News Topic: energy

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SandRidge Energy filed for bankruptcy protection on Monday, joining a growing list of companies that weren’t able to hang on long enough to enjoy the rebound in oil. Crude oil prices have climbed 76% since dropping to a 13-year low in mid-February. But ... Read full article

Energy companies that are struggling to avert bankruptcy have recently been relying on a tool to buy time called a distressed-debt exchange. For some of them, that tactic may not work for much longer. ... Read full article

A Manhattan bankruptcy judge on Tuesday is expected to announce her decision on whether to free Sabine Oil & Gas Corp. from pipeline agreements it negotiated before the oil glut. The agreements require Sabine to deliver minimum amounts of oil and ... Read full article

Tulsa, Okla., energy company New Gulf Resources LLC filed for chapter 11 protection Thursday, the latest in a slew of energy companies to enter bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article

While a new report from the Administrative Office of the U.S. Courts shows a 46% decline in chapter 11 filings from 2010 to 2014, there appears to be an uptick in energy related filings, especially by Texas-based companies. ... Read full article

First Place financial Corp. has filed for bankruptcy protection and is selling the stock of subsidiary First Place Bank, the Youngstown Vindicator reports . ... Read full article

Associated Press As if bankruptcy itself were not tough enough, Solyndra had the ill fortune to sink with $527 million of taxpayer loans and a private equity owner with links to President ... Read full article