Hydraulic Fracturing
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Central Alberta farmers concerned by fracking operation’s use of waterThe Alberta Energy Regulator describes fracking as "a technique used to break up the rocks deep inside the earth to help get the oil and natural gas flowing."CanadaJun 11
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First Nations in N.B. not consulted on proposal to revive hydraulic frackingPremier Blaine Higgs says hydraulic fracturing is on the table, despite First Nation leaders saying there were not consulted prior to it being mentioned in the throne speech.EnvironmentOct 28, 2022
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Labour shortages slowing pace of fleet activations for Calfrac Well ServicesCalfrac president Lindsay Link said the company is also expecting an increased demand for its services in 2022, driving improvements in operating and financial performance.CanadaNov 2, 2021
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Germany’s Deutsche Bank won’t back new oilsands or coal projectsThe German bank says its new fossil fuels policy will also prohibit investing in projects that use hydraulic fracturing or fracking in countries with scarce water supplies and all new oil and gas projects in the Arctic region.WorldJul 27, 2020
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Calfrac Well Services shares rise 75%; oilfield company says it hired advisersCalfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change'' that would account for a 75.6 per cent increase in its share price on Tuesday.MoneyJun 9, 2020
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Supreme Court dismisses appeal in Alberta company’s oilpatch technology fightA long-running court battle over who owns a well-completion technology that helped usher in the shale oil and gas boom in North America has ended.MoneyDec 19, 2019
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Company halts fracking plans in Sussex area over ‘regulatory uncertainty’Corridor Resources was searching for investors to back its multimillion-dollar plan but says "regulatory uncertainty" has now limited its search.EnvironmentAug 13, 2019
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Pair of Calgary-based fracking firms report double-digit Q2 revenue declinesTwo of Canada's biggest oil and gas well-fracking companies are posting double-digit percentage revenue declines as energy exploration spending slowed in the quarter ended June 30.MoneyAug 1, 2019
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Alberta Energy Regulator restricts fracking near Brazeau dam following earthquakeThe Alberta Energy Regulator is moving to restrict oilfield fracking activity near the Brazeau Reservoir in east central Alberta as a precaution following a 4.3 magnitude earthquake south of the area in March.EnvironmentMay 27, 2019
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AER orders Vesta Energy to stop fracking ops immediately after Sylvan Lake earthquakeThe Alberta Energy Regulator received a report from Vesta on March 4 at 6:20 a.m. that seismic activity with a magnitude of 4.32 was detected due to fracturing at the site.EnvironmentMar 5, 2019
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