14 May 2013 Last updated at 08:28 ET

US shale shifts global power balanceThe US will change from the world's leading importer of oil to a net exporter.

A sharp rise in shale oil reserves is set to turn the US into a net exporter of oil, hitting demand for supplies from the Middle East, a report says.


Engineers on the drilling platform of the Cuadrilla shale fracking facilityTwo firms quit fracking in Poland

Two North American companies, Talisman Energy and Marathon, have quit fracking for shale gas in Poland, after disappointing drilling results.

Oil firms invest £330m in Atlantic

Major oil companies announce plans which they hope will boost production from the UK's biggest oilfield.

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