U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they struggle under heavy debt loads and a dual supply/demand shock in the worst crisis the oil industry has faced.
from Reuters: Business News https://ift.tt/2wZWyQs
Wednesday, April 22, 2020
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Bankruptcy looms over U.S. energy industry, from oil fields to pipelines
Shipping giant to move operations from major port
Maersk says it will stop using Felixstowe when its larger ships dock in the UK. from BBC News https://ift.tt/VW4fD3p
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