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Pages in category "Defunct oil companies of the United States" The following 94 pages are in this category, out of 94 total. This list may not reflect recent changes.
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
Contract driller Diamond Offshore has filed for bankruptcy with debts of $2.6 billion, as the energy industry is hammered by crashing oil prices. Court documents seen Monday show Houston-based ...
Orange oil is an essential oil produced by cells within the rind of an orange fruit (Citrus sinensis fruit). In contrast to most essential oils, it is extracted as a by-product of orange juice production by centrifugation , producing a cold-pressed oil. [ 1 ]
[1] [2] In April 2018, the company acquired the interest in the Elk Hills Oil Field previously held by Chevron Corporation for $460 million and 2.85 million shares. [3] [4] In July 2020, the company filed bankruptcy with $5 billion in debt; it emerged from bankruptcy in October 2020. [5] In March 2021, Mark A. (“Mac”) McFarland was ...
ATP Oil & Gas Corp. (NASDAQ: ATPG) is joining the bankruptcy crowd. The oil company in the Gulf of Mexico filed a voluntary Chapter 11 bankruptcy petition in order to undertake a comprehensive ...
In 2015, the Refugio oil spill resulted in the closure of a pipeline upon which the company depended; as a result production was reduced by 50%. In March 2016, the company filed bankruptcy. [11] On April 17, 2017, Venoco filed bankruptcy again and began liquidation. [12] [13] At that time, the company was owned by affiliates of Apollo Global ...
Due to the decline in oil prices during the Great Recession, Greka laid off 30 people in March 2009, representing about 20% of its staff in the Santa Maria area. [20] Greka changed its name to HVI Cat Canyon, Inc. in May 2011, going back to a name it had used prior to 1999 for its operations on the East Cat Canyon Oil Field. The name "HVI Cat ...