The fracing industry has long considered water a nuisance. But water reclamation and treatment companies see H2O as liquid gold, and the technologies they bring to the game will play a pivotal role in the shale boom.
Growth of the world’s future oil supply will be unprecedented. Iraq will become the production leader, followed by the US, according to a study by a research fellow with the Geopolitics of Energy Project.
Millions of dollars in lost revenue were on the line for E&P companies operating on the Norwegian Continental Shelf if Norway didn’t intervene in workers’ plight for more money and a lower retirement age.