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.

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

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%.

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

Conventional reservoirs also are being revitalized as part of the tight oil revolution under way in North America.

The move from fossil fuels to renewable energy has been delayed by the shale revolution since the commercial imperative in the marketplace was changed.

Joint ventures and tailored programs are among the opportunities that exist for foreign investors to take advantage of emerging shale gas and shale oil opportunities across the globe, according to industry leaders in the US and abroad.