Nigeria needs new oil deposits and is looking at other areas to increase its oil reserves.

Winners of this prestigious award reach across a broad range of disciplines and address a number of problems that pose roadblocks to efficient operations.

Against a backdrop of pressing power shortages, Pakistan seeks to draw more investment from the world over to explore and produce its promising hydrocarbon resources.

The UK government gave the thumbs up to fracing in the country with new controls around seismic risk.

The transition away from an oil-price indexation model is on the horizon for the industry, according to Deloitte partners.

Activity remained brisk in 2012 in the emerging frontier off the coasts of the West African nations of Sierra Leone and Liberia.

Experts say there is potentially up to 600 Tcf of gas to still be found in the country.

As an abundance of shale gas leads to less coal consumption in the US, the use of coal remains prevalent in countries in other parts of the world.

The presence of guar gum substitutes and expectations that North American market frac activity will level out within three years led to PacWest’s prediction that guar prices will stabilize at $3 or $4 per pound next year.

With the rig count slumping and less pressure-pumping services needed for oil/liquids plays, US demand for hydraulic fracturing services dropped 14% in 2012.