Why cheap oil isn't good news

2016-04-13 11:04

Although brent crude prices have risen, the oil price is still low compared to historical levels. Experts share what the low oil prices say about the global economy and its slow growth.

SA's shale gas reserves and exploration

2015-10-29 08:56

Experts discuss the potential of SA's gas reserves as a source of energy in the future. However there are challenges hampering exploration.

US shale and OPEC: The altered balance of power

2015-06-02 08:33

Two landmark events this month will underscore the extent to which the oil market's balance of power has been transformed by the shale revolution.

US shale oil output set for slowdown - BP

2015-02-18 12:37

Booming US shale output, which helped spark slumping oil prices, will continue over the next 20 years but start to slow, forecasts BP.

Poland's dream of shale gas riches fades

2015-02-11 17:30

Poland's dream of becoming a shale gas "El Dorado", bringing untold riches and assuring energy independence, is turning into a mirage as firms abandon prospecting efforts.

Algeria looks to invest $70bn in shale gas

2015-01-11 16:28

Algeria's state-owned energy giant Sonatrach plans to invest at least $70bn over the next 20 years to exploit shale gas in the southern desert.

What makes the world go round?

2014-12-11 06:45

There is more to the world than paying less for petrol at the pump, says Leopold Scholtz.

Oil price fall challenges US shale boom

2014-11-23 17:18

The US shale boom, which has challenged the rules of the global petroleum market, could soon face its own day of reckoning due to the supply glut it helped unleash.

UK lawmakers to consider shale gas fund

2014-11-10 11:02

Britain's upper house of parliament will consider plans for a sovereign wealth fund to be set up with revenues raised from shale gas.

IGas plans third UK shale gas drill

2014-10-09 11:00

Britain's largest shale gas explorer IGas plans to drill its third well next month, in the northwest of England.


Report shows how SA can boost shale gas development

2016-02-16 07:17

Even though South Africa has significant potential for shale gas development, little progress has been made in exploiting these resources, a report has revealed.

SA sees 19.5 tcf of recoverable gas resources

2015-09-29 13:08

Recoverable gas reserves from both onshore shale and offshore gas fields have been seen at around 19.5 trillion cubic feet, says a senior energy official.

SA shale gas regulations within two weeks

2015-05-12 10:39

The Department of Mineral Resources is expected to publish regulations which will govern the exploration process for shale gas in the Karoo soon.

Zuma hints at tapping into Karoo shale gas

2015-02-13 07:47

South Africa is looking to source gas from neighbouring countries as part of its energy mix, President Jacob Zuma has said in his State of the Nation address.

Refusal to rezone land could halt fracking

2015-02-10 07:52

The Treasure Karoo Action Group says local municipalities and provincial governments may hold the key to stop hydraulic fracturing for shale gas in its tracks.

Argentina cuts fuel prices to ease inflation

2014-12-24 11:04

Argentina will cut the price for crude oil produced and sold in the country to allow a 5% reduction in gasoline prices, the government says.

Saudi declares price war on US shale oil

2014-11-28 19:29

Opec members must combat the US shale oil boom, according to Saudi Arabia's Oil Minister Ali al-Naimi.

Germany reiterates ban on fracking

2014-11-17 17:05

Germany is not planning to lift a ban on fracking, following a report that it was considering lowering the hurdles for shale gas extraction to allow test drilling.

Shell pushes govt for shale gas licence

2014-11-05 21:17

Shell is pressing the government to decide on its application to explore for shale gas in the Karoo, which may contain some of the world's largest reserves.

Three firms eye fracking in the Karoo

2014-09-26 05:00

Five applications from three firms seeking permission to explore for shale gas in the Karoo have been received, says Mineral Resources Minister Ngoako Ramatlhodi.

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