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Oil Bankruptcies Could Shift Clean-up Bill to US Taxpayers

2020-10-02 15:00:00| OGI

U.S. taxpayers could be left footing a bill of tens or even hundreds of billions of dollars to clean up oil and gas wells, a new report says.

Tags: us bill oil shift

 

Lessons Learned from Early Wave of E&P Bankruptcies

2020-09-15 22:00:00| OGI

As upstream oil and gas companies emerge from Chapter 11 bankruptcies, theyll need to be mindful of exit credit facility terms and requirements that may reflect a shift from their prior experience and will likely affect their future borrowing base redetermination process.

Tags: early wave learned lessons

 
 

UPDATED: COVID-19 Bankruptcies That Could Hurt the CRE Industry

2020-08-25 08:00:00| National Real Estate Investor

The massive economic hit from COVID-19 has forced scores of U.S. companies into bankruptcy. Here are some with the most significant potential repercussions for commercial real estate.

Tags: updated industry hurt cre

 

Analysts Forecast About 150 More E&P Bankruptcies by End-2022

2020-08-22 00:30:00| OGI

Even at $40 WTI, about 150 more E&Ps in North America will need to seek Chapter 11 protection through 2022, according to Rystad Energy analysis.

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US Energy Bankruptcies Surge Continues on Credit, Oil-price Squeeze

2020-08-12 11:00:00| OGI

Last month, oil and gas producers California Resources and Denbury Resources both filed for Chapter 11 bankruptcy. Together, those firms combined account for $7.7 billion in debt.

Tags: credit energy continues surge

 

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