Philadelphia Energy Solutions secured approval of a debt repayment plan, but action continues in bankruptcy court as the refiner tries to collect on $1.2 billion in insurance it said was triggered by the explosion that drove it into chapter 11.
…the European car sector after its brief midweek recovery. The fallout from the coronavirus is global, as shown by the postponement of Hong Kong’s rugby sevens tournament and China’s Grand Prix alongside…
On February 4, Badeephak Kaosala, 23, a Thai medical student in Wuhan, China, boarded a plane that evacuated him from the center of the coronavirus outbreak.
As a result of the transactions, the holding’s share in free float increased to 49.61% of the authorized capital.
The outlook for European jet fuel demand is worsening as fears arising from the coronavirus are beginning to affect business travel in the region.
Oil prices edged higher on Thursday, as investors hoped the world’s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China.
Burmistrova noted that the project is important for the energy security of Europe.
Set up by the World Bank and governments in 2015, it is a major part of the fight against energy waste and rising emissions.
…Norway’s central bank governor has warned the country’s politicians against using the world’s largest sovereign wealth fund as a political tool, amid a growing debate over what the $1tn oil fund should…
Norway’s central bank governor warned politicians against meddling too much with the country’s massive sovereign wealth fund and of overspending its oil wealth.