Coal fading from U.S. energy landscape

Daniel J. GraeberWASHINGTON, March 16 (UPI) — This year will be the first time in history natural gas overtakes coal as the main source of electricity, the U.S. Energy Information Administration reports.

Lockheed Martin forms energy group

Daniel J. GraeberBETHESDA, Md., March 16 (UPI) — Defense company Lockheed Martin said it formed a new commercial line that would focus on expanding into the energy technology market.

China makes low-carbon commitments

Daniel J. GraeberBEIJING, March 16 (UPI) — A five-year economic development plan unveiled by China called for strengthened efforts to control pollution and a gradual shift away from coal.

Atlantic to be free from drilling

Daniel J. GraeberWASHINGTON, March 15 (UPI) — With Washington poised to pull the Atlantic Ocean off the oil and gas drilling list, environmentalists declared victory after their hard preservation efforts.

Four tremors recorded in Oklahoma since Sunday

Daniel J. GraeberOKLAHOMA CITY, March 14 (UPI) — Five seismic events were reported by the U.S. Geological Survey in Oklahoma in the last 24 hours as the state works to stem incidents tied to oil and gas work.

Vessel seen leaking fuel off the LA coast

Daniel J. GraeberLOS ANGELES, March 14 (UPI) — The Los Angeles Fire Department said it was working with the Coast Guard and other responders to identify the nature of oil sheen spotted off the city’s coast.

Iran welcoming to U.S. energy companies

Daniel J. GraeberTEHRAN, March 14 (UPI) — Energy companies with U.S. headquarters are welcome to do business in Iran, though sanctions may be prohibitive, the country’s oil minister said.

Eni makes Barents Sea breakthrough

Daniel J. GraeberMILAN, Italy, March 14 (UPI) — Italian energy company Eni said Monday its start to oil production in the Goliat field is the first in the Norwegian waters of the Barents Sea.

Oil rallies beyond the $40 per barrel mark

Daniel J. GraeberNEW YORK, March 8 (UPI) — Signs of growth in the European Union and a downturn in the U.S. shale sector pushed crude oil prices higher Tuesday, with Brent holding above $40 per barrel.

Transocean delays rig work

Daniel J. GraeberZUG, Switzerland, March 8 (UPI) — Offshore rig company Transocean said payments and delivery for five new drilling rigs was now delayed following an agreement with its contractor.