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Wednesday, April 22, 2020

Bankruptcy looms over U.S. energy industry, from oil fields to pipelines

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

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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