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India

Honghua Group Ltd (0196.HK)

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Stepping on the gas: China's home-built fracking boom

CHONGQING, China On a flattened mountaintop a two-and-half-hour drive south of Chongqing in southwest China, a fleet of towering, red fracking trucks pumps chemicals and sand into a 1,500-metre horizontal well deep under the ground.

Factbox: Domestic industry backs China's shale gas push

China's fracking support industry has grown rapidly over the past decade and now makes everything from fracking trucks and pumps to proppants, while local service providers are learning to match global rivals like Schlumberger and Baker Hughes.

FACTBOX-Domestic industry backs China's shale gas push

June 21 China's fracking support industry has grown rapidly over the past decade and now makes everything from fracking trucks and pumps to proppants, while local service providers are learning to match global rivals like Schlumberger and Baker Hughes.

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