Schlumberger, the world’s largest oilfield services company, agreed to sell its US fracking business to a smaller rival following a collapse in demand.
Most severe implications expected in Permian Delaware, NM
The oil major Exxon Mobil is not planning to give up its status as the top driller in Texas.
Business minister Kwasi Kwarteng has said fracking "for the time being is over" in the UK.
Last month the UK Government took the energy industry by surprise by announcing a moratorium on the quest for shale gas onshore in England.
For years, OPEC ignored the rise of the U.S. shale industry and came to regret its mistake. Now, the group is making another bold gamble on America’s oil revolution: that’s its golden age is over.
Controversial fracking will no longer be allowed because of new scientific analysis, the UK Government has said.
The UK's only fracker Cuadrilla has revealed it will make small "goodwill payments" to locals who claim their homes were damaged by a violent tremor caused by the company's Lancashire drilling site.
The Government's plan to establish the UK shale gas industry through the controversial process of fracking is taking longer than expected, a new report has said.
A new study from the University of Texas at Austin is blaming hydraulic fracturing activity on some earthquakes in the Permian Basin of West Texas.
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
The Scottish Government has confirmed its "final policy position" on fracking as being one of no support.
Opposition parties have called on the Scottish Government to promise an outright ban on fracking.
Friends of the Earth Scotland has called on the Scottish Government to "legally ban fracking" in a statement due to be made on Thursday.
The recovery of the north-east’s oil and gas industry has not been “spectacular” despite a flurry of M&A activity in the first six months of the year, an industry expert has said.
A tremor measuring 2.1 on the Richter scale has been recorded at the UK's only active fracking site - the largest ever detected at the facility.
Fracking has been stopped at the UK's only shale gas exploration site after a tremor, according to an energy firm.
The potential to extract shale gas from fracking in the UK could be significantly lower than previously thought, a study suggests.
A change of British government has given the much maligned fracking industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves.
The boss of a UK oil and gas firm hit out at a report on fracking last night claiming the the paper "amounts to erroneous conclusions".
The boom in fracking for shale gas has "dramatically increased" global methane emissions in the past decade, a study has warned.
Labour is calling for a ban on fracking, claiming UK Government support for it will make it impossible to meet the net-zero target for carbon emissions in this century.
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United States and Canada.
A Tory former minister has branded fracking "industrialisation of our countryside" as he raised concerns over the environmental impact of shale gas extraction.
The fracking licence held by petrochemical giant Ineos has been extended for another year by Scottish ministers.