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According to the Lubbock Fire Department, a cracked 1,400 kg tank was leaking hydrogen chloride, which forms hydrochloric acid when it reacts with moisture.

Houston-based Flotek Industries, Inc. has agreed to acquire Florida Chemical Co. Inc., a citrus oils processor located in Winter Haven, Fla.

California appears to be on the verge of formally forbidding the technology, as three bills are currently going through the state's legislature on banning operations until fracking has been found to be safe.

A number of large American companies have made arrangements to sell their assets abroad and redirect their capital toward domestic projects.

Researchers warn that fracking to extract shale gas poses risks to water supplies in regions like Texas and Colorado, which are already seriously threatened by drought.

Shell Oil announced Monday plans to utilize hydraulic fracturing at two of its wells in northwest Colorado, Craig Daily Press reported.

The $2.2 billion payment from Kuwaiti-owned Petrochemical Industries Co. (PIC) settles a lengthy legal dispute over the failed K-Dow joint venture.

Concerns have been raised by the industry that food safety might be compromised if the FDA cut the number of food inspectors at the end of September.

The EPA estimated that a mining operation similar to plans to dig the large open-pit Pebble Mine at Alaska's Bristol Bay region could destroy up to 90 miles of salmon and trout spawning streams.

The U.S. FDA has warned in recent days that fraudulent versions of Allergan's drug Botox are being distributed here in the U.S. The agency called for healthcare practitioners and the general public to exercise caution when dealing with the drug.