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ECONOMY > Energy

Major U.S. shale gas producer files for bankruptcy 

  • June 30, 2020
  • , Mainichi, Yomiuri, Nikkei
  • JMH Summary

Nikkei, Yomiuri, and Mainichi reported that Chesapeake Energy Corp., a major shale gas producer, filed for bankruptcy on Sunday as a result of plunging energy prices due to the new coronavirus pandemic. Nikkei claimed that the end of the “shale gas boom” in the United States demonstrates the challenge of achieving energy security in the world. 

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