The U.S. shale industry is about to enter a period of “great compression” as low oil prices hammer the sector, according to a Deloitte study released Monday.
The firm believes that exploration and production companies could write down …
Chesapeake Energy is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the U.S. shale revolution to senior lenders, according to people with knowledge of the matter.
The dwindling options for a …
After a recovery from the last oil bust, energy bankruptcies are back on the rise in 2019.
The number of oil and gas bankruptcy filings through mid-August has nearly equaled the total tally from 2018, and …
Continued pressure from low oil prices has prompted Moody’s Investor Service to put 264 companies in its lowest credit rating, just …
