US shale oil giant Chesapeake Energy files for bankruptcy as the coronavirus crisis claims another energy victim

Business Insider

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· *US shale oil pioneer Chesapeake Energy filed for bankruptcy protection on Sunday, bowing to pressure from heavy debt and rock-bottom energy demand levels during COVID-19.*
· *Chesapeake filed for Chapter 11 protection in a Texas bankruptcy court to facilitate a "comprehensive balance sheet restructuring," according to its...

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