Houston-based McDermott International Inc. (NYSE: MDR) reportedly is discussing filing for bankruptcy in the near future.
People familiar with the situation told the Wall Street Journal and Bloomberg that HPS Investment Partners and Baupost Group LLC are leading a group of lenders that could provide a $2 billion bankruptcy loan. That would help the company continue regular operations after filing for bankruptcy, which could occur within the next few weeks, per the reports.
Representatives for…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
Elgin ISD’s board voted unanimously to reject a Chapter 313 application from Solar Proponent that company representatives said were a key determination in whether or
Real estate generates nearly 40% of global carbon dioxide emissions, contributing to rising sea levels and the increasing frequency and severity of extreme weather events
The Mountain Valley Pipeline’s Southgate Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of
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