fracking
California Lawmakers Propose Ban on Fracking by 2027
SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035.
February 17, 2021World’s Biggest Fracker Halliburton Sees Signs of Rebirth as Slump Ebbs
Halliburton signage is displayed alongside storage tanks in Port Fourchon, La. (Luke Sharrett/Bloomberg News)
Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers.
October 19, 2020Shale Loses Another Global Giant After Schlumberger’s Frack Sale
(Bloomberg News)
Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.
September 1, 2020Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump
Halliburton signage is displayed alongside storage tanks in Port Fourchon, La., on June 11. (Luke Sharrett/Bloomberg News)
Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.
July 20, 2020Chesapeake Pushed Into Bankruptcy by Plunging Energy Prices
Employees work on a Chesapeake Energy natural gas rig in Texas in November 2009. (Matt Nager/Bloomberg News)
Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes, filed for bankruptcy, becoming one of the biggest victims of a spectacular collapse in energy demand from the virus-induced global lockdown.
June 29, 2020Pennsylvania’s Gas Politics Churn as Trump Embraces Industry
A post marks the location of a shale gas pipeline in Zelienople, Pa. (Keith Srakocic/AP)
EXTON, Pa. — For a second time in three months, President Donald Trump is headed to Pennsylvania to promote his support for the natural gas industry, making clear that he sees his pro-industry policies as a boost to his chances of winning the battleground state.
October 23, 2019Wisconsin Frac Sand Producers Seek Relief From Rail Costs, Service Issues
Sand for hydraulic fracturing is loaded onto a railcar in Maiden Rock, Wis. (Ariana Lindquist/Bloomberg)
In a clash of old and new industries, Wisconsin frac sand producers say their business is threatened by a handful of railroads operating under outdated regulations. Wisconsin produces about a third of the nation’s supply of sand used to extract natural gas and oil through a process known as hydraulic fracturing, or “fracking.”
July 30, 2018Harvey’s Floods Could Delay 10% of US Fracking, Analyst Says
Rainwater surrounds oil refinery storage tanks in Texas City, Texas, Aug. 30. (Luke Sharrett/Bloomberg News)
As much as 10% of U.S. fracking work could be delayed after Hurricane Harvey ripped through southeast Texas, soaking thousands of miles of dirt roads snaking through one of the nation’s busiest oilfields.
September 1, 2017Cuomo to Ban Fracking; Health Officials Call It Unsafe
The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that Governor Andrew Cuomo will end a six-year moratorium.
December 18, 2014