Toshiba Corp's nuclear unit Westinghouse Electric Co filed for Chapter 11 bankruptcy protection in the Southern District of New York, a regulatory filing showed on Wednesday.
The move comes as the firm faced billions in cost overruns and years-long delays at U.S. power projects.
Reporting by Tim Kelly and Makiko Yamazaki
A letter obtained by showed that U.S. officials redoubled their efforts to convince EU counterparts that shipments of liquefied…
The newspaper O Globo, citing reliable sources, reported that Brava Energia, a Brazilian company, had reached an agreement…
Antamina is the second largest copper mine in Peru. It announced on Thursday that Adolfo Héren was appointed as its new CEO and General Manager.
Galp Energia, a Portuguese oil refiner and producer, announced on Thursday that it expects to produce biojet fuel and biodiesel…
In a video on social media, Hungarian Minister of Foreign Affairs Peter Szijjarto stated that the United States had granted…
Sinopec, the state-owned refinery, said that China's oil demand will peak in 2027. This is due to a decline in diesel and gasoline consumption…
Indonesia's chief economic minister announced on Thursday that it will increase the export levy on crude palm oil (CPO), from 7.5% to 10%…
The Dutch and British wholesale gasoline prices were mostly range bound on Thursday morning, despite the colder weather.
Sinopec (China Petrochemical Corp.) expects China’s petroleum consumption will peak in 2027, at no more that 800 million…
Shell received approval from Nigeria’s oil minister to sell $2.4 billion worth of onshore and shallow water assets to Renaissance Group.
Oil edged up on Wednesday after a drop in U.S. crude inventories, and as investors eyed a potential interest rate cut by the U.S.
BG International, a Shell unit operating in Suriname plans to submit a proposal to the country's environment agency to drill…
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