Sunday 23 August 2020

Insider Q&A: More oil and gas bankruptcies coming

NEW YORK (AP) - Bankruptcies in the U.S. oil patch are on the rise after the global pandemic decimated demand. But shale companies were struggling before COVID hit, loading up on debt before prices came crashing down.

Law firm Haynes and Boone counted nearly 500 bankruptcies among oil and gas ...
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