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Weatherford receives court approval of Dip financing
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reorganization

  • Joe Barone, Shale Directories
  • Blog
  • August 6, 2019

Weatherford receives court approval of Dip financing

Oilfield services company Weatherford International Plc said Monday the U.S. Bankruptcy Court for the Southern District of Texas had granted the company final approval for its debtor-in-possession (Dip) financing, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • April 1, 2019

Bankruptcy judge approves Dip loan for PG&E

Bankrupt California power provider PG&E Corp. won court approval last week for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.
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  • Joe Barone, Shale Directories
  • Blog
  • February 1, 2019

ExxonMobil streamlining upstream organization to assist growth

ExxonMobil said Thursday it will streamline its upstream organization and centralize project delivery companywide to support previously announced plans to double operating cash flow and earnings by 2025.
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