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U.S. To Become Top Oil Producer by 2015 on Shale Boom

U.S. To Become Top Oil Producer by 2015 on Shale Boom The US will overtake Saudi Arabia and Russia as the world’s top oil producer by 2015 amid soaring output from shale formations, says the...

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North American Shale to Eclipse Most OPEC Nation’s Output

North American Shale to Eclipse Most OPEC Nation’s Output According to Exxon Mobil Corp.’s annual report for long term forecast for global energy, oil output from the shale fields of North America will...

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U.K. Geological Study Shows Shale is Below Water Sources

U.K. Geological Study Shows Shale is Below Water Sources Layers of shale in the U.K. are well below water aquifiers, thereby minimizing the risk of contamination when drilled, says a study by the...

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Hydraulic Fracturing Boom Hits Water Wall

Hydraulic Fracturing Boom Hits Water Wall The World Resources Institute has released a new report that lays out the potential for water scarcity to put a halt on gas and oil fracking among the world’s...

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