June 28, 2020 / 8:13 PM / 5 days ago

Shale pioneer Chesapeake Energy files for bankruptcy

June 28 (Reuters) - Shale pioneer Chesapeake Energy Corp filed for Chapter 11 bankruptcy protection on Sunday, the biggest U.S. oil and gas producer to collapse this year under the weight of too much debt and the drop in energy demand and prices from the COVID-19 pandemic.

Reporting by Rama Venkat in Bengaluru; editing by Diane Craft

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