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Montevideo, November 23rd 2024 - 23:52 UTC

Tag: bankruptcies

  • Wednesday, October 15th 2014 - 20:00 UTC

    The ten biggest energy company bankruptcies

    In the 1980s, Texaco became embroiled in a legal battle with Pennzoil, and ended up owing the company $10.5 billion

    Running a multi-billion dollar energy company isn't easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some, like Enron, were brought down because of insider malfeasance.