U.S. energy CEOs are awarding themselves millions in bonuses as their companies go bankrupt

The collapse in crude prices this year has sent activity among U.S. oil and gas producers tumbling and left more than 100,000 workers out of a job.

But for one small handful of employees things are not looking so bad.

As their companies approach bankruptcy, executives at failing oil and gas producers have awarded themselves tens of millions of dollars in bonuses. And even in an industry that is no stranger to excess, investors have had enough.