Pierre Bertrand

Natural Gas Industry To Create 1.5M Jobs By 2015: IHS

The U.S. natural gas industry will create 1.5 million jobs by 2015, in large part because of the surge in production from unconventional shale beds that require hydraulic fracturing, according to an IHS study released Wednesday.

Churning Oil And Coal, Essar Group's Growth Mirrors Indian Economy

What started as a family construction firm in the 1960s, Essar Group, based in Mumbai India, now is a behemoth of a company. It is fully integrated in steel production, oil and gas production and refining, electric generation and shipping on five continents with revenue of more than $27 billion.

OPEC Meeting Preview - Five Things You Should Know

Leaders of the world's 12-member crude oil cartel gather this week in Vienna to discuss and perhaps set a production ceiling for the group in what is expected to rubber stamp the current state of affairs. It is also expected to feature a fierce tug-of-war between Saudi Arabia, the cartel's dominant producer, and Iran.

Gold Prices Fall, Ending Six-Day Rally

The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.

Best Buy Founder And Chairman Richard Schulze Resigns

Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.

More Fracking Coming to Kansas? Conference Debates Practice As Officials Mull Allowing It

One more U.S. state is joining the ranks of those considering opening their doors to fracking, the controversial drilling technique that has brought jobs and revenue across the U.S. while being accused of being environmentally damaging. Kansas is, like North Carolina and New York, debating whether to say yes to oil and gas companies that want to drill in the state.

Nebraska Supreme Court Tosses Out Keystone XL Suit

Nebraska landowners challenging the constitutionality of state laws dealing with the Keystone XL Pipeline will have to pin their hopes on Nebraska's lower district court, as its Supreme Court decided it will not hear their case.

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