Hydraulic fracturing - 'fracking' - is the energy story of the 21st century. This new technology means previously unrecoverable reserves of oil and gas can now be extracted. It has transformed the energy markets in the US, and led to huge new opportunities for investors. Below, we explain what fracking is, and explore the best ways to play this exciting story.
The fracking process explained in 30 seconds
US shale oil producers may be able to keep oil prices in a range around current levels.
The oil price has had a good run lately. But with the industry undergoing fundamental changes, we won’t see $100 a barrel any time soon, says John Stepek.
The nascent UK fracking industry has suffered a major setback following Cuadrilla’s failed bid to drill four exploratory wells.
Applying shale techniques to mature conventional oil fields could tap another 140 billion barrels worldwide.
Miner turned businessman, David Lenigas has people worried in England’s southeast over his plans to drill for oil.
Investment guru Jeremy Grantham believes US fracking is a red herring, and oil prices are set to rise.