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.

By 2020, Mozambique could become one of the world’s largest suppliers of LNG. The country is expected to join the US and Australia among others in that category based on a report by GlobalData.

Results for this year’s first half compared to last year’s showed the Mexican company’s struggles continue, but top executives seem optimistic about the future.

If the US proves successful in unearthing natural gas from shale formations, the geopolitical structure with the world’s top energy producers could shift in the nation’s favor.

Activity offshore continues to strengthen as operators lock in contracts for newbuild rigs still in the shipyards.

Faced with declining reserves, Mexico’s national oil company gets serious about exploration.

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.

Costs related to upstream oil and gas facilities are expected to remain stable in 2Q-3Q 2012 before continuing to climb at year-end.

The biggest interest in Norway’s latest licensing round has been in the Barents Sea, which is a very attractive exploration province.