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Tag: debt
The shale industry could be swallowed by its own debt
2015-06-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The debt that fueled the U.S. shale boom now threatens to be its undoing. Drillers are devoting more revenue than ever to interest payments. In one example, Continental Resources Inc., the company credited with making North Dakotas Bakken Shale one of the biggest oil-producing regions in the world, spent almost as much as Exxon Mobil Corp., a company 20 times its size. The burden is becoming heavier after oil prices fell 43 percent in the past year. Interest payments are eating up more than...
Greece 'to offer new debt proposals'
2015-06-20 15:09:22| BBC News | Business | UK Edition
A Greek minister says new proposals will be put to creditors to "get closer to a solution" ahead of a crisis summit on Monday.
Tags: offer
debt
greece
proposals
VIDEO: Greece's debt dilemma - in 75 seconds
2015-06-18 13:56:40| BBC News | Business | UK Edition
Time is running out for Greece to agree a deal to secure the funds it needs to pay a 1.6bn (1.1bn) loan repayment due to the IMF.
Tags: video
seconds
debt
dilemma
Debt relief no long-term solution to sugar woes
2015-06-18 08:19:10| Sugar Industry News
Dayaveer took a bold decision when, against the wish of his brothers, he decided to sell his sugarcane to a nearby kolhu and not to the Umesh Modi-owned sugar mill in whose cane area his farm in western Uttar Pradesh falls. Though the kolhu paid him Rs 190 a quintal, while the mill was required to pay him Rs 280, Dayaveer is happy - at least he has been paid for his sugarcane.
Tags: solution
debt
relief
sugar
FTSE 100 dips on Greece debt worries
2015-06-17 18:01:45| BBC News | Business | UK Edition
Leading London shares lose ground as investors continue to fret about debt negotiations between Greece and the EU.
Tags: debt
greece
worries
dips
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