Energy Update
April 1 (Reuters) - The number of rigs drilling for oil and natural gas in the United States fell for the 15th straight week to the lowest level since at least 1940, data showed on Friday, as the energy price rout takes its toll on shale producers' financing and their ability to drill new wells. Drillers cut 14 oil and gas rigs in the week to April 1, bringing the total rig count down to 450, oil services company Baker Hughes Inc said in its closely followed report.
WASHINGTON, April 1 (Reuters) - Technology companies Google, Apple, Microsoft and Amazon on Friday declared support for the Obama administration in a lawsuit facing its central plan to combat climate change, saying the rule is needed to drive a transition to cleaner energy.
SAO PAULO, April 1 (Reuters) - Brazilian police detained former leaders of the ruling Workers' Party over an allegedly fraudulent loan on Friday, the latest stage of a sweeping corruption investigation centered on state-run oil company with Petroleo Brasileiro SA.
ST PETERSBURG/VIENNA, April 1 (Reuters) - Russian oil major Gazprom on Friday signed cooperation deals with Austrian energy group OMV as it tries to secure more lobbying power for its project to expand the Europe-bound undersea gas pipeline, Nord Stream.
LONDON, April 1 (Reuters) - Cheap natural gas has slashed coal traffic across the U.S.
Community solar has hit a tipping point. It has become a major focus of the renewable energy sector and the subject of multiple reports and conferences where it is emerging as a highly flexible and customizable way to bring solar to a broad range of utilities and customers.
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