2021 PREVIEW: Fracking sector consolidates, eyes green shoots after turbulent year
Published: Tuesday, 22 December 2020
Frackers and frac sand miners are anticipating a turnaround in fortunes and a large-scale reconfiguration of the industry after a dramatic year of bankruptcies in the wake of a turbulent oil market.
Oil prices started to tumble in February when China shut
down large parts of its logistics and economy to slow the
spread of the Covid-19 virus, and the world adjusted to the
possibility that the outbreak could become a pandemic. The
price fall accelerated in March after the breakdown of