Weatherford International PLC, which has its main U.S. office in Houston, has emerged from Chapter 11 bankruptcy protection.
The company’s restructuring process eliminated about $6.2 billion of outstanding funded debt, according to a Dec. 13 press release. When the initial bankruptcy petition was filed in July, the company listed total debts of nearly $8.34 billion and total assets of nearly $6.52 billion.
Now, Weatherford has emerged with $2.6 billion in exit financing facilities, including a…
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Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of
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