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The Latest Breaking News from Fracking

Why BofA Believes It's A Good Time To Buy ProFrac

ProFrac Holding Corp. (NASDAQ: PFHC) is well-positioned to benefit from a material rise in fracking profitability through year end and into 2023.

Benzinga

Analysis: Colombia's extractive industries watching election warily

Colombia's leftist firebrand presidential candidate Gustavo Petro is too close in recent polls for the comfort of oil companies and miners who worry that his promised policies would imperil Colombia's economy and energy self-sufficiency, high-ranking industry figures and business associations said.

Reuters

9th Circuit Court blocks permits for fracking off California coast

LOS ANGELES — The U.S. 9th Circuit Court of Appeals on Friday blocked fracking off the California coast, ruling that the federal government must complete a full environmental review before approving permits for such offshore oil drilling platforms.

Los Angeles Times

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What do Labor's climate policies mean for the gas-led recovery and the Northern Territory's Beetaloo Basin?

We answer your questions by looking at where Scott Morrison's gas-fired recovery was supposed to start, in the Northern Territory's Beetaloo Basin.

ABC News

Sweetpea gas company begins fracking exploration on Beetaloo Basin station

A gas company has accessed a Northern Territory cattle station to begin exploration, against the wishes of pastoralists and some traditional owners.

ABC News

Pastoralist company to join forces with Beetaloo Basin traditional owners to resist gas exploration

Rallen has steadfastly opposes fracking on its land amid fossil fuel firm’s ‘unprecedented’ legal action to force access

The Guardian - AU

Pro-fracking group Back Beetaloo takes aim at Ravazzotti family pastoralists with banner

The organisation Back Beetaloo has been reprimanded by the AEC and accused of "astroturfing" by a digital media expert.

ABC News

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$NT government bureaucrat warns fully implementing fracking recommendation 9.8 could scare off gas industry in confidential email$

NT government bureaucrat warns fully implementing fracking recommendation 9.8 could scare off gas industry in confidential email

Confidential correspondence obtained by the ABC shows a key environmental bureaucrat warning that fully implementing a commitment to offset all emissions from fracking the gas-rich Beetaloo Basin could face significant challenges.

ABC News

$US fracking boom could tip world to edge of climate disaster$

US fracking boom could tip world to edge of climate disaster

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

The Guardian - US

$Beetaloo Basin's 'absolutely immense' potential spruiked at oil and gas conference, but big fracking tests loom$

Beetaloo Basin's 'absolutely immense' potential spruiked at oil and gas conference, but big fracking tests loom

Buried deep in the Beetaloo Basin, it's estimated there is enough shale gas to power Australia for 300 years if the industry can work out how to frack it safely. Now, the industry is considering re-injecting wastewater into deep saline aquifers.

ABC News

Fracking review suggests UK has softened precautionary principle since leaving EU – here's why it matters

The UK government recently conceded that the reasons for its 2019 ban on hydraulic fracturing “have not gone away,” and there is “no compelling evidence” to support rethinking it. Better known as fracking, this industrial process injects millions of gallons of water underground at high pressure to release fossil gas…

The Conversation

$Violence against activists grows as Colombia's pilot fracking projects progress$

Violence against activists grows as Colombia's pilot fracking projects progress

Colombia's anti-fracking activists are facing increased threats and violence as two investigative pilot projects to extract oil and gas from unconventional fields move forward, five campaigners said, with some forced to flee in fear for their lives.

Reuters

$NT government referred to ICAC over its handling of fracking research contract in Beetaloo Basin$

NT government referred to ICAC over its handling of fracking research contract in Beetaloo Basin

Darwin researchers believed they would be awarded a contract to study prawn-like species in a major Northern Territory gas field earmarked for fracking. A government decision not to do so has now been referred to ICAC.

ABC News

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