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Sunday, June 28, 2020

Fracking trailblazer Chesapeake Energy files for bankruptcy


Fracking trailblazer Chesapeake Energy files for bankruptcy



Chesapeake Energy Corp. said Sunday that it had filed for bankruptcy protection as an oil- and gas-price rout stoked by the coronavirus pandemic proved to be the final blow for a shale-drilling pioneer long hamstrung by debt.

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Government set to nationalise troubled steel firm

Production at SSUK sites in South Yorkshire and the West Midlands was paused earlier this year. from BBC News https://ift.tt/QDsx7pR