A tough slog to international shale may put off revenue as shale seekers run into a myriad of obstacles that include opposition groups, regulation, and technical challenges.

The new law, which creates a national oil company and Petroleum Authority of Uganda, is not without its critics, who fear a clause in the bill opens the door for corruption.

After nearly three years, the Nigerian Oil and Gas Industry Content Development Act has led to direct investments of more than US $500 million by equipment manufacturers.

The newest bill being debated in Parliament will drastically change the landscape for investing in Nigeria.

One of the world’s largest oil and gas companies will pay the highest criminal fine in US history in relation to what has been deemed the worst oil spill in the US.

Some members of the oil and gas industry say US President Barack Obama’s win this week could bring regulatory hurdles, while others say they can work with the president.