A South African environmental group renewed its call for a moratorium on shale-gas fracking, as the government moves closer to a decision on whether to allow the process opponents say imperils water quality. The Treasure Karoo Action Group, named after […]

The world’s largest provider of the service that blasts water, sand and chemicals underground to free trapped hydrocarbons, expects third-quarter operating profit margins in the region to be near 20 percent, the company said today in a statement. Second-quarter earnings […]

Signs of oil and gas have been found by a Chinese rig that was drilling off a disputed island chain in the South China Seas, according to Chinese state media.The drilling area does have the basic conditions and potential for […]