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...
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...
India's Top LNG Importer Expanding Capacity
India's supply of liquified natural gas (LNG) is set to expand as Petronet, the country's largest LNG importer, seeks $1 billion to expand its import capacity.
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...
Blame Coal's Hardship On Economic Factors, Not Federal Regulations, Says EPA Administrator
U.S. Environmental Protection Agency Administrator Lisa Jackson said her administration's environmental policies have had no influence on the coal industry's current hardships, despite enforcing...
Natural Gas Price Set For Rebound: Expert
The price of natural gas in the U.S. could be soon set for a steep rise, reaching levels not seen since in years, said one industry consultant.
No Coal, No Hope: Mine Cutbacks Kill Recovery In Appalachia
Clean energy advocates may be celebrating the decline of coal-fired power. But in the heart of Kentucky's Appalachia, ground zero for coal country, mining is essentially the economy. And there, no...
France To Ban Pesticide Believed Harmful To Bees
France's agriculture ministry intends to revoke a key permit allowing the use of a pesticide believed by scientists to harm bumblebee and honeybee populations.
Two Chesapeake Directors Offer To Resign Following Shareholders Meeting
Two Chesapeake Energy Corp. (NYSE: CHK) directors -- members of the audit committee now dealing with the personal finances of the company's CEO -- offered their resignations Friday after they...
Cheap Natural Gas Displaces Coal, Hammers Railroad Revenue, Share Prices
The effect of the nation's declining demand for coal is causing added drag on some leading rail companies, and shareholders are not happy.
BP Gulf Spill Fines Could Turn Into Jobs Boon
The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.
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...
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...
Not Just In America: Australians Against Fracking, Too
Citing lax laws and concerns about their water supply, farmers in Australia are pressuring lawmakers to impose a moratorium on the controversial drilling technique known as fracking.
Brazil To Fine Chevron For November Oil Spill By July
Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.
Oil And Gas Industry Group Says EPA Is Wrong On Methane Emissions
The American Petroleum Institute and America's Natural Gas Alliance are criticizing the U.S. Environmental Protection Agency's most recent natural gas emission estimates and suggest actual industry...
ConocoPhillips Reports Oil Leak In China's Bohai Bay
Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.
North Carolina Considers Fracking Bill
The North Carolina Senate could begin debating that state's first piece of legislation to allow hydraulic fracturing in oil-and-gas drilling next week.
Chesapeake Makes 'Significant' Oil And Gas Discovery In Anadarko Basin
The troubled Chesapeake Energy Corp. (NYSE:CHK), the second-largest producer of natural gas in the country, announced Friday it has made a significant discovery of crude oil and natural gas in the...