctions Against Russian Energy Interests

Jan 13 (Reuters) – The U.S. Treasury announced on Friday sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft (SIBN.MM) and Surgutneftegaz (SNGS.MM), to try to curtail Moscow’s ability to fund its war with Ukraine. The sanctions also target over 180 tankers and dozens of oil traders, oilfield service providers, insurance …

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