The next fracking boom could be in Saudi Arabia Technology made the US oil shale boom. Newer technology may allow oil giants like Saudi Arabia and Norway to become the next fracking boom markets.
| By: Andrew Zaleski, special to CNBC.com
Is Shell's 'problem child' business growing up? Activists in kayaks have protested against plans by Shell to resume oil exploration in the U.S. Arctic. For analysts, the news means Shell's "problem child" is getting some attention.
| By: Katy Barnato
GLOBAL MARKETS-Stocks slide as bond yields rise and US dollar slumps NEW YORK, May 6- Stocks on major world markets fell on Wednesday, as European borrowing costs reached their highest level this year, while the U.S. dollar slumped against major currencies after weak American economic data. The uncertainty is that these are pretty significant moves, "said Chuck Carlson, chief executive officer at Horizon Investment Services in...
| By: Richard Leong and Jamie McGeever
Europe shares end mixed amid euro strength Europe fluctuated between gains ans losses on Thursday, before closing mostly higher as investors reacted to more earnings news as well as the Fed's latest rate decision.
| By: Holly Ellyatt