Edition:
India

Taru Jain

Dominion takes $2.8 bln charge to exit Atlantic Coast natgas pipe

31 Jul 2020

U.S. energy company Dominion Energy Inc said on Friday it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

DuPont takes $2.5 billion charge, posts bigger quarterly loss

30 Jul 2020

DuPont reported a bigger second-quarter loss on Thursday and wrote down the value of its automotive business by $2.5 billion, one of its biggest markets that has been hard hit by the COVID-19 pandemic.

Pipeline doubts put Bakken shale reboot on hold

30 Jul 2020

North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

UPDATE 2-Pipeline doubts put Bakken shale reboot on hold

30 Jul 2020

July 29 North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

Pipeline doubts put Bakken shale reboot on hold

29 Jul 2020

July 29 North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

Dow signals choppy recovery from pandemic blow, plans cost cuts

23 Jul 2020

Dow Inc chief executive officer said on Thursday it would probably take a couple of years for the chemical maker's volumes and margins to rebound to pre-coronavirus levels, and laid out additional cost-cutting plans to cope with its fallout.

Dow forecasts current-quarter revenue below estimates on sluggish global recovery

30 Apr 2020

Dow Inc forecast current-quarter revenue below estimates on Thursday after posting a drop in adjusted quarterly profit as selling rates of chemicals took a hit from a slump in oil prices and the coronavirus outbreak dented demand in some end markets.

DuPont doubles output of protective gowns to 30 million per month

25 Apr 2020

Industrial materials maker DuPont is doubling production of protective garments it makes from its Tyvek material to about 30 million a month to help meet increased demand due to the coronavirus outbreak.

Breen to return as DuPont CEO

19 Feb 2020

DuPont has brought back management veteran Edward Breen as its chief executive officer, in a move that the industrial materials maker is hoping will help lift sluggish sales since its split from DowDuPont Inc.

Cenovus posts surprise fourth-quarter loss as costs rise; shares drop

12 Feb 2020

Canadian oil producer Cenovus Energy posted a surprise fourth-quarter loss on Wednesday, due in part to higher-than-expected royalty costs and weaker refining margins.

World News