The oil and gas industry has come under fire recently over the environmental impact of some of its extraction techniques for unconventional oil - such as shale gas and oil sands - but there are a number of alternatives out there.
A major partnership between a Canadian company and a major Japanese oil and gas producer was recently announced.
Russia is not known as an environmentally conscious country but that hasn't stopped the world's largest producer of natural gas from claiming that exploiting shale gas comes with high environmental risks.
In recent months no other shale gas formation in the United States has drawn as much attention as the Marcellus.
Fracking has helped the United States maintain the world's number one economy, but the exploitation of unconventional gas is also catching the eye of the world's second largest economy: China.
Calgary-based junior exploration and production company Cequence Energy Ltd. (CQE:TSX) reported cash flow per share (CFPS) of C$0.07 for 3Q11 and production of 9,745 barrels of oil equivalent per day.
Calgary-based exploration and production company Delphi Energy Corporation (DEE:TSX) recently reported that its production averaged 8,967 barrels of oil equivalent per day and that its associated cash flow per fully diluted share was C$0.14 in 3Q11.
U.K. firm Cuadrilla Resources stated on November 2 that hydraulic fracturing or "fracking" was the impetus for small earthquakes that occurred in Blackpool in northwest England earlier in the year, which exacerbated already-existing concerns about the safety of the technology used.
