Joint ventures and acquisitions have helped Statoil gain knowledge and establish position in US shale plays.

Although technology has brought new shale oil and gas supplies to market, each shale reservoir is different and has a unique set of challenges.

Natural gas shale plays in the US, Argentina, and China along with US shale oil production could lead to cuts in exports from Russia and the Middle East.

Two government agencies have signed an agreement to work together and with potential investors to study Arctic Alaska’s unconventional resources.

Investors from Asia and the UK are targeting liquids-rich shale plays in the US, forming billions of dollars worth of partnerships.

The industry is divided on hydraulic fracturing technology. An objective view is needed to sort out the confusion and decide on best processes.

The company’s 2012 Oil Sands Report on its Canadian operations shows production increased by more than 60% and carbon dioxide intensity dropped by nearly 24%.

A new policy would allow companies to extract shale oil and gas from blocks already awarded by the government.

Developers of a new technology say the process can remove nearly all organic materials from produced water.

Finding solutions to problems such as improving recovery rates will continue to push the energy industry to meet technology challenges.