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Bankrupt
Coal Company
Coal Operator Rhino Resource Partners Files for Bankruptcy Protection
Rhino Resource Partners, one of the companies that purchased assets from bankrupt coal operator Blackjewel last year, has filed for bankruptcy protection.
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
Oil Shale
America:Chesapeake Files for Bankruptcy Protection
Chesapeake Energy, the once-mighty natural gas producer, filed for bankruptcy protection today.
Oil & Gas Trade
Mexican Firm in Oil Swap with Venezuela Declares Bankruptcy
A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy.
Oil Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Coal Mine
Australian-Owned Western Kentucky Coal Mine Going to Auction in June
The Australian company that owns a western Kentucky coal mine will auction off the project next month. The mine is operating under bankruptcy protection with a …
Beach Energy Vows to Defend Itself After US Drilling Company Lobs Suit
Bankrupt Diamond Offshore Drilling has sued ASX-listed oil and gas producer Beach Energy for abruptly terminating a $US65 million ($101 million) drilling contra…
Crude Oil
$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy
Diamond Offshore Drilling has filed for Chapter 11 bankruptcy protection, becoming the second major victim of the oil market crash so far, after Whiting Petrole…
Oil&Gas Drilling
Diamond Offshore Files for Chapter 11 Bankruptcy Amid Historic Oil Price Crash
Diamond Offshore Drilling Inc., a rig contractor owned by Loews Corp., filed for bankruptcy.
Oil Price
US Oil "Technically Worthless," and Coal Plants Shuttered, as a Tidal Wave of Bankruptcies Looms
May contracts for West Texas Intermediate (WTI) crude oil went as low as -$37.63 on Monday.
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Oil Price
Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60
As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently.
PG&E Wins Approval for $23 Billion Bankruptcy Financing Package
Power producer PG&E Corp (PCG.N) said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin News…
Oil & Gas Trade
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…
Coal Company
US Coal Sector Remains in Rough Shape into the 2020s
The US coal sector is seeing little hope of improvement in the next few years, after a long list of bankruptcies, power plant closures, layoffs, and other troub…
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