Pierre Bertrand

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.

Jun 12, 2012

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.

Jun 12, 2012

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.

Jun 12, 2012

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 tougher emission standards the industry says increases their costs and dampens demand for coal.

Jun 11, 2012

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.

Jun 11, 2012

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 coal means no recovery

Jun 09, 2012

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.

Jun 08, 2012

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 attracted little support at the annual shareholders meeting.

Jun 08, 2012

The effect of the nation's declining demand for coal is causing added drag on some leading rail companies, and shareholders are not happy.

Jun 08, 2012

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.

Jun 08, 2012

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.

Jun 07, 2012

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.

Jun 07, 2012

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.

Jun 05, 2012

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.

Jun 05, 2012

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.

Jun 04, 2012

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 emissions are half what federal regulators say.

Jun 04, 2012

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.

Jun 04, 2012

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.

Jun 01, 2012

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 Anadarko Basin beneath the Texas Panhandle and western Oklahoma.

Jun 01, 2012

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.

Jun 01, 2012

BP (NYSE:BP) announced Friday is it pursuing options to sell its interest in TNK-BP, a Russian oil company jointly owned with a local partner.

Jun 01, 2012

Iraq's central government closed Thursday what has proven to be a disappointing two-day oil and gas lease auction sale that emphasized oil and gas exploration.

May 31, 2012

Antonio Brufau, CEO of Spanish oil company Repsol, renewed his resolve to seek punitive damages from Argentina's government following its seizure of the company's subsidiary YPF -- and his shareholders are with him

May 31, 2012

Thousands of Ecuadoreans this week are trying to force Chevron Corp., the second-largest U.S. oil and gas company, into complying with a verdict and paying billions in environmental fines resulting from a decade-long pollution case.

May 31, 2012

The Bureau of Ocean Safety Management announced on Wednesday it will be extending a public comment period for a draft impact statement needed before parts of the country's Atlantic seaboard are opened to geological surveying.

May 30, 2012

Democrats in a state where fracking has ignited a furious political debate say a law currently regulating the practice doesn't go far enough, and propose a new one

May 30, 2012

Iraqi officials on Tuesday said their country's next oil lease auction will not allow companies to sign contracts with Iraq's semi-autonomous northern region of Kurdistan.

May 30, 2012

After having its majority share of Argentine oil company YPF seized by the government, Repsol CEO Antonio Brufau said Tuesday the company was prepared to negotiate with government officials for fair compensation.

May 29, 2012

Oil and natural gas companies in Oklahoma will have to disclose the chemicals used when hydraulically fracturing rock for oil or natural gas, as of July 1.

May 29, 2012