Saturday, August 8, 2026

Shipping Comes to Terms With $50 Billion Clean-Fuel Bill

From The Wall Street Journal The introduction of low-sulfur fuels in oceangoing vessels next year will mark the biggest change in ship propulsion since the maritime industry moved from coal to heavy oil early in the 20th century. The compulsory switch on Jan. 1, 2020, will affect at least 60,000 vessels and is estimated by shipping executives to cost up

Buyout Debt Threatens Apollo’s Big Shale Bet

From The Wall Street Journal Apollo Global Management APO -0.73% LLC and a group of other big investors had black gold in mind when they acquired oil-and-natural-gas producer EP Energy Corp. in a leveraged buyout seven years ago. Instead, the debt-fueled deal has delivered black eyes. Last month, EP warned in a securities filing that its ability to remain a going concern is in