Oklahoman
Most often, we hear about responsibly sourced products as part of a pitch to buy food or clothes in messaging that informs us the product was produced, grown or made in ways that didn’t have a negative impact on either people or the planet.
Could methane join that list?
The founder of Project Canary, a Colorado-based company created two years ago to certify responsibly sourced natural gas, believes a global appetite for it may be about to bloom.
And Oklahoma City-based Chesapeake Energy is on board with exploring the concept.
To gain certification, Chesapeake will also be required to demonstrate that the processes it uses to drill, complete and operate some wells being monitored didn’t harm either people or the planet.
Chesapeake wants its methane certified as responsibly sourced Here s what that means msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Chesapeake Exits Bankruptcy, Pledges to End Routine Flaring in Completions ‘Immediately’
Oklahoma City-based Chesapeake Energy Corp. on Tuesday put the Chapter 11 process in the rear-view mirror and said it wants to take up the gauntlet to develop its substantial Mother Lode of Lower 48 natural gas.
At one time the largest natural gas producer and biggest leaseholder in the onshore, Chesapeake succumbed to bankruptcy last June, and as of Tuesday had erased an estimated $7.8 billion in debt.
The restructuring marks a “new day,” CEO Doug Lawler said. “We have fundamentally reset our business, and with an improved capital and cost structure, disciplined approach to capital reinvestment, diverse asset base and talented employees, we are poised to deliver sustainable free cash flow for years to come.”
The World s Biggest Bankruptcies 2020
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The global pandemic pushed many shaky companies over the edge into bankruptcy, but some of them will emerge stronger and more profitable in the long run as a result.
December 29, 2020
Asking where the largest companies in the world are located and where the biggest bankruptcies of 2020 have taken place will give, quite unsurprisingly, the same answer. Due to Covid-19, the US economy suffered its most severe contraction in more than a decade. As a consequence of social distancing measures, lockdowns and travel restrictions, many companies found themselves losing customers or unable to operate. Businesses headquartered in other countries but with a large chunk of their operations in the US suffered equally.