Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup cost left to taxpayers.

#air-pollution, #bankruptcies, #chesapeake-energy-corporation, #diamond-offshore-drilling-inc, #environment, #global-warming, #greenhouse-gas-emissions, #hydraulic-fracturing, #methane, #natural-gas, #north-dakota, #oil-petroleum-and-gasoline, #permian-basin-north-america, #united-states-politics-and-government, #whiting-petroleum-corporation

These Companies Gave Their C.E.O.s Millions, Just Before Bankruptcy

Corporate boards are handing out millions to top executives before their companies seek bankruptcy protection, and courts can’t do much about it.

#bankruptcies, #bonuses, #chesapeake-energy-corporation, #coronavirus-2019-ncov, #executive-compensation, #hertz-global-holdings-inc, #jc-penney-company-inc, #lawler-robert-douglas, #layoffs-and-job-reductions, #soltau-jill, #whiting-petroleum-corporation