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UPDATE 3-Obama administration to announce remake of coal program - sources

WASHINGTON, Jan 14 (Reuters) - The Obama administration is due on Friday to announce an overhaul of how the United States manages coal development on federal land, and may freeze new coal mining, according to government and conservationist sources, in a further move to confront climate change.

UPDATE 2-White House to revamp U.S. coal program as soon as Friday - sources

WASHINGTON, Jan 14 (Reuters) - The Obama administration will announce as soon as Friday an overhaul of how the United States manages coal development on federal land, according to government and conservationist sources, in a further move to confront climate change.

UPDATE 1-BHP Billiton slashes U.S. shale assets value by $7.2 bln

* BHP cuts its oil and gas price assumptions (Adds CEO comments, details)

UPDATE 1-BHP Billiton slashes U.S. shale assets value by $7.2 bln

* BHP cuts its oil and gas price assumptions (Adds CEO comments, details)

RPT-Lockheed says committed to commercial helicopter market

WASHINGTON, Jan 14 (Reuters) - Lockheed Martin is committed to the commercial helicopter market despite shrinkage in the sector due to the slide in oil prices since it took over Sikorsky Aircraft from United Technologies Corp last year, a senior executive told Reuters on Thursday.

RPT-Lockheed says committed to commercial helicopter market

WASHINGTON, Jan 14 (Reuters) - Lockheed Martin is committed to the commercial helicopter market despite shrinkage in the sector due to the slide in oil prices since it took over Sikorsky Aircraft from United Technologies Corp last year, a senior executive told Reuters on Thursday.

UPDATE 2-Argentina signs $500 mln shale deal with American Energy Partners

BUENOS AIRES, Jan 14 (Reuters) - State-run energy firm YPF said on Thursday it had signed a preliminary deal worth more than $500 million over three years with American Energy Partners LP (AEP) to explore for shale gas in Argentina's vast Vaca Muerta formation.

UPDATE 2-Argentina signs $500 mln shale deal with American Energy Partners

BUENOS AIRES, Jan 14 (Reuters) - State-run energy firm YPF said on Thursday it had signed a preliminary deal worth more than $500 million over three years with American Energy Partners LP (AEP) to explore for shale gas in Argentina's vast Vaca Muerta formation.

BHP Billiton to take $4.9 bln writedown on U.S. shale assets

MELBOURNE, Jan 15 (Reuters) - Top global miner BHP Billiton said on Friday it would book a $4.9 billion post-tax writedown on the value of its U.S. shale assets reflecting the sharp slump in oil and gas prices, volatility and a bleak near-term outlook.

White House readying overhaul of fossil fuel program -sources

WASHINGTON, Jan 14 (Reuters) - The Obama administration is preparing to announce as soon as Friday an overhaul of how the nation manages coal development on federal land, according to government and conservationist sources, in a further move to confront climate change.

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