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Oil & Gas Trade
Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Lic…
Electric Vehicles
Stellantis Takes $1.6 Billion Stake in China's Leapmotor, Forming JV to Sell Its EVs in Europe
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing te…
Solar Power Plant
German Solar Industry Looks to Rise Again
A decade after a wave of bankruptcies all but wiped out the German solar industry, the sector is looking to reestablish itself in the face of stiff competition …
Solar Power Plant
The US's Oldest Solar Factory Filed for Bankruptcy in 2017 – But Now It's Back
Suniva, once the US’s oldest and largest solar cell maker, has been dormant for six years, but now it’s going to reopen its Georgia factory.Suniva i…
Tidal Energy
Permitting Woes Doom Canadian Tidal Energy Leader
Canada’s Sustainable Marine Energy Ltd. has been placed into voluntary bankruptcy and has appointed Deloitte Restructuring Inc. as trustee.The tidal energ…
Tidal Energy
Sustainable Marine Energy Enters Voluntary Bankruptcy, Cites Permitting Issues
Canada’s Sustainable Marine Energy Ltd. has been placed into voluntary bankruptcy and has appointed Deloitte Restructuring Inc. as trustee.The tidal energ…
India
Statkraft, First Mnc to Buy Bankrupt Indian Power Firm
Europe’s largest renewable energy company Statkraft is set to become the first MNC player to buy an Indian power company under the insolvency and bankrupt…
Offshore Wind Power
Breaking: Vestas Buys ST3 Offshore
Danish wind turbine manufacturer Vestas has acquired ST3 Offshore in the sixth tendering round since the Polish offshore steel foundations manufacturer declared…
Video: Two of Germany's Largest Shipbuilders Declare Bankruptcy
It's been a dire few months for the cruise industry
United Kingdom
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…
Crude Oil
Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt
Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…
United States
Third Energy Firm Declares Bankruptcy in Texas Snow Storm Fallout
Griddy Energy, the Texan energy supplier that encouraged customers to leave its service during recent snowstorms, has become the third energy firm in the state …
United States
Texas Power Cooperative Files For Bankruptcy
Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by …
Electric Car
Video: How NIO Plans To Beat Tesla In China
Previously on the brink of bankruptcy, Chinese electric vehicle manufacturer Nio is now on track to be one of the biggest EV companies in China, trumping all bu…
Oil&Gas Drilling
Pacific Drilling to Emerge from Bankruptcy by Year-End
Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reo…
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