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California Resources Corporation News

Chaparral Energy Files for Chapter 11 Bankruptcy Protection

Chaparral Energy is the U.S. energy sector’s latest coronavirus pandemic casualty, filing for bankruptcy protection as Covid-19 continues to sap oil demand.

Chevron to Buy Noble Energy in $5 Billion Oil-Patch Tie-Up

Chevron agrees to buy Noble Energy for $5 billion in stock in what is the biggest energy tie-up since the coronavirus pandemic took hold.

California Resources Files Chapter 11 on Oil-Demand Collapse

California Resources sought protection from creditors in Chapter 11 of the bankruptcy laws after oil prices and demand collapsed in the pandemic.

California Resources May Be Headed for Bankruptcy

California Resources will file for bankruptcy this weekend unless it gets another debt extension, a report says.

California Resources Climbs After Dismissing Restructuring Report

California Resources rises after dismissing reports it was thinking of restructuring and had hired advisers.

Breaking News

Las Vegas Strip May Lose a Major Sports Franchise

Sin City usually gets what it wants. That may not happen this time.

Steve Jobs Gets Posthumous Award From President Joe Biden

Jobs was one of 17 people to be awarded the Presidential Medal of Freedom.

Target Has a Surprising New Idea For Cereal Fans

This throwback will excite fans who fondly remember cereals from their childhoods.

TikTok Faces a New Major Threat

The popular short-form social media company is in the hot seat once again in the U.S.