Deposed SemGroup chief executive and president Tom Kivisto told employees of the (voluntarily) bankrupt company on Saturday that things are going to be okay, though he refused to take questions from the media, only stating that "as the facts and...

You might've thought you didn't give a rat's ass about the collapse of energy trader SemGroup but that changes now. According to Reuters, three "massage clinics," eight funeral homes, two Hooters establishments and a pawnshop that "specializes in gold jewelry"...

It looks like the collapse of SemGroup, the oil traders who filed for bankruptcy after losing $2.4 billion, may wind up getting prosecuted as a criminal matter. We already knew the SEC was looking into the company's cash-flow problems. Now...

At least four subsidiaries of SemGroup filed for Chapter 11 bankruptcy today, after determining that seeking government protection from creditors would be the "the best way to maximize value," unlike the oil trades that resulted in $3.2 billion in losses....