US oil bankruptcies to drop as prices stabilize – OilPrice.com
US oil bankruptcies to drop as prices stabilize – OilPrice.com
The combined debt of North American E&P and oilfield services companies that filed for Chapter 11 bankruptcy protection last year rose to $ 102 billion, for the first time exceeding the credit mark. $ 100 billion, according to a Rystad Energy analysis of data from Haynes and Boone. While the number of filings was lower […]
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