A South Korean court has given Hyundai Heavy Industries Co. , the world’s largest shipyard, approval to buy Hyundai Oilbank Co. from International Petroleum Investment Co., backing a ruling in Singapore last year.
Maynilad Water Services Inc., the Manila water utility with the most customers, disputed a regulatory order to reduce prices, saying rates should instead be raised.
Manila Water Co., the largest publicly traded water company in the Philippines, filed a dispute notice with the International Chamber of Commerce questioning a regulatory order to cut tariffs.
Exxon Mobil Corp.’s four-year hunt for billions of dollars in nationalized Venezuelan oil profits isn’t finished after an international panel slashed the U.S. oil company’s claim by 89 percent.
Phillips 66 said an international tribunal ruling supports its right to acquire a 50 percent stake in facilities at its Sweeny Refinery in Texas from Petroleos de Venezuela SA.