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
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental…
Air Products and Chemicals has separated the roles of chair and CEO as an activist investor is pressing the company to create a succession plan.
The carbon exchange in Indonesia announced that Indonesia will begin offering carbon credits to international buyers as early as next week.
Analysts and LSEG data indicate that global diesel prices and refinery margins increased following the latest round U.S.
Bloomberg News reported Thursday that Glencore and Rio Tinto have had early-stage discussions about merging their businesses.
The administration of President Joe Biden moved on Thursday to restrict oil and gas drilling in more areas of Alaska's Arctic…
Bloomberg News reported Thursday that Glencore and Rio Tinto have had early-stage discussions about merging their businesses.
Farmers say that Canada's approval for Bunge's $34 billion takeover of Glencore's Viterra by U.S. grain traders Bunge will…
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston…
Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement…
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs…
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book…
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