Chesapeake Energy, the second-largest natural gas producer in the United States, plunged as much as 50 percent on Monday after multiple reports that it had hired restructuring attorneys. [CNBC]

David Cameron is making an enormous “legacy mistake” by going all-out for fracking in the UK, the actor and environmental activist Mark Ruffalo has warned. [The Guardian]

Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house. [Bloomberg]