In Focus

Shale oil bonanza to cost refiners billions of dollars

New US shale provinces are now pumping more than a million barrels per day (bpd) of some of the lightest oil available that is much “sweeter” – containing less of the contaminant sulphur. And the same technology is soon to be deployed elsewhere in the world

AMERICA’S shale oil boom is great news for US industry, jobs and consumers, but it could cost global refiners billions.

Full story...

Substantial progress seen in green technology development

One of the world’s most sought-after keynote speakers, futurist Dr PATRICK DIXON gives his take on tomorrow’s technology trends

WHEN Dr Patrick Dixon really wants a vacation, he chucks his cell phone into a bucket of water. Seriously. “I live in a very virtual world,” says Dixon, interviewed via Skype in London.

Full story...