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Shale-drilling Giant Chesapeake Energy Files For Bankruptcy

by posted 8months ago 95 views
Shale-drilling giant Chesapeake Energy filed for bankruptcy to get out from under a mountain of debt as the coronavirus pandemic hammered the energy industry. The Oklahoma City-based company is the biggest American oil and gas company to seek bankruptcy protection amid the COVID-19 crisis, which has kneecapped demand for fuel and caused oil prices to...