Muti conducts Syrian musicians at a memorial concert amid the ruins Nine Syrian musicians in Europe perform at the 24th friendship concert led by Riccardo Muti Updated July 5, 2020 AP July 05, 2020 14:03 RAVENNA: Nine musicians from the Syrian diaspora in Europe will play Sunday at the 24th …
Read More »Factbox: struggling Canadian energy companies face debt pressure
WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
Read More »Record debt overdue for Canadian oil patch after five years of crisis
WINNIPEG, Manitoba / TORONTO (Reuters) – Six years ago, Canadian oil services firm Calfrac Well Services (CFW.TO) had a market value of C $ 2.1 billion ($ 1.55 billion) and was ready for expansion in the US. FILE PHOTO: An oil and gas pump jack is seen near Granum, Alberta, …
Read More »Exxon Mobil unveiled an 8K Thursday. What was not in the presentation could be worrying.
Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
Read More »Fracking Pioneer Chesapeake Energy Declares Bankruptcy for $ 9 Billion | Ambient
Chesapeake Energy, the pioneer of oil shale gas drilling that helped make the United States a global energy power, filed for bankruptcy. The Oklahoma City-based company said Sunday it had been forced to enter Chapter 11 protection because its $ 9 billion debts were unmanageable. He has entered into a …
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