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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…
Coal Company
One of the Biggest U.S. Coal Companies Filed for Bankruptcy
A judge approved a bankruptcy reorganization for one of the biggest U.S. coal companies Thursday amid ongoing uncertainty about how its mines will be bonded in …
Coal Company
Murray Energy Files for Bankruptcy As U.S. Coal Decline Continues
As part of a restructuring, founder Robert Murray, a Trump ally and climate change denier, will step down as chief executive and a lender group will take on mor…
Coal Company
Second Major U.S. Coal Company in Two Weeks Declares Bankruptcy
Two major U.S. coal companies have declared bankruptcy in the last two weeks, in a dramatic demonstration of the industry’s recent decline.
Coal Mine
Is President Donald Trump Losing His Fight to Save Coal?
The bankruptcy filing from Revelation Energy LLC and its affiliate Blackjewel LLC, the nation's sixth-top coal producing company in 2017, comes amid President D…

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