Tag Archives: Chesapeake Energy

Shalestorm

Chesapeake Energy files for bankruptcy Chesapeake Energy Corp., a paradigm for the world of shale-gas fracking in the United States, filed for bankruptcy June 28, a major company falling to the continual drop in energy demand happening during the pandemic. The Oklahoma City-based company filed for Chapter 11 protection from creditors in U.S. Bankruptcy Court […]

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Energy CEO McClendon dies in car accident

Aubrey McClendon, co-founder of Chesapeake Energy Corp., died Wednesday in a car accident in Oklahoma City, police said. He was 56. Reuters first reported the story. His death came just one day after the U.S. Department of Justice indicted him for allegedly violating antitrust laws by colluding to rig bids for oil and gas acreage while he […]

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