Search Results for: Energy
Essar Energy GC considers panel shakeup following delisting
August 27th, 2014
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. India’s Essar Capital, controlled by billionaire brothers Shashikant and Ravikant Ruia, ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
Ofgem puts big six energy suppliers under investigation
June 27th, 2014
The energy watchdog, Ofgem, fired the starting gun on Thursday on the biggest investigation yet into the energy market by referring the much-criticised power industry to the Competition and Markets Authority (CMA). The big six suppliers will be under ...
Energy Future Should Kill Borrowing Plan, Creditors Say
June 25th, 2014
Energy Future Holdings Corp.’s official creditors’ committee said the company should scrap a plan to borrow another $2 billion to help it restructure because the loan wouldn’t save it any money. By using its available cash instead to refinance ...
Energy Future Packs Three Courtrooms at First Hearing
May 2nd, 2014
It took three courtrooms to accommodate the lawyers, advisers and observers gathered for the first hearing in Energy Future Holdings Corp.’s bankruptcy in Wilmington, Delaware. That still left the main courtroom with standing room only. Given the clamor over ...
Energy Future Files for Bankruptcy Protection in Delaware
April 29th, 2014
Energy Future Holdings Corp., the Texas power company Henry Kravis and David Bonderman took private in 2007 with Goldman Sachs Group Inc. in the biggest-ever leveraged buyout, filed for bankruptcy after reaching a deal with stakeholders to cut billions ...
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
European stocks hovered below record highs on Wednesday
June 23rd, 2021
European stocks hovered below record highs on Wednesday as inflation worries overshadowed data showing a rise in June business activity, while shares in French luxury good makers tumbled on the back of a ratings downgrade from HSBC. The pan-European ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
