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US Judge to Approve Peabody Ch. 11 Plan, Subject to DOJ Talks

Posted by Eric Haun

A U.S. bankruptcy judge said on Thursday he would approve a plan by Peabody Energy Corp , the world's largest private sector coal producer, to exit Chapter 11 bankruptcy subject to discussions with the U.S. Department of Justice.

(Reporting by Tom Hals in Wilmington, Delaware; Editing by Chris Reese)

Mar 16, 2017

 

Energy

China's Tariffs on US Oil Would Disrupt $1 Bln Monthly Business

© Igor Groshev / Adobe Stock

China's threat to impose duties on U.S. oil imports will hit a business that has soared in the

Equinor Awards $3.7 Billion Service Deals

The Grane platform in the North Sea. (Photo: Harald Pettersen / Equinor ASA)

Norwegian oil and gas firm Equinor has awarded drilling and well service contracts worth 30

Norway Awards Oil Permits to 11 Firms in Arctic Licensing Round

The West Hercules drilling rig in the Barents Sea. (Photo: Ole Jørgen Bratland / Equinor)

Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused

Finance

China's Tariffs on US Oil Would Disrupt $1 Bln Monthly Business

China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month.

Navios Maritime Containers files for a $100 million IPO

Angeliki Frangou. File Photo: SUNY Maritime College

Monaco-based container ship company Navios Maritime Containers has filed with the SEC to raise up

Noble Group Sells Kamsarmax Dry Bulker to Aeolian Spirit Shipping

Image: Noble Group

The commodity trader Noble Group has entered into an agreement with Aeolian Spirit Shipping

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