fracking News Updates

The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.

U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.

President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.

Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.

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.

Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers.

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.

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%.