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By returning to Christian roots, the nation can achieve greatness once again
Topic - Chesapeake Energy Corp.
Representatives of two energy companies that are accused of colluding to keep bids low on oil and gas leases have appeared in a northern Michigan court to face criminal charges.
Michigan Attorney General Bill Schuette says he's filed criminal charges Chesapeake Energy Corp. and Encana Corp. for colluding to avoid bidding against each other for Michigan oil and gas leases.
Following a request by a state senator from northern Pennsylvania, state Attorney General Kathleen Kane is reviewing whether her office has jurisdiction to investigate complaints into the costs that natural gas exploration giant Chesapeake Energy Corp. deducts before it pays royalties to the owners of land where it drills.
Oil companies from China, Norway, Japan and other nations are investing billions of dollars in U.S. shale projects so they can learn how to extract oil and gas from bedrock and use those technologies to tap into the large and mostly undeveloped shale deposits outside the U.S.
Just weeks after taking a stake in Chesapeake Energy Corp., activist shareholder Carl Icahn has helped orchestrate a shake-up at the nation's second-biggest natural-gas producer.
Faced with decade-low natural gas prices that have made some drilling operations unprofitable, Chesapeake Energy Corp. said Monday it will drastically cut drilling and production of the fuel in the U.S.