Fueled by national oil companies and international buyers making acquisitions in North American shale gas, shale oil and tight oil basins, global transactions involving unconventional oil and gas resources reached a record high $75 billion in 2011, reported IHS.

The warmest US winter in the past 60 years has propelled a massive natural gas inventory surplus and an early start to injection season, reports BENTEK Energy, a research and consulting firm based in Evergreen, Colo.

The International Energy Agency (IEA) will acknowledge the coming of age of the renewable energy sector by publishing, for the first time, an annual medium-term report which analyses that market.

Improvements to the pipelines crossing the Arabian Peninsula would allow more of the oil produced in the Persian Gulf to avoid the Strait of Hormuz, according to a new paper from Rice University’s Baker Institute for Public Policy.

Following a rise in popularity in the oil and gas upstream sector in 2010, joint venture agreements played a dominant role as a source of low cost funding in 2011—with unconventional resources drawing the most attention, noted analyst at Stifel Nicolaus.

NES Global Talent, a specialist in the oil and gas recruitment sector, expects companies to take on extra staff in 2012 as new projects get sanctioned.

A majority of Americans think developing natural gas by tapping shale formations offers greater rewards than it does risks, including those associated with hydraulic fracturing, according to a survey conducted by the Deloitte Center for Energy Solutions.

Deloitte MarketPoint LLC (DMP) conducted an independent assessment of the potential economic impacts of LNG exports from the United States.