shale gas

The two companies have agreed a production sharing deal to exploit shale resources in northwest China.

The cost of exports and domestic lobbying to keep the oil and gas at home will limit the benefits to consumers based outside the US, particularly in the short-term, panelists at an annual Credit Suisse conference argue.

Malaysia’s state-owned oil and gas company, Petronas, has agreed to buy Canada’s Progress Energy to exploit unconventional gas reserves.

PetroChina becomes the latest Asian company to invest in oil sands, shelling out $5.4 billion in a joint venture with Canada's Encana.

In its second deal with Chesapeake in less than six months, CNOOC agrees to pay up to $1.27 billion for a one-third interest in a shale-gas acreage in the US.

India’s largest private sector company Reliance Industries continues on its US acquisition spree by spending $392 million on a shale gas joint venture with Carrizo.