Nearly a dozen western Wisconsin residents filed new lawsuits against frac sand mines in Jackson and Chippewa counties, while almost four dozen others are trying to amend four lawsuits against Hi-Crush mines in Trempealeau County, according to News8000.com.
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Covia Bankruptcy Plan Approved
Covia announced the United States Bankruptcy Court for the Southern District of Texas, Houston Division, confirmed its Plan of Reorganization.
Read MoreAdvocacy Groups Decry North Dakota Fracking Aid
Two advocacy groups are questioning the legality of the state’s new program that funnels federal coronavirus aid to oil companies to reimburse part of the cost of fracking wells, according to the Bismarck Tribune.
Read MorePetroteq Oil Sands Plant to Restart
Petroteq Energy Inc., an integrated oil company focused on the development and implementation of its proprietary oil-extraction technologies, announced that work to upgrade the capacity and reliability of its oil sands plant at Asphalt Ridge has been completed. Commissioning of the plant is now also complete.
Read MoreThis Week’s Market Buzz
• At press time, oil prices fell after a new strain of coronavirus discovered in the U.K. sparked fresh travel restrictions across Europe and concerns that there may be more lockdowns globally. Brent crude oil, the international benchmark, dropped 2.6% to $50.91 a barrel. Futures tied to West Texas Intermediate, the main U.S. crude gauge, fell 2.8% to $47.74 a…
Read MoreSand Control Solutions Market Will Grow to $3.2 billion by 2025
According to a new market research report published by MarketsandMarkets, the Sand Control Solutions Market size will grow to $3.2 billion by 2025 (forecast year) from $2.1 billion in 2020 (estimated year), at a CAGR of 8.9% during the forecast period.
Read MoreAthabasca Minerals to Focus on ‘Greenest Sand Facility’ in North America
Athabasca Minerals Inc. (AMI) announced its financial results for the third quarter ended Sep. 30. Athabasca reported consolidated revenue of $0.4 million ($0.1 million in Q3 2019) with a total loss and comprehensive loss of $1.1 million, compared to income of $0.8 million in Q3 2019.
Read MoreGaia Metals Corp. Appoints Way as President
Gaia Metals Corp., which operates its Golden Silica project in British Columbia, Canada, appointed Blair Way as president. Adrian Lamoureux will remain as CEO.
Read MoreHi-Crush Names New Executive Team
Hi-Crush Inc. announced that its board of directors has appointed a new executive team to manage the company’s next phase of growth.
Read MoreThis Week’s Market Buzz
• At press time, oil prices rose as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID-19 pandemic. Brent crude was up 21 cents, or 0.4%, at $48.46 a barrel. U.S. West Texas Intermediate oil was 11 cents, or 0.2%, higher at $45.39…
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