PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jan.2025) — RefinerÃa de Cartagena S.A.S. (Reficar) was notified of a decision issued by the Court of the Southern District of New York, which ended a long legal process with Chicago Bridge & Iron Company N.V., CB&I UK Limited. The decision denies […]
Tag: Reficar
Ecopetrol Informs About Dutch Court and Restructuring Process of CB&I N.V.
(Ecopetrol, 22.Mar.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that RefinerÃa de Cartagena S.A.S. (Reficar) has been notified of the decision to approve the alternative financial restructuring plan of Chicago Bridge & Iron Company N.V. (CB&I N.V.), reached on 21 Mar. 2024, by the District Court of Amsterdam in the […]
McDermott to Position Company for Long-term Success
(McDermott, 8.Sep.2023) — McDermott International, Ltd has entered into a transaction support agreement with more than 75%, in aggregate, of its secured letter of credit (“LC”) providers, funded debt creditors and equity holders to initiate a financial restructuring process to strengthen its capital structure, enhance its liquidity position, and further […]
LatAm Briefs: Biking Cuts Emissions, Reficar Case Ruling
(Energy Analytics Institute, 4.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: biking reducing transport emissions by 67% and Colombia’s comptroller general preparing a tax ruling for the Reficar case. Biking Reduces Transport Emissions By 67% Switching from the car to the bicycle reduces transport emissions by […]